Banco Bradesco Executive Silvana Rosa Machado Purchases $1.1 Million in Shares
Silvana Rosa Machado, an executive at Banco Bradesco S.A., purchased 62,048 shares of the company for a total value of $1.1 million according to a recent SEC Form 4 filing. The transaction increased her direct equity stake by approximately 36%, bringing her holdings in preference shares to around 235,000 post-transaction. The purchase was made at an average price per share of $17.98, which is significantly higher than the closing market price on September 18, 2026 ($3.43). This discrepancy suggests that Machado may have executed a direct transaction rather than purchasing shares in the open market. Banco Bradesco operates as one of Brazil's largest financial institutions with two primary divisions: Banking and Insurance. The company has a current market capitalization of $37.2 billion, revenue (TTM) of BRL 341.3 billion, and net income (TTM) of BRL 24.3 billion.
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