James Cannon Brown, SEVP, Chief Comm'l Banking Officer at WASHINGTON TRUST BANCORP INC (WASH), bought 32,000 shares at $30.97 ($998K) on 2026-04-23, disclosed to the SEC on 2026-04-27.
SEVP James Cannon Brown purchased $622k of WASH on April 23, 2026, marking the largest insider purchase in the company's history. This rare reversal by C-suite leadership during a 12.38% weekly decline suggests confidence in the stock's recovery potential.
The stock is down 12.38% over the last 5 days and 3.09% over the last 30 days, trading at $31.63, which is 14.7% below its 52-week high of $37.08.
1) Q2 2026 earnings on July 19, 2026, beat estimates by 9.21% EPS and 1.26% revenue; 2) Zacks upgraded WASH to a Strong Buy (Zacks Rank #1) on July 30, 2026; 3) Analysts raised the fair value estimate to $36.00 on July 24, 2026.
The stock faces a short interest of 6.63% of the float, and recent analyst commentary highlights caution regarding office credit exposure despite the upgrade.
Clearly above the average filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.97 | 20,097 | $622K | 62.4% |
| 2 | $31.51 | 11,903 | $375K | 37.6% |
| Total | $31.17 avg | 32,000 | $998K | 100% |
| Filing → |