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Bradesco Chief Tech Officer Purchases 60,093 Shares for $1.1 Million. Is This Large Buy a Signal to Invest in BBD?

The Motley Fool·
Bradesco Chief Tech Officer Purchases 60,093 Shares for $1.1 Million. Is This Large Buy a Signal to Invest in BBD?

Cintia Scovine Barcelos De Souza, Chief Technology Officer at Banco Bradesco, purchased 60,093 shares for approximately $1.1 million at $17.98 per share on September 18, 2026, increasing her direct holdings by 28% to 275,197 shares. The insider purchase is viewed as bullish, signaling executive confidence in the company's future prospects amid improving Brazilian economic conditions, falling unemployment, and interest rate cuts that support loan growth.

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