This insider cluster is too small to warrant a trading response. Monitor for any C-suite or board-level selling that exceeds 0.1% of market cap, which would be a more meaningful signal. The 73% analyst bullish consensus and strong institutional ownership provide no reason to read into these minor sales.
Price Chart
Executive Summary
Two non-C-suite officers at Banco Santander Brasil sold a combined $145K in open-market sales on August 25, 2026. This is a trivial amount relative to the $42.8B market cap (0.0003%), and both sellers are officers without specific designations, not C-suite executives. The cluster is too small in dollar terms and insider seniority to carry any informational signal — likely routine portfolio diversification or tax planning.
Key Financial Metrics
Key Facts
- Two officers sold a total of $145K in open-market sales on August 25, 2026
- Total sales represent 0.0003% of BSBR's $42.8B market cap
- Neither seller is a C-suite executive (both are 'Officer w/o Specific Desig')
- No insider buying activity in the cluster window
Financial Impact
Total insider sales of $145K, negligible relative to $42.8B market cap
Risk Factors
- Insider sales could accelerate if broader macro or Brazil-specific risks emerge
- No C-suite buying to offset the selling signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BSBR-1787900897461 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | Insider Cluster | $5.89 $5.57 | ▼ −5.43% | ▼ −5.10% | $5.36 (−8.91%) |
Sep 1, 2026 4w ago | Insider Cluster | $5.72 $5.57 | ▼ −2.62% | ▼ −2.73% | $5.36 (−6.21%) |
Aug 28, 2026 4w ago | Insider Cluster | $5.75 $5.68 | ▼ −1.22% | ▼ −1.03% | $5.36 (−6.70%) |
Aug 27, 2026 5w ago | Insider Cluster | $5.73 $5.71 | ▼ −0.35% | ▲ +0.16% | $5.36 (−6.37%) |
Aug 19, 2026 6w ago | 6-K | $5.57 $5.75 | ▲ +3.23% | ▲ +3.23% | $5.36 (−3.68%) |
Aug 19, 2026 6w ago | 6-K | $5.57 $5.75 | ▲ +3.23% | ▲ +3.23% | $5.36 (−3.68%) |
Aug 18, 2026 6w ago | Insider Cluster | $5.57 $5.95 | ▲ +6.82% | ▲ +8.77% | $5.36 (−3.68%) |
Aug 17, 2026 6w ago | 6-K | $5.60 $5.81 | ▲ +3.75% | ▲ +5.06% | $5.36 (−4.20%) |
Aug 14, 2026 6w ago | 425 | $5.71 $5.86 | ▲ +2.63% | ▲ +4.60% | $5.36 (−6.04%) |
Aug 14, 2026 6w ago | 425 | $5.71 $5.86 | ▲ +2.63% | ▲ +4.60% | $5.36 (−6.04%) |
US Market Status
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