Eastern Bankshares Inc’s filing revealed that its Director LUIS BORGEN acquired Company’s shares for reported $73539.0 on May 13 ’25. In the deal valued at $15.66 per share,4,696 shares were bought.
Then, Rosato R David bought 10,000 shares, generating $154,000 in total proceeds. Upon buying the shares at $15.40, the Chief Financial Officer now owns 20,000 shares.
Before that, Jackson Deborah C sold 5,713 shares. Eastern Bankshares Inc shares valued at $106,033 were divested by the Director at a price of $18.56 per share. As a result of the transaction, Jackson Deborah C now holds 67,284 shares, worth roughly $1.06 million.
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 Tuesday, Eastern Bankshares Inc [NASDAQ:EBC] saw its stock jump 0.26% to $15.70. Over the last five days, the stock has gained 4.04%. Eastern Bankshares Inc shares have fallen nearly -8.99% 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 $12.66 was recorded on 04/07/25. SMA at 50 days reached $15.58, while 200 days put it at $16.76.
Levels Of Support And Resistance For EBC Stock
The 24-hour chart illustrates a support level at 15.58, which if violated will result in even more drops to 15.47. On the upside, there is a resistance level at 15.79. A further resistance level may holdings at 15.89. The Relative Strength Index (RSI) on the 14-day chart is 56.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.27%. Stochastics %K at 69.55% indicates the stock is a holding.
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.
