Banco Santander, S.A., 10% Owner at SOVEREIGN BANCORP INC (SOV), bought 400,000 shares at $9.12 ($3.7M) on 2008-06-05, disclosed to the SEC on 2008-07-23.
Open-market purchase of $3.7M SOV by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.01 | 800 | $7K | 0.2% |
| 2 | $9.02 | 1,800 | $16K | 0.4% |
| 3 | $9.03 | 1,000 | $9K | 0.2% |
| 4 | $9.04 | 2,100 | $19K | 0.5% |
| 5 | $9.05 | 4,700 | $43K | 1.2% |
| 6 | $9.06 | 1,200 |
| $11K |
| 0.3% |
| 7 | $9.07 | 200 | $2K | 0.0% |
| 8 | $9.08 | 1,600 | $15K | 0.4% |
| 9 | $9.09 | 5,500 | $50K | 1.4% |
| 10 | $9.10 | 4,400 | $40K | 1.1% |
| 11 | $9.11 | 7,900 | $72K | 2.0% |
| 12 | $9.12 | 3,596 | $33K | 0.9% |
| 13 | $9.13 | 9,000 | $82K | 2.2% |
| 14 | $9.14 | 16,500 | $151K | 4.1% |
| 15 | $9.15 | 21,100 | $193K | 5.2% |
| 16 | $9.16 | 15,504 | $142K | 3.9% |
| 17 | $9.17 | 25,900 | $238K | 6.5% |
| 18 | $9.18 | 30,836 | $283K | 7.7% |
| 19 | $9.19 | 11,000 | $101K | 2.7% |
| 20 | $9.20 | 60,000 | $552K | 15.0% |
| 21 | $9.21 | 40,864 | $376K | 10.2% |
| 22 | $9.22 | 18,600 | $171K | 4.7% |
| 23 | $9.23 | 9,700 | $90K | 2.4% |
| 24 | $9.24 | 30,786 | $284K | 7.7% |
| 25 | $9.25 | 17,414 | $161K | 4.4% |
| 26 | $9.26 | 27,000 | $250K | 6.8% |
| 27 | $9.27 | 14,000 | $130K | 3.5% |
| 28 | $9.28 | 3,500 | $32K | 0.9% |
| 29 | $9.29 | 13,500 | $125K | 3.4% |
| Total | $9.20 avg | 400,000 | $3.7M | 100% |
| Filing → |
| SOV | BUY | 2008-11-13 | $3.7M | — | Filing → |
| SOV | BUY | 2008-07-23 | $4.3M | — | Filing → |
| SOV | BUY | 2008-07-23 | $6.3M | — | Filing → |