The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Eastern Bankshares Inc shares valued at $36,817 were sold by Borgen Luis on May 13 ’25. At $15.68 per share, Borgen Luis sold 2,348 shares. The insider’s holdings dropped to 27,187 shares worth approximately $0.43 million following the completion of this transaction.
Also, Borgen Luis sold 2,348 shares, netting a total of over 36,629 in proceeds. Following the sale of shares at $15.60 each, the insider now holds 29,011 shares.
Before that, LUIS BORGEN had added 4,696 shares to its account. In a trade valued at $73,539, the Director bought Eastern Bankshares Inc shares for $15.66 each.
Analysts at Seaport Research Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in mid September. As of January 31, 2023, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for EBC. Earlier on January 30, 2023, Janney downgraded its rating. Their new recommendation was “a Neutral” for EBC stock which previously was a “a Buy”.
Analyzing EBC Stock Performance
On last trading session,, Eastern Bankshares Inc [NASDAQ: EBC] plunged -0.38% to $15.68. The stock’s lowest price that day was $15.6, but it reached a high of $15.965 in the same session. During the last five days, there has been a drop of approximately -3.21%. Over the course of the year, Eastern Bankshares Inc shares have dropped approximately -7.11%.
Support And Resistance Levels for Eastern Bankshares Inc (EBC)
RSI (Relative Strength Index) is 48.99 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 rise in short interest on 2025-07-15 jumping by 88691.0 shares to 7.25 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 7.16 million shares. A jump of 1.22% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.07 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.07.
