A Director at Camden National Corp (CAC) is Buying Shares


Today, a Director at Camden National Corp (CAC), Soderberg Carl John, bought shares of CAC for $110.1K.

This recent transaction increases Soderberg Carl John’s holding in the company by 4.89% to a total of $2.34 million. In addition to Soderberg Carl John, one other CAC executive reported Buy trades in the last month.

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Based on Camden National Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $48.94 million and quarterly net profit of $14.02 million. In comparison, last year the company earned revenue of $44.93 million and had a net profit of $11.29 million. CAC’s market cap is $566.2M and the company has a P/E ratio of 15.82. Currently, Camden National Corp has an average volume of 17.62K.

In the last 30 days, insiders have sold $106K worth of CAC shares and purchased $110.1K worth of CAC shares.

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Camden National Corp. is a bank holding company, which through its bank subsidiary, engages in the provision of financial services to individuals and companies. Its services includes lending, checking, savings, and time deposits; cash management, brokerage, wealth management, and trust. The company was founded in 1984 and is headquartered in Camden, ME.

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