Banco Santander, S.A., 10% Owner at SOVEREIGN BANCORP INC (SOV), bought 356,890 shares at $8.70 ($3.1M) on 2008-06-09, disclosed to the SEC on 2008-07-23.
Open-market purchase of $3.1M 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 | $8.68 | 1,900 | $16K | 0.5% |
| 2 | $8.69 | 29,195 | $254K | 8.1% |
| 3 | $8.70 | 24,158 | $210K | 6.7% |
| 4 | $8.71 | 26,892 | $234K | 7.5% |
| 5 | $8.72 | 24,945 | $218K | 6.9% |
| 6 | $8.73 | 14,167 |
| $124K |
| 3.9% |
| 7 | $8.74 | 31,133 | $272K | 8.7% |
| 8 | $8.75 | 16,500 | $144K | 4.6% |
| 9 | $8.76 | 7,025 | $62K | 2.0% |
| 10 | $8.77 | 5,200 | $46K | 1.5% |
| 11 | $8.78 | 6,107 | $54K | 1.7% |
| 12 | $8.80 | 14,300 | $126K | 4.0% |
| 13 | $8.81 | 6,400 | $56K | 1.8% |
| 14 | $8.82 | 17,595 | $155K | 5.0% |
| 15 | $8.83 | 18,240 | $161K | 5.1% |
| 16 | $8.84 | 57,370 | $507K | 16.2% |
| 17 | $8.85 | 26,763 | $237K | 7.6% |
| 18 | $8.86 | 2,600 | $23K | 0.7% |
| 19 | $8.87 | 6,863 | $61K | 1.9% |
| 20 | $8.88 | 9,437 | $84K | 2.7% |
| 21 | $8.89 | 500 | $4K | 0.1% |
| 22 | $8.90 | 5,700 | $51K | 1.6% |
| 23 | $8.91 | 3,900 | $35K | 1.1% |
| Total | $8.78 avg | 356,890 | $3.1M | 100% |
| Filing → |
| SOV | BUY | 2008-11-13 | $3.7M | — | Filing → |
| SOV | BUY | 2008-07-23 | $3.7M | — | Filing → |
| SOV | BUY | 2008-07-23 | $105K | — | Filing → |