Director Ballester Alejandro M. sold 2,360 shares of Popular, Inc. (NASDAQ: BPOP) common stock on January 30, 2026, at a price of $132.50 per share, for a total consideration of $312,700.
Following the share disposition, Ballester retains direct ownership of 57,448.673 shares of Popular common stock. In addition to his direct holdings, he indirectly holds 363.835 shares via his son. Ballester also has 15,824 Restricted Stock Units (RSUs) on his equity ledger. Those RSUs convert into common shares on a one-for-one basis and are scheduled to be issued in equal annual installments on each August 15 of the first five years following the date of termination of his service as a director.
The share sale occurred in the context of Popular reporting a solid fourth quarter for 2025. The company posted earnings per share (EPS) of $3.53 for the quarter, above the consensus forecast of $3.03. While revenue slightly missed expectations, the EPS result and subsequent analyst reactions signaled positive reception among some market participants.
Following the quarter, Keefe, Bruyette & Woods raised its price target on Popular to $155 from $146 and maintained an Outperform rating. In its note, the firm also increased its 2027 earnings estimate by 4%, a revision the firm characterized as ahead of the Street consensus. Separately, RBC Capital lifted its price target to $141 from $137, noting the bank's strong capital position and the resulting flexibility to pursue growth opportunities.
Those analyst moves—higher targets from both Keefe, Bruyette & Woods and RBC Capital—were cited alongside the company’s quarterly results. Taken together, the analyst adjustments and the EPS beat were described as evidence of investor confidence in Popular’s financial position and prospects.
Context and holdings
The sale reduced Ballester’s direct position by the disclosed 2,360 shares while leaving his indirect and RSU holdings intact under the terms described. The RSU vesting schedule ties future issuance to the termination date of his directorship, with equal annual installments across the first five years after that event.
Analyst responses to Q4 2025
Keefe, Bruyette & Woods and RBC Capital both adjusted their price targets upward after Popular’s fourth-quarter reporting, citing improved earnings dynamics and the bank’s capital strength. Keefe, Bruyette & Woods also raised its 2027 earnings estimate by 4% relative to its prior forecast.
All figures and descriptions above are reported as disclosed in the transaction and subsequent analyst commentary.