Banco Santander, S.A., 10% Owner at SOVEREIGN BANCORP INC (SOV), bought 488,300 shares at $8.66 ($4.3M) on 2008-06-06, disclosed to the SEC on 2008-07-23.
Open-market purchase of $4.3M 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 | $8.66 | 400 | $3K | 0.1% |
| 2 | $8.67 | 1,200 | $10K | 0.2% |
| 3 | $8.68 | 4,800 | $42K | 1.0% |
| 4 | $8.69 | 10,100 | $88K | 2.0% |
| 5 | $8.70 | 6,800 | $59K | 1.4% |
| 6 | $8.71 | 11,800 |
| $103K |
| 2.4% |
| 7 | $8.72 | 13,400 | $117K | 2.7% |
| 8 | $8.73 | 7,300 | $64K | 1.5% |
| 9 | $8.74 | 1,700 | $15K | 0.3% |
| 10 | $8.75 | 44,035 | $385K | 9.0% |
| 11 | $8.76 | 52,874 | $463K | 10.8% |
| 12 | $8.77 | 44,591 | $391K | 9.1% |
| 13 | $8.78 | 39,000 | $342K | 8.0% |
| 14 | $8.79 | 18,500 | $163K | 3.8% |
| 15 | $8.80 | 42,600 | $375K | 8.7% |
| 16 | $8.81 | 45,600 | $402K | 9.4% |
| 17 | $8.82 | 25,400 | $224K | 5.2% |
| 18 | $8.83 | 22,402 | $198K | 4.6% |
| 19 | $8.84 | 20,900 | $185K | 4.3% |
| 20 | $8.85 | 14,700 | $130K | 3.0% |
| 21 | $8.86 | 13,208 | $117K | 2.7% |
| 22 | $8.87 | 5,992 | $53K | 1.2% |
| 23 | $8.88 | 6,498 | $58K | 1.3% |
| 24 | $8.89 | 6,409 | $57K | 1.3% |
| 25 | $8.90 | 10,291 | $92K | 2.1% |
| 26 | $8.91 | 3,100 | $28K | 0.6% |
| 27 | $8.92 | 600 | $5K | 0.1% |
| 28 | $8.94 | 1,000 | $9K | 0.2% |
| 29 | $8.96 | 4,000 | $36K | 0.8% |
| 30 | $8.97 | 9,100 | $82K | 1.9% |
| Total | $8.79 avg | 488,300 | $4.3M | 100% |
| Filing → |
| SOV | BUY | 2008-11-13 | $3.7M | — | Filing → |
| SOV | BUY | 2008-07-23 | $3.7M | — | Filing → |
| SOV | BUY | 2008-07-23 | $6.3M | — | Filing → |