Grupo Cibest (CIB) Insider Ricardo Buys $2.2K of Stock
Ricardo Jaramillo Mejia purchased 283 shares of CIB at $7.90 per share.
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Jaramillo Mejia Ricardo bought 283 shares of Grupo Cibest S.A. ($CIB) at an average price of $7.90, worth about $2,235.70, on June 17, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $CIB is down 0.8% after 1 week, up 2.3% after 1 month and up 28.5% to date (from the $76.17 close on Jun 17, 2026).
CIB
Grupo Cibest S.A.
Key Points
- Jaramillo Mejia Ricardo bought 283 shares of CIB at $7.90 each on June 17, 2026, for a total of $2,235.70.
- Shares of CIB traded near $81.45 on Monday, with major institutional activity from Earnest Partners and BlackRock.
- Analyst firms like B of A Securities and JP Morgan have recently set price targets for CIB, with ratings mostly holding steady.
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Jaramillo Mejia Ricardo made a move to buy shares of CIB, purchasing 283 shares at a price of $7.90 each on June 17, 2026. This transaction was not part of a pre-arranged trading plan and amounted to a total value of $2,235.70.
Other Institutional Activity in CIB
Several institutional investors made notable moves in CIB. Earnest Partners LLC trimmed its holdings by 84,541 shares, ending with approximately 2.61 million shares valued at about $190.3 million, marking a 3.1% decrease. In contrast, BlackRock, Inc. increased its position by 629,392 shares, bringing its total to roughly 2.09 million shares worth approximately $151.9 million, a 43.2% increase. Vanguard Capital Management LLC and Vanguard Fiduciary Trust Co both opened new positions, each with over 950,000 shares valued at significant amounts.
Insider Buying and Selling at Grupo Cibest S.A.
On June 17, 2026, several insiders, including Andres Felipe Mejia Cardona and Sylvia Escovar Gomez, purchased shares of CIB. Mejia Cardona acquired 855 shares, while Escovar Gomez bought 465 shares, both at $7.90 per share. Other insiders, like Silvina Vatnick and Luis Fernando Restrepo Echavarria, also participated in these transactions, each buying a few hundred shares.
Analysts Set New Price Targets
Analysts have been adjusting their views on CIB. On June 1, 2026, B of A Securities upgraded the stock to a hold rating with a price target of $75. JP Morgan maintained its hold rating with a target of $70 on May 18, 2026. Meanwhile, Itau BBA downgraded CIB to a sell with a target of $68 earlier this year.
Bottom Line
The insider buying activity by Jaramillo Mejia Ricardo and other executives at CIB suggests confidence in the company's prospects. Institutional investors are also actively adjusting their positions, with some increasing their stakes significantly. Analysts have mixed views, with recent upgrades and downgrades reflecting varying expectations. As always, remember that insider transactions and institutional filings are reported after the fact and may not reflect current positions.
Related Filing Alerts
Source: Jaramillo Mejia Ricardo's Form 4 filing on $CIB (Jun 17, 2026). Find the original filing: CIB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts