Two noteworthy insider buys were reported recently. CEO Denis K. Sheahan purchased 29,762 shares of Eastern Bankshares (EBC) at $16.71 each, totaling $497,323. Sheahan’s purchase resulted in a 2.1% increase, with EBC reaching $17.06 on Wednesday. Loretta D. Keane bought $249,739 worth of Eversource Energy, acquiring 3,780 shares at $66.07 each. Eversource Energy is up 0.9% on Wednesday, trading as low as $64.52, 2.3% below Keane’s purchase price. This marks Sheahan’s first insider buy in a year. Investors can explore these insider moves for potential investment opportunities.
Read more at Nasdaq: Wednesday 8/27 Insider Buying Report: EBC, ES
