Hilltop Holdings director Bobbitt sells $793,000 in stock By Investing.com

Rhodes R. Bobbitt, a director at Hilltop Holdings Inc. (), sold a total of $793,000 worth of common stock over two days in mid-August. The transactions occurred with prices ranging from $39.50 to $39.80 per share.

According to a recent SEC Form 4 filing, Mr. Bobbitt disposed of 10,000 shares on August 13, 2026, at a price of $39.50 per share. The following day, August 14, 2026, he sold an additional 10,000 shares at $39.80 per share.

The sales came as HTH stock trades near its 52-week high of $40.41, up nearly 18% year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, with a P/E ratio of 14.6 and a dividend yield of 2.24%. The company has raised its dividend for 10 consecutive years.Following these transactions, Mr. Bobbitt directly holds 35,641 shares of Hilltop Holdings common stock.

In other recent news, Hilltop Holdings reported impressive second-quarter results for 2026, surpassing Wall Street’s expectations on both earnings and revenue. The company reported earnings of $0.63 per share, significantly above the anticipated $0.49 per share. Revenue also exceeded expectations, coming in at $315.81 million compared to the projected $307.39 million. These results reflect a 28.6% beat on earnings and a 2.7% beat on revenue, showcasing a strong performance for the Dallas-based financial company. While the earnings call did not mention any mergers, the robust financial results have drawn attention. Analysts’ projections had underestimated the company’s financial performance for the quarter. The recent developments indicate Hilltop Holdings’ ability to outperform market predictions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.