Raina Maxwell Buys Shares in CAC
Raina Maxwell acquired 279 shares of CAC, adding to recent insider buying activity.
Key Points
- Raina Maxwell bought 279 shares of CAC at $51.49 each on June 18, 2026, totaling $14,365.71.
- CAC shares traded near $51.86 on Tuesday, with active insider buying observed.
- BlackRock trimmed its CAC stake by 2,666 shares, while Vanguard opened a new position with 762,693 shares.
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Raina Maxwell purchased 279 shares of CAC on June 18, 2026, at an average price of $51.49 per share. This transaction was valued at $14,365.71 and was not part of a pre-planned trading program.
Insider Buying and Selling at Camden National Corporation
On the same day, other insiders including Rebecca Hatfield, Carl John Soderberg, and Larry Haynes also bought shares of CAC, each acquiring various amounts at the same price of $51.49. James Page and Marie McCarthy made earlier purchases on June 1, 2026, each acquiring 919 shares, though at a different price point.
Other Institutional Activity in CAC
BlackRock, Inc. decreased its holdings in CAC by 2,666 shares, ending with 1,590,116 shares worth about $75.5 million. Franklin Resources Inc. added 7,863 shares, growing its stake to 1,565,821 shares valued at approximately $74.3 million. Meanwhile, FMR LLC reduced its position by 79,529 shares, holding 1,407,771 shares valued at around $66.8 million. Dimensional Fund Advisors LP increased its holdings by 8,205 shares to 830,350 shares, valued at about $39.4 million. Vanguard Capital Management LLC opened a new position with 762,693 shares valued at $36.2 million.
Analysts Set New Price Targets
On April 29, 2026, Keefe, Bruyette & Woods maintained its 'hold' rating for CAC, setting a price target of $50. Stephens & Co. previously upgraded the stock to a 'buy' with a target of $44 on August 6, 2025. Raymond James reiterated a 'buy' rating with a $53 target on January 29, 2025.
Bottom Line
The insider buying activity at CAC, including Raina Maxwell's recent purchase, is noteworthy. Institutional investors have varied in their approaches, with some reducing and others initiating new positions. Analysts maintain mixed views, with some firms holding a cautious stance while others see potential for growth. Keep in mind that insider transactions are typically disclosed after the fact and may not reflect current positions.
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