Dallas-based financial services firm Hilltop Holdings Inc. (NASDAQ: HTH) disclosed insider selling activity as director Rhodes R. Bobbitt reduced his position in the company.
Bobbitt disposed of 10,000 common shares at $38.80 per share, totaling approximately $388,000 in proceeds. The transactions occurred in two tranches: 5,000 shares on August 21, 2026, and another 5,000 shares on August 24, 2026. Following the sales, his direct beneficial ownership declined to 25,641 shares from 30,641 shares.
The insider activity follows Hilltop's second-quarter 2026 financial results, which exceeded analyst expectations. The company reported earnings per share of $0.63, surpassing Wall Street forecasts of $0.49—a 28.6% beat. Revenue reached $315.81 million, also outperforming the anticipated $307.39 million by 2.7%. The firm has raised its dividend for 10 consecutive years, currently yielding 2.29%.
Hilltop operates with a market capitalization of $2.22 billion and a price-to-earnings ratio of 14.25. Analysts at InvestingPro have flagged the stock as undervalued, while management has pursued aggressive share buybacks. The company's shares were trading at $38.51 on August 25, 2026, down $0.16 or 0.41% for the session.
