Banco Santander, S.A., 10% Owner at SOVEREIGN BANCORP INC (SOV), bought 11,700 shares at $9.08 ($105K) on 2008-06-06, disclosed to the SEC on 2008-07-23.
Open-market purchase of $105k 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 | $8.98 | 1,974 | $18K | 16.8% |
| 2 | $8.99 | 2,426 | $22K | 20.7% |
| 3 | $9.00 | 1,900 | $17K | 16.2% |
| 4 | $9.01 | 1,100 | $10K | 9.4% |
| 5 | $9.02 | 506 | $5K | 4.3% |
| 6 | $9.05 | 2,594 |
| $23K |
| 22.3% |
| 7 | $9.07 | 1,100 | $10K | 9.5% |
| 8 | $9.08 | 100 | $908 | 0.9% |
| Total | $9.01 avg | 11,700 | $105K | 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 → |