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Luis Borgen, insider at Eastern Bankshares

Luis Borgen Insider Information

Director of Eastern Bankshares
Luis A. Borgen is on the board of Synopsys, Inc., Carter's, Inc., Color Health, Inc. and Eastern Bankshares, Inc.

In his past career he was Senior Vice President-Finance at Staples, Inc., Chief Financial Officer at DaVita, Inc., Chief Financial Officer of athenahealth Inc, Chief Financial Officer at DAVIDsTEA, Inc. and Chief Financial Officer of Vistaprint BV.

Mr. Borgen received an undergraduate degree from United States Air Force Academy, a graduate degree from Boston College and an MBA from The University of Chicago Booth School of Business.

What is Luis Borgen's net worth?

The estimated net worth of Luis Borgen is at least $1.88 million as of August 3rd, 2022. Borgen owns 89,965 shares of Eastern Bankshares stock worth more than $1,883,867 as of August 15th. This net worth evaluation does not reflect any other investments that Borgen may own. Learn More about Luis Borgen's net worth.

How do I contact Luis Borgen?

The corporate mailing address for Borgen and other Eastern Bankshares executives is , , . Eastern Bankshares can also be reached via phone at 800-327-8376 and via email at [email protected] Learn More on Luis Borgen's contact information.

Has Luis Borgen been buying or selling shares of Eastern Bankshares?

During the last quarter, Luis Borgen has sold $582,644.40 in shares of Eastern Bankshares stock. Most recently, Luis Borgen sold 28,730 shares of the business's stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $20.28, for a transaction totalling $582,644.40. Following the completion of the sale, the director now directly owns 89,965 shares of the company's stock, valued at $1,824,490.20. Learn More on Luis Borgen's trading history.

Who are Eastern Bankshares' active insiders?

Eastern Bankshares' insider roster includes Luis Borgen (Director), Bari Harlam (Director), and Greg Shell, Sr. (Director). Learn More on Eastern Bankshares' active insiders.

Are insiders buying or selling shares of Eastern Bankshares?

During the last twelve months, insiders at the sold shares 5 times. They sold a total of 160,000 shares worth more than $3,249,688.10. The most recent insider tranaction occured on August, 3rd when Director Luis Borgen sold 28,730 shares worth more than $582,644.40. Insiders at Eastern Bankshares own 1.4 % of the company. Learn More about insider trades at Eastern Bankshares.

Information on this page was last updated on 8/3/2022.

Luis Borgen Insider Trading History at Eastern Bankshares

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/3/2022Sell28,730$20.28$582,644.4089,965View SEC Filing Icon  
3/14/2022Sell46,270$20.31$939,743.70View SEC Filing Icon  
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Luis Borgen Buying and Selling Activity at Eastern Bankshares

This chart shows Luis Borgen's buying and selling at Eastern Bankshares by year and by quarter.

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Eastern Bankshares Company Overview

Eastern Bankshares logo
Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and time certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, small business loans, residential real estate loans, home equity, and lines of credit, as well as other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, retirement planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; online, mobile, and telephone banking services; and automated lock box collection and account reconciliation services, as well as various insurance products. As of December 31, 2021, the company operated 105 branch offices in eastern Massachusetts and southern New Hampshire; and 23 non-branch offices in eastern Massachusetts, one office in New Hampshire, and one office in Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $21.01
Low: $20.70
High: $21.02

50 Day Range

MA: $19.32
Low: $18.17
High: $20.94

2 Week Range

Now: $21.01
Low: $17.98
High: $22.35

Volume

418,994 shs

Average Volume

730,196 shs

Market Capitalization

$3.75 billion

P/E Ratio

20.40

Dividend Yield

1.91%

Beta

0.97
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