Insiders sold 23,969 shares of East West Bancorp stock worth $2.46 million last quarter, with corporate insiders owning 1.04% of the company. Hedge funds hold 89.53% of the stock, with significant purchases from firms like Quest Partners LLC and BNP Paribas Financial Markets. Analysts have given the company a "Moderate Buy" rating, with a price target averaging $109.17, while recent trading saw shares at $100.33.
Insiders sold 23,969 shares of East West Bancorp stock worth $2.46 million last quarter, with corporate insiders owning 1.04% of the company. Hedge funds hold 89.53% of the stock, with significant purchases from firms like Quest Partners LLC and BNP Paribas Financial Markets. Analysts maintain a "Moderate Buy" rating, with a price target averaging $109.17, while the stock recently traded at $100.33.
East West Bancorp, Inc. is a bank holding company that offers a wide range of banking services through its subsidiary, East West Bank. It operates in segments including Consumer and Business Banking, which provides various financial products, and Commercial Banking, focusing on commercial loans and deposits. The company has over 120 locations across the United States and Asia.
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