Camden National Corporation (NASDAQ:CAC) EVP Joanne T. Campbell sold 2,271 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $44.05, for a total transaction of $100,037.55. Following the completion of the transaction, the executive vice president now owns 17,916 shares of the company’s stock, valued at approximately $789,199.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Camden National Corporation (CAC) opened at $45.48 on Friday. The company has a market cap of $705.67, a price-to-earnings ratio of 16.72 and a beta of 0.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.79 and a quick ratio of 0.79. Camden National Corporation has a 12 month low of $37.10 and a 12 month high of $47.41.

Several equities analysts have commented on the stock. Keefe, Bruyette & Woods downgraded shares of Camden National from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 1st. BidaskClub downgraded shares of Camden National from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th.

Large investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA grew its stake in shares of Camden National by 479.2% in the second quarter. BNP Paribas Arbitrage SA now owns 2,340 shares of the financial services provider’s stock worth $100,000 after acquiring an additional 1,936 shares in the last quarter. Atlantic Trust LLC acquired a new position in shares of Camden National in the second quarter worth $136,000. Legal & General Group Plc grew its stake in shares of Camden National by 4.2% in the second quarter. Legal & General Group Plc now owns 3,817 shares of the financial services provider’s stock worth $165,000 after acquiring an additional 153 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Camden National in the third quarter worth $208,000. Finally, Citigroup Inc. grew its stake in shares of Camden National by 696.7% during the second quarter. Citigroup Inc. now owns 4,772 shares of the financial services provider’s stock worth $205,000 after purchasing an additional 4,173 shares in the last quarter. Institutional investors and hedge funds own 63.42% of the company’s stock.

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About Camden National

Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiary, Camden National Bank (the Bank), is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers.

Insider Buying and Selling by Quarter for Camden National (NASDAQ:CAC)

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