Camden National (CAC)

• Market cap: $700M
• 1 day: -0.10%
• 5 days: 0.07%
• 1 month: -4.75%
• 3 months: -4.29%
• 6 months: 3.59%
• Year to date: -1.78%
• 1 year: 30.96%
• 5 years: 29.69%
• 10 years: 65.01%
• Sector: Financials
• Industry: National Commercial Banks

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

175% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 8

106% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 32

10% more funds holding

Funds holding: 141 [Q3] → 155 (+14) [Q4]

5% more capital invested

Capital invested by funds: $460M [Q3] → $485M (+$25M) [Q4]

1.43% more ownership

Funds ownership: 76.39% [Q3] → 77.81% (+1.43%) [Q4]

4% more call options, than puts

Call options by funds: $1.59M | Put options by funds: $1.52M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $50 20% upside
• Avg. target: $52 24% upside
• High target: $53 28% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Raymond James Steve Moss 21% 1-year accuracy 3 / 14 met price target	28% upside $53	Outperform Reiterated	29 Jan 2025
Keefe, Bruyette & Woods Damon Delmonte 26% 1-year accuracy 7 / 27 met price target	20% upside $50	Market Perform Maintained	29 Jan 2025