Nitin Mhatre Biography and Net Worth

Mr. Mhatre joined the Company as Chief Executive Officer and a director in January 2021. He was previously Executive Vice President, Community Banking at Webster Bank, where Mr. Mhatre was a member of Webster Bank's executive team and led its consumer and business banking businesses. Prior to joining Webster, he spent more than 13 years at Citi Group in various leadership roles across consumer-related businesses globally. Mr. Mhatre served on the Board of the Consumer Bankers Association headquartered in Washington D.C. since 2014 and was Chairman of the Board from 2019 to 2020. He also serves on the Board of Junior Achievement of Southwest New England headquartered in Hartford, CT.

What is Nitin J. Mhatre's net worth?: The estimated net worth of Nitin J. Mhatre is at least $1.35 million as of March 15th, 2023. Mr. Mhatre owns 53,430 shares of Berkshire Hills Bancorp stock worth more than $1,351,245 as of March 21st. This net worth evaluation does not reflect any other assets that Mr. Mhatre may own. Learn More about Nitin J. Mhatre's net worth.
How do I contact Nitin J. Mhatre?: The corporate mailing address for Mr. Mhatre and other Berkshire Hills Bancorp executives is 60 STATE STREET 38TH FLOOR, BOSTON MA, 02109. Berkshire Hills Bancorp can also be reached via phone at (617) 641-9206 and via email at [email protected] Learn More on Nitin J. Mhatre's contact information.
Has Nitin J. Mhatre been buying or selling shares of Berkshire Hills Bancorp?: Within the last three months, Nitin J. Mhatre has bought $96,018.00 in shares of Berkshire Hills Bancorp stock. Most recently, on Wednesday, March 15th, Nitin J. Mhatre bought 3,900 shares of Berkshire Hills Bancorp stock. The stock was acquired at an average cost of $24.62 per share, with a total value of $96,018.00. Following the completion of the transaction, the chief executive officer now directly owns 53,430 shares of the company's stock, valued at $1,315,446.60. Learn More on Nitin J. Mhatre's trading history.
Who are Berkshire Hills Bancorp's active insiders?: Berkshire Hills Bancorp's insider roster includes Subhadeep Basu (CFO), Rheo Brouillard (Director), David Brunelle (Director), Nitin Mhatre (CEO), Wm. Prescott (EVP), and Jason White (EVP). Learn More on Berkshire Hills Bancorp's active insiders.
Are insiders buying or selling shares of Berkshire Hills Bancorp?: In the last twelve months, Berkshire Hills Bancorp insiders bought shares 4 times. They purchased a total of 4,146 shares worth more than $102,416.50. In the last twelve months, insiders at the savings and loans company sold shares 1 times. They sold a total of 1,274,279 shares worth more than $31,474,691.30. The most recent insider tranaction occured on March, 15th when CEO Nitin J Mhatre bought 3,900 shares worth more than $96,018.00. Insiders at Berkshire Hills Bancorp own 0.9% of the company. Learn More about insider trades at Berkshire Hills Bancorp.
Information on this page was last updated on 3/15/2023.

Nitin J. Mhatre Insider Trading History at Berkshire Hills Bancorp

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/15/2023	Buy	3,900	$24.62	$96,018.00	53,430
1/25/2022	Buy	2,700	$29.48	$79,596.00
9/20/2021	Buy	1,420	$23.95	$34,009.00
9/13/2021	Buy	3,800	$24.64	$93,632.00	33,880
6/4/2021	Buy	1,080	$27.77	$29,991.60	30,080
5/26/2021	Buy	2,000	$26.20	$52,400.00	29,000
5/24/2021	Buy	2,000	$26.99	$53,980.00	25,000
5/7/2021	Buy	6,000	$24.53	$147,180.00	12,000
5/5/2021	Buy	6,000	$24.51	$147,060.00	6,000

Nitin J. Mhatre Buying and Selling Activity at Berkshire Hills Bancorp

Berkshire Hills Bancorp Company Overview

Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank and Berkshire Insurance Group, Inc. The firm offers deposit, lending, insurance, and wealth management products to retail and commercial customers in its market areas. It aims to expand and deepen market share and wallet share through organic growth and acquisition strategies. The company was founded in June 2000 and is headquartered in Boston, MA.

Today's Range

Now: $25.29

$25.14

$25.99

50 Day Range

MA: $29.07

$24.33

$31.40

2 Week Range

Now: $25.29

$23.04

$31.63

Volume

313,096 shs

Average Volume

331,465 shs

Market Capitalization

$1.12 billion

P/E Ratio

12.46

Dividend Yield

2.95%

Beta

Stocks Positioned For The Year

From PressReach | Ad

This breakthrough stock has bright future this decade.

Learn more today.