Paulo Rogerio Caffarelli, Director at BANK BRADESCO (BBD), bought 31,266 shares at $17.98 ($562K) on 2026-09-18, disclosed to the SEC on 2026-09-22.
Director Paulo Rogerio Caffarelli purchased 31,266 shares of Bank Bradesco for $562,162.68, marking the largest insider purchase in the company's history. This significant capital commitment suggests high conviction in the stock's value, particularly given the recent earnings beat.
The stock is trading at $3.52, a 13.0% increase over the last 30 days and 4.61% over the last 90 days, but remains down 17.85% from its 52-week high of $4.285.
Banco Bradesco reported Q2 2026 net income of BRL 7.1 billion, up 16.2% year-over-year and 3.5% from the prior quarter, with an ROAE of 16.2% that surpassed market expectations. The company is expanding crypto offerings for retail clients, with Itaú, Nubank, and Banco do Brasil selling more than a dozen tokens each as regulation takes hold.
Nu Holdings was cut to Market Perform on Brazil Credit Risk due to signals from Brazil's central bank regarding possible macroprudential measures. Additionally, Brazilian banks are growing more cautious on credit amid signs of household debt strain.
Something here stands out, but not much.