Banco Santander, S.A., 10% Owner at SOVEREIGN BANCORP INC (SOV), bought 1,500,000 shares at $8.69 ($12.9M) on 2008-06-11, disclosed to the SEC on 2008-07-23.
Open-market purchase of $12.9M 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 | $8.43 | 26,841 | $226K | 1.8% |
| 2 | $8.44 | 9,259 | $78K | 0.6% |
| 3 | $8.45 | 9,400 | $79K | 0.6% |
| 4 | $8.46 | 3,800 | $32K | 0.2% |
| 5 | $8.47 | 19,000 | $161K | 1.3% |
| 6 | $8.48 | 103,100 |
| $874K |
| 6.8% |
| 7 | $8.49 | 87,800 | $745K | 5.8% |
| 8 | $8.50 | 176,044 | $1.5M | 11.6% |
| 9 | $8.51 | 83,549 | $711K | 5.5% |
| 10 | $8.52 | 60,707 | $517K | 4.0% |
| 11 | $8.53 | 73,461 | $627K | 4.9% |
| 12 | $8.54 | 77,519 | $662K | 5.1% |
| 13 | $8.55 | 68,376 | $585K | 4.5% |
| 14 | $8.56 | 52,600 | $450K | 3.5% |
| 15 | $8.57 | 22,200 | $190K | 1.5% |
| 16 | $8.58 | 11,800 | $101K | 0.8% |
| 17 | $8.59 | 14,800 | $127K | 1.0% |
| 18 | $8.60 | 13,908 | $120K | 0.9% |
| 19 | $8.61 | 27,158 | $234K | 1.8% |
| 20 | $8.62 | 47,037 | $405K | 3.2% |
| 21 | $8.63 | 34,119 | $294K | 2.3% |
| 22 | $8.64 | 79,833 | $690K | 5.4% |
| 23 | $8.65 | 35,300 | $305K | 2.4% |
| 24 | $8.66 | 56,229 | $487K | 3.8% |
| 25 | $8.67 | 11,700 | $101K | 0.8% |
| 26 | $8.68 | 22,600 | $196K | 1.5% |
| 27 | $8.69 | 54,938 | $477K | 3.7% |
| 28 | $8.70 | 216,922 | $1.9M | 14.7% |
| Total | $8.57 avg | 1,500,000 | $12.9M | 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 → |