Soderberg Carl John Buys Shares of CAC
Soderberg Carl John purchased 308 shares of CAC on June 18, 2026, marking a significant insider buy.
Key Points
- Soderberg Carl John purchased 308 shares of CAC at $51.49 each, totaling $15,858.92 on June 18, 2026.
- CAC shares traded around $51.86 on Tuesday, with a market snapshot indicating active institutional interest.
- Analysts like Keefe, Bruyette & Woods maintain a hold rating, while Raymond James reiterates a buy with a $53 target.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Soderberg Carl John made a notable purchase of CAC shares on June 18, 2026. He bought 308 shares at an average price of $51.49, bringing the total value of the transaction to $15,858.92. This insider buy was not part of a pre-arranged trading plan.
Other Institutional Activity in CAC
Several institutional investors have adjusted their positions in CAC recently. BlackRock, Inc. trimmed its holdings by 2,666 shares, ending with 1,590,116 shares valued at about $75.5 million. Franklin Resources Inc added 7,863 shares, now holding 1,565,821 shares worth approximately $74.3 million. FMR LLC reduced its stake by 79,529 shares, maintaining 1,407,771 shares valued at $66.8 million. Dimensional Fund Advisors LP increased its position by 8,205 shares, totaling 830,350 shares worth $39.4 million. Meanwhile, Vanguard Capital Management LLC opened a new position with 762,693 shares valued at $36.2 million.
Camden National Corporation Stock Down 8.5%
Shares of CAC traded near $51.86 on Tuesday. The stock has witnessed active trading among institutions, reflecting interest in its market position. CAC's financial metrics and stock performance continue to attract attention from investors.
$CAC stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Camden National Corporation
Alongside Soderberg Carl John's purchase, other insiders were also active. On June 18, 2026, Rebecca Hatfield bought 170 shares, Raina Maxwell and Larry Haynes each acquired 279 shares, all at $51.49 per share. Earlier, on June 1, 2026, James Page and Marie McCarthy each bought 919 shares.
Analysts Set New Price Targets
Analysts have recently adjusted their views on CAC. On April 29, 2026, Keefe, Bruyette & Woods maintained a hold rating with a $50 price target. Raymond James reiterated a buy rating with a target of $53, indicating a positive outlook for the stock.
Bottom Line
Insider buying by Soderberg Carl John and other insiders suggests confidence in CAC's prospects. Institutional investors are actively managing their stakes, reflecting varied strategies and views on the company's future. Analysts provide a mix of hold and buy ratings, indicating cautious optimism. As always, insider and institutional activity offers valuable insights for market watchers, though these reports are backward-looking and may not reflect current positions.
Get Camden National Corporation alerts
New 13F filings, insider trades, and analyst moves on $CAC, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.