Eastern Bankshares Inc [EBC] stock for 86,985 USD was sold by Borgen Luis

Samantha Gray

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Eastern Bankshares Inc shares valued at $86,985 were sold by Borgen Luis on Dec 08 ’25. At $19.33 per share, Borgen Luis sold 4,500 shares. The insider’s holdings dropped to 20,011 shares worth approximately $0.39 million following the completion of this transaction.

Also, Borgen Luis sold 4,500 shares, netting a total of over 85,725 in proceeds. Following the sale of shares at $19.05 each, the insider now holds 24,511 shares.

Before that, LUIS BORGEN had added 9,000 shares to its account. In a trade valued at $169,470, the Director bought Eastern Bankshares Inc shares for $18.83 each.

As published in their initiating research note from TD Cowen on September 25, 2025, Eastern Bankshares Inc [EBC] has been a Buy and the price target has been revised to $23. As of September 12, 2023, Seaport Research Partners has initiated its “Buy” rating for EBC. Earlier on January 31, 2023, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for EBC stock which previously was a “a Neutral”.

Analyzing EBC Stock Performance

On last trading session, Eastern Bankshares Inc [NASDAQ: EBC] plunged -0.65% to $19.73. The stock’s lowest price that day was $19.71, but it reached a high of $20.19 in the same session. During the last five days, there has been a surge of approximately 4.34%. Over the course of the year, Eastern Bankshares Inc shares have jumped approximately 10.22%. Shares of the company reached a 52-week high of $20.19 on 12/11/25 and a 52-week low of $13.51 on 04/07/25.

Support And Resistance Levels for Eastern Bankshares Inc (EBC)

According to the 24-hour chart, there is a support level at 19.56, which, if violated, would cause prices to drop to 19.40. In the upper region, resistance lies at 20.04. The next price resistance is at 20.36. RSI (Relative Strength Index) is 66.57 on the 14-day chart, showing neutral technical sentiment.

Is Eastern Bankshares Inc subject to short interest?

Stocks of Eastern Bankshares Inc saw a sharp steep in short interest on 2025-11-28 dropping by -2.07 million shares to 8.69 million. Data from Yahoo Finance shows that the short interest on 2025-10-31 was 10.76 million shares. A decline of -23.82% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.03 of the overall float, the days-to-cover ratio (short ratio) decline to 3.03.

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