North Reef Capital Sells $103 Million Stake in Stellar Bancorp Despite 37% Share Price Rally
On May 15, 2026, North Reef Capital Management disclosed the sale of its entire position in Stellar Bancorp (STEL), valued at approximately $103.1 million based on quarterly average pricing. The move comes despite a 37% rally in STEL's share price over the past year.
Tickers: $STEL
Topics: banking investment_funds stock_sales