Mclaughlin Buys Shares of Burke & Herbert Financial Services
Insider Mclaughlin purchased 1,000 shares of BHRB on June 19, 2026.
Key Points
- Shawn Patrick Mclaughlin bought 1,000 shares of Burke & Herbert Financial Services Corp. on June 19, 2026.
- Shares of BHRB traded at $65.51 with a market cap of $1.32 billion and a P/E ratio of 8.49.
- Analysts have set price targets between $70.00 and $75.00 for BHRB, with a consensus target of $73.25.
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On June 19, 2026, insider Shawn Patrick Mclaughlin bought 1,000 shares of Burke & Herbert Financial Services Corp. (NasdaqCM: BHRB). This transaction was not part of a prearranged 10b5-1 plan. The shares traded at $65.51 on Tuesday.
Insider Buying and Selling at Burke & Herbert Financial Services Corp.
Several insiders, including Diane Poillon, Kristen Snyder, James Mason Burke, Georgette George, and Julian Forrest Barnwell Jr., joined Shawn Patrick Mclaughlin in purchasing 1,000 shares each on the same day. These transactions were also not part of any prearranged plans.
Other Institutional Activity in Burke & Herbert Financial Services
BlackRock, Inc. increased its holdings by 2,510 shares, reaching a total of 982,759 shares valued at approximately $61.2 million. Vanguard Capital Management LLC opened a new position with 562,215 shares worth about $35 million. State Street Corp expanded its stake by 43,023 shares, bringing its total to 403,868 shares valued at $25.2 million, marking an 11.9% increase. Geode Capital Management, LLC added 8,936 shares, ending with 379,643 shares worth around $23.7 million, reflecting a 2.4% increase. Dimensional Fund Advisors LP grew its position by 49,957 shares, totaling 367,948 shares valued at $22.9 million, showing a 15.7% increase.
Burke & Herbert Financial Services Corp. Stock Down 8.7%
Shares of NasdaqCM: BHRB traded at $65.51 on Tuesday. Burke & Herbert Financial Services Corp. has a market capitalization of approximately $1.32 billion and a P/E ratio of 8.49. With a beta of 0.25, the stock has seen a 52-week low of $55.83 and a high of $70.90. The stock's 50-day moving average is $64.20, while the 200-day moving average is $63.66.
$BHRB stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 15, 2026, Freedom Broker upgraded the stock to a 'buy' rating with a price target of $74.00. DA Davidson maintained a 'hold' rating with a $70.00 target on April 27, 2026. The consensus among analysts is a 'buy' recommendation with an average target price of $73.25, based on four analyst opinions.
About Burke & Herbert Financial Services
Burke & Herbert Financial Services Corp. is a bank holding company for Burke & Herbert Bank & Trust Company, based in Alexandria, Virginia. Founded in 1852, the company offers a range of financial services, including consumer and commercial deposit products, loans, and wealth management. It operates primarily in the regional banking sector, serving individuals and businesses with digital banking options and treasury management solutions.
Bottom Line
The recent insider buying activity at Burke & Herbert Financial Services Corp. suggests confidence in the company's prospects. With a solid market position and analyst support, BHRB remains a stock to watch. Remember, insider transactions are disclosed after they occur, and this information may not reflect the current status of the insider's holdings.
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