Camden National (CAC)

• Market cap: $766M
• 1 day: -0.24%
• 5 days: 3.56%
• 1 month: 6.13%
• 3 months: 8.13%
• 6 months: 8.83%
• Year to date: 7.36%
• 1 year: 25.90%
• 5 years: -4.02%
• 10 years: 81.95%
• Sector: Financials
• Industry: National Commercial Banks

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 12

28% more capital invested

Capital invested by funds: $359M [Q2] → $460M (+$101M) [Q3]

8% more funds holding

Funds holding: 130 [Q2] → 141 (+11) [Q3]

1.87% more ownership

Funds ownership: 74.54% [Q2] → 76.4% (+1.87%) [Q3]

1% more call options, than puts

Call options by funds: $938K | Put options by funds: $926K

2% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 43

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50 10% upside
• Avg. target: $52 14% upside
• High target: $53 17% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Raymond James Steve Moss 88% 1-year accuracy 14 / 16 met price target	17% upside $53	Outperform Reiterated	29 Jan 2025
Keefe, Bruyette & Woods Damon Delmonte 56% 1-year accuracy 14 / 25 met price target	10% upside $50	Market Perform Maintained	29 Jan 2025