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Eastern Bankshares Inc (NASDAQ: EBC) closed the day trading at $14.18 down -2.61% from the previous closing price of $14.56. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 2.66 million shares were traded.
Ratios:
For a better understanding of EBC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
On September 12, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16.
JP Morgan Downgraded its Neutral to Underweight on January 31, 2023, whereas the target price for the stock was revised from $19.50 to $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 13 ’25 when Borgen Luis sold 2,348 shares for $15.68 per share. The transaction valued at 36,817 led to the insider holds 27,187 shares of the business.
Borgen Luis sold 2,348 shares of EBC for $36,629 on May 20 ’25. The Director now owns 29,011 shares after completing the transaction at $15.60 per share. On May 13 ’25, another insider, LUIS BORGEN, who serves as the Director of the company, bought 4,696 shares for $15.66 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.45 while its Price-to-Book (P/B) ratio in mrq is 0.84.
Stock Price History:
Over the past 52 weeks, EBC has reached a high of $19.40, while it has fallen to a 52-week low of $12.85. The 50-Day Moving Average of the stock is -5.45%, while the 200-Day Moving Average is calculated to be -14.99%.
Shares Statistics:
A total of 211.56M shares are outstanding, with a floating share count of 193.91M. Insiders hold about 8.14% of the company’s shares, while institutions hold 68.02% stake in the company.