Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $14.85 in the prior trading day, Eastern Bankshares Inc (NASDAQ: EBC) closed at $14.97, up 0.81%. In other words, the price has increased by $0.81 from its previous closing price. On the day, 2.45 million shares were traded.
Ratios:
Our goal is to gain a better understanding of EBC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 Mar 11 ’25 when Rosato R David bought 10,000 shares for $15.40 per share. The transaction valued at 154,000 led to the insider holds 20,000 shares of the business.
Jackson Deborah C sold 5,713 shares of EBC for $106,033 on Dec 02 ’24. The Director now owns 67,284 shares after completing the transaction at $18.56 per share. On Dec 02 ’24, another insider, Borgen Luis, who serves as the Director of the company, sold 12,419 shares for $18.56 each. As a result, the insider received 230,497 and left with 29,535 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.68 while its Price-to-Book (P/B) ratio in mrq is 0.88.
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 $12.54. The 50-Day Moving Average of the stock is -7.15%, while the 200-Day Moving Average is calculated to be -10.92%.
Shares Statistics:
A total of 211.60M shares are outstanding, with a floating share count of 196.18M. Insiders hold about 8.11% of the company’s shares, while institutions hold 69.07% stake in the company.
