BHRB Insider Riojas Jose David Buys 1,000 Shares
Multiple insiders, including Jose David Riojas, purchased shares of BHRB on June 19, 2026.
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Riojas Jose David bought 1,000 shares of Burke & Herbert Financial Services Corp. ($BHRB) on June 19, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $BHRB is up 8.9% after 1 week, up 8.3% after 1 month and up 7.2% to date (from the $65.02 close on Jun 18, 2026).
Key Points
- Jose David Riojas and several other insiders bought 1,000 shares each of BHRB on June 19, 2026.
- Shares of BHRB traded near $65.51 on Monday, reflecting recent insider interest.
- Analysts have set new price targets, with Freedom Broker upgrading BHRB to 'buy' with a $74 target.
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On June 19, 2026, insider Jose David Riojas purchased 1,000 shares of BHRB. This transaction, along with similar purchases by other insiders, highlights a notable insider buying activity. Shares of BHRB traded near $65.51 on Monday, following these transactions.
Insider Buying and Selling at Burke & Herbert Financial Services Corp.
On June 19, 2026, multiple insiders, including Jose David Riojas, Diane Poillon, Kristen Snyder, James Mason Burke, Georgette George, Julian Forrest Jr. Barnwell, and Shawn Patrick McLaughlin, each bought 1,000 shares of BHRB. These purchases were not made under a pre-planned trading program, indicating a direct decision to buy the stock.
Other Institutional Activity in BHRB
Several institutional investors have also been active in BHRB. BlackRock, Inc. increased its holdings by 2,510 shares, bringing its total to 982,759 shares worth about $61.2 million. Vanguard Capital Management LLC opened a new position with 562,215 shares valued at approximately $35 million. State Street Corp added 43,023 shares, raising its stake by 11.9% to 403,868 shares, valued at $25.2 million. Geode Capital Management, LLC grew its holdings by 8,936 shares, ending with 379,643 shares worth about $23.7 million. Dimensional Fund Advisors LP increased its position by 15.7%, adding 49,957 shares to reach a total of 367,948 shares valued at $22.9 million.
Analysts Set New Price Targets
On May 15, 2026, Freedom Broker upgraded BHRB to a 'buy' rating with a price target of $74. DA Davidson, on April 27, 2026, maintained its 'hold' rating and set a price target of $70. The consensus among analysts is a 'buy', with an average target price of $72.
Bottom Line
The recent insider buying activity at BHRB, along with institutional interest and updated analyst ratings, suggests a period of active engagement with the company's stock. Investors often track insider transactions and institutional moves as potential signals of confidence in the company's future. However, it's important to remember that these transactions and ratings are historical and do not necessarily predict future performance.
Source: Riojas Jose David's Form 4 filing on $BHRB (Jun 19, 2026). Find the original filing: BHRB Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
