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Insider Cluster (2 insiders) ·Filed Sep 21, 2026

BBD

BANK BRADESCO
BULLISH
Impact 6/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $1.8M total
Actionable Insight ▲ Bullish

The cluster buy by both an executive officer and a director on the same day is a rare and strong signal of confidence. Monitor for any upcoming earnings release or strategic announcement that may have prompted the purchases.

DirectionBullish
Confidencehigh
Horizonweeks
Latest settled — T+20d ⚠ clustered
BBD ▲ +16.46% at T+20d
LONG call ✓ call won +16.46% · α vs SPY +17.02% · entry $3.50 → $4.08
Next anchor: T+60d in 7w
Latest observation: T+23 +15.14% FF3 residual α
Entry = T+0 close
Sep 21, 2026
via day close
T+1d
-3.08%
call -3.08% · α -2.36%
$3.40
settled 5w ago
T+5d
-5.88%
call -5.88% · α -4.70%
$3.30
settled 28d ago
T+20d
+16.46%
call +16.46% · α +17.02%
$4.08
settled 7d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Two BBD insiders, an executive officer and a director, made open-market purchases totaling $1.85M on September 18, 2026. This is a material cluster buy relative to the company's market cap, representing a strong bullish signal from management.

Key Financial Metrics

Direction
buying
Total Value
$1.9M
Insiders
2

Key Facts

  • Executive Officer Pedras Carlos Henrique Villela purchased 55.9K shares for $1.00M at $17.98/share.
  • Director da Cunha Paulo Roberto Simoes purchased 46.9K shares for $843K at $17.98/share.
  • Total insider buying of $1.85M represents a significant cluster buy, well above the $100K officer threshold.
  • All purchases were open-market (code P) with no indication of a 10b5-1 plan.

Financial Impact

$1.85M in insider purchases, likely 0.1-0.5% of market cap (modest but notable for a large-cap Brazilian bank).

insider ownershipmarket confidence

Risk Factors

  • Insider purchases do not guarantee short-term stock performance; macro or Brazil-specific risks could offset.

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BBD-1790057795224
20 reports for BBD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for BBD — sortable, filterable
TypeNow
Oct 23, 2026
3d ago
6-K
BULLISH ★ 6/10
$3.91awaiting T+20—$2.85 (−27.11%)
Oct 23, 2026
3d ago
6-K
NEUTRAL ★ 5/10
$3.91awaiting T+20—$2.85 (−27.02%)
Oct 23, 2026
3d ago
6-K
NEUTRAL ★ 5/10
$3.90awaiting T+20—$2.85 (−26.83%)
Oct 22, 2026
3d ago
6-K
NEUTRAL ★ 3/10
$3.91awaiting T+20—$2.85 (−27.11%)
Oct 15, 2026
10d ago
6-K
NEUTRAL ★ 2/10
$4.03awaiting T+20—$2.85 (−29.28%)
Oct 15, 2026
11d ago
Insider Cluster
BULLISH ★ 7/10
$4.03awaiting T+20—$2.85 (−29.28%)
Oct 13, 2026
12d ago
6-K
NEUTRAL ★ 4/10
$4.14awaiting T+20—$2.85 (−31.16%)
Oct 8, 2026
17d ago
6-K
NEUTRAL ★ 3/10
$4.22awaiting T+20—$2.85 (−32.53%)
Oct 5, 2026
21d ago
Insider Cluster
BULLISH ★ 4/10
$4.25awaiting T+20—$2.85 (−33.00%)
Oct 5, 2026
21d ago
Insider Cluster
BULLISH ★ 4/10
$4.25awaiting T+20—$2.85 (−33.00%)
Showing 10 of 20

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Report published Sep 21, 2026