David Colter Buys Shares of BHB
David Colter purchased 20 shares of BHB on June 18, 2026.
Key Points
- David Colter bought 20 shares of BHB at $36.1 each, totaling $722 on June 18, 2026.
- BHB shares traded at $36.29 on Wednesday, with institutional investors like BlackRock increasing their stakes.
- Analysts from Piper Sandler maintain a buy rating with a $39 target, while Keefe, Bruyette & Woods hold at $34.
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David Colter purchased 20 shares of BHB on June 18, 2026, at an average price of $36.1 per share, totaling $722. This insider buying activity was disclosed without a planned trading strategy.
Other Institutional Activity in BHB
Several institutional investors have adjusted their positions in BHB. BlackRock, Inc. increased its holdings by 98,512 shares to a total of 1,393,265 shares, valued at approximately $45.2 million, marking a 7.6% increase. Dimensional Fund Advisors LP also grew its stake by 16,153 shares, bringing its total to 892,121 shares worth about $28.9 million, a 1.8% increase. Vanguard Capital Management LLC opened a new position with 735,909 shares valued at $23.9 million. Boston Partners significantly increased its holdings by 275,423 shares, ending with 421,783 shares valued at $13.7 million, reflecting a 188.2% rise. Meanwhile, Bar Harbor Wealth Management reduced its stake by 19,752 shares to 400,931 shares, valued at $13 million, a 4.7% decrease.
Insider Buying and Selling at Bar Harbor Bankshares
On June 18, 2026, several insiders at BHB engaged in buying activity. John Mogan Williams, Senior Vice President, purchased 81 shares at $36.25 per share. Curtis Simard, President and CEO, acquired 801 shares at the same price. Other insiders, including Brian Shaw, Matthew Caras, and Heather Jones, also bought shares, with transactions ranging from 20 to 125 shares each, all priced around $36.25.
Analysts Set New Price Targets
On April 22, 2026, Piper Sandler maintained its buy rating for BHB with a price target of $39. Earlier in the year, on January 23, Piper Sandler also maintained a buy rating with a slightly lower target of $38. Keefe, Bruyette & Woods have consistently held a hold rating, with their latest target set at $34 on October 23, 2025.
Bottom Line
Insider buying activity, such as David Colter's recent purchase, often attracts investor attention as a potential signal of confidence. Institutional movements, like those by BlackRock and Boston Partners, further highlight interest in BHB. Analysts' ratings, particularly Piper Sandler's buy recommendation, suggest varied expectations for the stock's future performance. As always, these insights are based on past activity and do not necessarily reflect current positions or future outcomes.
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