Banco Bradesco Executive Buys 79,782 Shares for $1.4 Million. Is the Brazilian Bank a Buy?
Oswaldo Tadeu Fernandes raised his direct stake by 30%, signaling confidence in the Brazilian financial giant. The purchase occurred at $17.98 per share on a weighted-average basis.
Overview
Oswaldo Tadeu Fernandes, an Executive Officer at Banco Bradesco S.A. (NYSE:BBD), reported a direct purchase of 79,782 shares of the company's preference shares on Sept. 18, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($17.98); post-transaction value based on Sept. 18, 2026 market close ($3.43).
Details
Banco Bradesco S.A. is one of Brazil's largest financial institutions, with approximately 82,095 employees and a market capitalization of $37.2 billion. The company leverages its dual Banking and Insurance divisions to deliver integrated financial solutions across retail and institutional markets, maintaining a competitive position through its extensive branch network and diversified service offerings in Brazil and internationally.
Source
Originally published at www.fool.com.