Alexandre Guimaraes Soares Sells 35,443 Shares of Banco Santander Brasil (NYSE:BSBR) Stock

Banco Santander Brasil SA (NYSE:BSBR) insider Alexandre Guimaraes Soares sold 35,443 shares of Banco Santander Brasil stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $5.92, for a total value of $209,822.56. Following the sale, the insider directly owned 29,286 shares of the company’s stock, valued at approximately $173,373.12. This trade represents a 54.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Banco Santander Brasil Stock Up 0.2%

BSBR stock opened at $6.36 on Friday. Banco Santander Brasil SA has a 1-year low of $4.62 and a 1-year high of $7.32. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 3.15. The business’s 50-day moving average price is $6.24 and its two-hundred day moving average price is $6.12.

Banco Santander Brasil Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Monday, May 18th. Shareholders of record on Thursday, April 23rd will be paid a $0.1064 dividend. The ex-dividend date of this dividend is Thursday, April 23rd.

Key Stories Impacting Banco Santander Brasil

Here are the key news stories impacting Banco Santander Brasil this week:

• Positive Sentiment: Company announced a special dividend of $0.1064 per ADS payable May 18 to holders of record April 23 (ex-dividend April 23) — a near-term cash return that can support the share price. MarketBeat article
• Positive Sentiment: Wall Street Zen upgraded BSBR from Buy to Strong-Buy (March 27), which could attract buyers if investors follow that research. Wall Street Zen upgrade
• Neutral Sentiment: Analyst coverage is mixed: Weiss Ratings cut BSBR to Hold while coverage overall averages to a “Hold” rating — this produces balanced pressure rather than a clear directional catalyst. Weiss Ratings
• Neutral Sentiment: Institutional moves show small-scale repositioning: several funds added or trimmed modest stakes in recent quarters (institutional ownership ~14.5%), which is not a large directional change.
• Negative Sentiment: Multiple insiders executed sizable stock sales in March (timing/pricing near $5.79–$5.95): Jean Paulo Kambourakis sold 36,721 shares (~$216k), cutting his stake by ~53.7%. SEC filing
• Negative Sentiment: Ana Paula Vitali Janes Vescovi sold 38,000 shares (~$220k) on March 19, trimming her holding by ~52.8%. SEC filing
• Negative Sentiment: Alexandre Guimaraes Soares sold 35,443 shares (~$210k) on March 19, a ~54.8% reduction. SEC filing
• Negative Sentiment: Other insider disposals include Alexandre Teixeira De Araujo (20,156 shares), VP Cezar Augusto Janikian (17,000 shares), Eduardo Alvarez Garrido (16,500 shares) and Michele Soares Ishii (12,000 shares); these aggregated sales raise governance/insider-confidence questions for some investors. Sample SEC filing

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BSBR shares. Weiss Ratings cut Banco Santander Brasil from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. Wall Street Zen raised Banco Santander Brasil from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSBR. Royal Bank of Canada lifted its holdings in shares of Banco Santander Brasil by 288.1% in the fourth quarter. Royal Bank of Canada now owns 5,038 shares of the bank’s stock valued at $31,000 after purchasing an additional 3,740 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Banco Santander Brasil during the fourth quarter worth about $36,000. Cubist Systematic Strategies LLC acquired a new position in shares of Banco Santander Brasil during the first quarter worth about $46,000. Tuttle Capital Management LLC acquired a new position in shares of Banco Santander Brasil during the fourth quarter worth about $66,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Banco Santander Brasil during the fourth quarter worth about $76,000. 14.53% of the stock is owned by institutional investors and hedge funds.

About Banco Santander Brasil

Banco Santander Brasil SA is the Brazilian unit of Spain-based Grupo Santander and one of the country’s major commercial banks. Headquartered in São Paulo, the bank serves a broad client base across Brazil through an integrated network of branches, ATMs and digital channels. Its shares are represented abroad via American Depositary Shares listed on the New York Stock Exchange under the ticker BSBR.

The bank offers a full range of financial products and services for retail, small and medium-sized enterprises, and corporate clients.