Eastern Bankshares Inc’s recently made public that its Director Borgen Luis unloaded Company’s shares for reported $36817.0 on May 13 ’25. In the deal valued at $15.68 per share,2,348 shares were sold. As a result of this transaction, Borgen Luis now holds 27,187 shares worth roughly $0.4 million.
Then, Borgen Luis sold 2,348 shares, generating $36,629 in total proceeds. Upon selling the shares at $15.60, the Director now owns 29,011 shares.
Before that, LUIS BORGEN bought 4,696 shares. Eastern Bankshares Inc shares valued at $73,539 were divested by the Director at a price of $15.66 per share.
A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. JP Morgan also remained covering EBC and has decreased its forecast on January 31, 2023 with a “an Underweight” recommendation from previously “Neutral” rating. Janney revised its rating on January 30, 2023. It rated EBC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of EBC
On Friday, Eastern Bankshares Inc [NASDAQ:EBC] saw its stock fall -3.37% to $14.62. Over the last five days, the stock has lost -2.08%. Eastern Bankshares Inc shares have fallen nearly -15.25% since the year began. Nevertheless, the stocks have risen 13.60% over the past one year. While a 52-week high of $19.40 was reached on 02/06/25, a 52-week low of $12.85 was recorded on 04/07/25.
Levels Of Support And Resistance For EBC Stock
The 24-hour chart illustrates a support level at 14.45, which if violated will result in even more drops to 14.28. On the upside, there is a resistance level at 14.94. A further resistance level may holdings at 15.26.
How much short interest is there in Eastern Bankshares Inc?
A steep rise in short interest was recorded in Eastern Bankshares Inc stocks on 2025-05-30, growing by 1.72 million shares to a total of 6.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 5.13 million shares. There was a rise of 25.1%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 16, 2021 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $25 price target.
