BSBR Banco Santander (Brasil) S.A.

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 11, 2026 Processed 1d 16h ago
Insider cluster: 2 insiders, $400K total

Price Chart

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Executive Summary

CEO Mario Roberto Opice Leao executed a matched buy and sell of 75,000 shares each at $5.21 on June 8, 2026, resulting in zero net economic exposure change. Officer Vitor Ohtsuki sold 1,833 shares for ~$10K. The cluster's total net sell value of ~$10K is trivial relative to BSBR's $39.4B market cap (<0.0001%). This is a routine, non-informative cluster — the CEO's matched trade is likely a tax or estate planning move, and Ohtsuki's sale is negligible.

Key Financial Metrics

Direction
selling
Total Value
$10.0K
Insiders
2

Actionable Insight

No actionable signal from this cluster. The CEO's matched buy/sell is a wash, and Ohtsuki's sale is too small to interpret. Monitor for any material corporate events (earnings, dividend changes, regulatory actions) that could move BSBR, but this filing provides no edge.

Key Facts

  • CEO Leao sold 75,000 shares ($391K) and simultaneously bought 75,000 shares ($391K) on June 8 — net zero change in position.
  • Officer Ohtsuki sold 1,833 shares ($9,660) on June 9 — a de minimis amount.
  • Total net sell value across the cluster is ~$10K, or <0.0001% of BSBR's $39.4B market cap.
  • No open-market directional imbalance: the CEO's matched trade is non-informative, and the only net sell is trivial.

Financial Impact

Total net sell of ~$10K — economically negligible for a $39.4B market cap bank.

insider trading volume

Risk Factors

  • Historical performance on BSBR reports shows negative T+20 alpha (-8.21% avg) and 0% win rate — prior neutral calls have been followed by stock declines, suggesting broader macro or sector headwinds may be at play.
  • Brazilian bank sector risks (interest rate cycle, credit quality, political/regulatory changes) are not captured in this insider data.

Market Snapshot

Exchange
NYSE
Sector
Commercial Banks, NEC
Analyst Consensus
82% bullish (11 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BSBR-1781211912653
11 reports for BSBR
Performance horizon
Filters
Rows
Reports for BSBR — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Insider Cluster
NEUTRAL ★ 2/10
$5.38 awaiting T+1awaiting T+1$5.42 (+0.74%)
Jun 11, 2026
2d ago
Institutional Cluster
NEUTRAL ★ 3/10
$5.33 awaiting T+1awaiting T+1$5.42 (+1.69%)
Jun 2, 2026
10d ago
6-K
NEUTRAL ★ 2/10
$5.30 $5.35▲ +0.94%▲ +0.54%$5.42 (+2.26%)
Jun 2, 2026
10d ago
6-K
NEUTRAL ★ 2/10
$5.30 $5.35▲ +0.94%▲ +0.54%$5.42 (+2.26%)
Jun 2, 2026
10d ago
6-K
NEUTRAL ★ 2/10
$5.30 $5.35▲ +0.94%▲ +0.54%$5.42 (+2.26%)
May 8, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$5.70 $5.66▼ −0.70%▼ −0.57%$5.42 (−4.91%)
May 7, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$5.83 $5.70▼ −2.23%▼ −2.46%$5.42 (−7.03%)
Apr 29, 2026
6w ago
6-K
NEUTRAL ★ 2/10
$5.86 $5.80▼ −1.02%▼ −1.24%$5.42 (−7.51%)
Apr 29, 2026
6w ago
6-K
NEUTRAL ★ 2/10
$5.75 $5.86▲ +1.91%▲ +0.89%$5.42 (−5.74%)
Apr 28, 2026
6w ago
6-K
NEUTRAL ★ 2/10
$5.75 $5.86▲ +1.91%▲ +0.89%$5.42 (−5.74%)
Showing 10 of 11

US Market Status

Market Closed — Opens Mon (47h 34m)

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