Camden NationalCAC
Market Cap: $550M
About: Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services.
Employees: 600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
10% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 40
4% more funds holding
Funds holding: 125 [Q1] → 130 (+5) [Q2]
1.6% more ownership
Funds ownership: 71.29% [Q1] → 72.89% (+1.6%) [Q2]
1% more capital invested
Capital invested by funds: $348M [Q1] → $351M (+$2.82M) [Q2]
77% less call options, than puts
Call options by funds: $3K | Put options by funds: $13K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stephens & Co. Matt Breese 80% 1-year accuracy 4 / 5 met price target | 11%upside $42 | Equal-Weight Maintained | 2 Aug 2024 |
Keefe, Bruyette & Woods Damon Delmonte 43% 1-year accuracy 6 / 14 met price target | 6%upside $40 | Market Perform Maintained | 1 Aug 2024 |