Eastern Bankshares Inc
NASDAQ:EBC
During the last 3 months Eastern Bankshares Inc insiders bought 154k USD , and have not sold any shares. The stock price has dropped by 14% over this period (open performance analysis).
The last transaction was made on
Mar 11, 2025
by
Rosato R David
(Executive Vice President and Chief Financial Officer)
, who
bought
154k USD
worth of EBC shares.
During the last 3 months Eastern Bankshares Inc insiders bought 154k USD , and have not sold any shares. The stock price has dropped by 14% over this period (open performance analysis).
The last transaction was made on
Mar 11, 2025
by
Rosato R David
(Executive Vice President and Chief Financial Officer)
, who
bought
154k USD
worth of EBC shares.
Eastern Bankshares Inc
Glance View
Eastern Bankshares Inc., a legacy etched over two centuries, embodies a journey from its humble Massachusetts roots in 1818 to becoming a formidable force in New England’s financial landscape. This storied institution, forged with a commitment to community and customer-focused banking, has long been a bedrock for its regional economy. Emerging from its historic affiliation to Eastern Bank, the largest and oldest mutual bank in the United States, Eastern Bankshares transitioned to a publicly traded entity in 2020, spotlighting its ambition for expansion and operational agility in a rapidly evolving banking sector. This conversion not only galvanized its capital foundation but also signaled a bold, new phase of growth and competition. Central to Eastern Bankshares' operational blueprint is its extensive suite of financial services, which extends beyond traditional banking into insurance and wealth management. The company garners revenue predominantly through interest income by leveraging a robust loan portfolio that includes real estate, commercial, and small business segments. Concurrently, its non-interest income, bolstered by a diverse array of services such as treasury management, investment advisory, and insurance brokerage, provides a resilient counterbalance to the cyclical nature of interest-based revenues. Capitalizing on its deep community ties and technological investments, Eastern Bankshares is strategically positioned to bridge the old and new, maintaining its core values while innovating to meet the dynamic needs of its customer base.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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