Northwest Bancshares (NWBI) Insider Marc Sells $31K of Stock
Chief Comm. Banking Officer Jacques Marc Desmarteau offloaded shares worth $31,276.80.
Reviewed by automated data checks against the source filing. How we make and check alerts
Desmarteau Jacques Marc, Chief Comm. Banking Officer at Northwest Bancshares, Inc. ($NWBI), sold 2,160 shares at an average price of $14.48, worth about $31,276.80, on June 22, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NWBI is up 3.3% after 1 week, up 5.1% after 1 month and up 3.6% to date (from the $14.41 close on Jun 22, 2026).
Key Points
- On June 22, 2026, Jacques Marc Desmarteau sold 2,160 shares of Northwest Bancshares, valued at $31,276.80.
- Northwest Bancshares, Inc. trades on the NasdaqGS as NWBI, with a market cap of $2.13 billion and a P/E ratio of 15.86.
- BlackRock, Inc. increased its holdings in Northwest Bancshares by 319,597 shares, ending with 20,873,826 shares worth $264.89 million.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Northwest Bancshares, Inc. alert may contain errors. Disclosures
On June 22, 2026, Jacques Marc Desmarteau, the Chief Commercial Banking Officer of Northwest Bancshares, Inc. (NasdaqGS: NWBI), sold 2,160 shares of the company. The shares were sold at an average price of $14.48, totaling $31,276.80. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Northwest Bancshares, Inc.
In addition to Desmarteau's transaction, other insiders at Northwest Bancshares have been active. Urich Bowers, Chief Consumer Banking and Strategy Officer, sold 1,589 shares on June 18, 2026, at $14.35 each. Meanwhile, on June 5, 2026, Chief Information Officer Steven Chad Ballard, along with David Tullio, Mark Paup, and Timothy Hunter, each acquired 4,053 shares, although the transaction price was not disclosed.
Other Institutional Activity in Northwest Bancshares
Several institutional investors adjusted their positions in Northwest Bancshares. BlackRock, Inc. increased its holdings by 319,597 shares, bringing its total to 20,873,826 shares valued at approximately $264.89 million. Dimensional Fund Advisors LP added 427,125 shares, raising its stake to 9,035,232 shares worth about $114.66 million, marking a 5.0% increase. State Street Corp also grew its position by 589,648 shares, ending with 8,908,027 shares valued at $113.04 million, a 7.1% increase. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, holding 8,856,791 shares and 6,500,864 shares, respectively.
Northwest Bancshares, Inc. Stock Down 2.7%
Shares of Northwest Bancshares traded near $14.84 on Wednesday. The company has a market capitalization of approximately $2.13 billion. It has a P/E ratio of 15.86 and a forward P/E of 10.11, indicating a relatively moderate valuation. The stock's 52-week range is between $11.25 and $14.93, with a 50-day moving average of $13.87 and a 200-day moving average of $12.78.
Recent Earnings
Northwest Bancshares reported revenue of $621.52 million, reflecting a growth rate of 15.1%. The company's net margin stands at 21.41%, with a return on equity of 7.53%. Earnings per share (EPS) is $0.92. The next earnings report is expected on July 28, 2026.
Dividend
The company offers an annual dividend rate of $0.80 per share, yielding 5.52%. The dividend payout ratio is 86.96%, indicating a substantial return to shareholders.
Analysts Set New Price Targets
DA Davidson and Keefe, Bruyette & Woods both maintained their hold ratings on Northwest Bancshares on April 29, 2026, with a price target of $15.00. Currently, the consensus among analysts suggests a hold rating with an average price target of $15.00, based on seven analyst opinions.
About Northwest Bancshares
Northwest Bancshares, Inc. is a financial services company headquartered in Columbus, Ohio. It operates as the bank holding company for Northwest Bank, offering a wide array of personal and commercial banking products. The company serves customers in Pennsylvania, New York, Ohio, and Indiana, providing services such as checking and savings accounts, loans, investment and cash management, and digital banking. Led by CEO Louis J. Torchio, Northwest Bancshares employs around 2,170 people.
Bottom Line
Jacques Marc Desmarteau's recent sale of Northwest Bancshares shares is a notable insider transaction. The stock, trading near its 52-week high, is closely watched by investors due to its stable financial performance and attractive dividend yield. Institutional interest remains strong, with several major funds adjusting their stakes. As always, insider transactions can provide insights into the company's dynamics, but investors should consider the broader financial picture.
Source: Desmarteau Jacques Marc's Form 4 filing on $NWBI (Jun 22, 2026). Find the original filing: NWBI Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
