Enterprise Bancorp (EBTC)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	88.63 mm	88.63 mm	88.63 mm	88.63 mm	88.63 mm	88.63 mm
Cash burn (monthly)	19.73 mm	14.18 mm	(no burn)	(no burn)	19.00 k	(no burn)
Cash used (since last report)	55.62 mm	39.97 mm	n/a	n/a	53.55 k	n/a
Cash remaining	33.02 mm	48.66 mm	n/a	n/a	88.58 mm	n/a
Runway (months of cash)	1.7	3.4	n/a	n/a	4662.0	n/a

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Financial data from company earnings reports.

Institutional ownership, Q2 2024

EBTC institutional ownership history Ownership history

15.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	33	63	-47.6%
Opened positions	9	54	-83.3%
Closed positions	39	3	+1200.0%
Increased positions	11	4	+175.0%
Reduced positions	9	3	+200.0%

13F shares	Current	Prev Q	Change
Total value	24.06 bn	83.96 bn	-71.3%
Total shares	1.95 mm	4.49 mm	-56.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Ken S Ansin	840.80 k	$24.26 mm	0.0%
Manufacturers Life Insurance Company, The	273.56 k	$6.81 bn	-0.0%
STT State Street	196.92 k	$4.90 bn	-0.7%
Commonwealth Equity Services	117.21 k	$2.92 mm	+0.2%
Bridgeway Capital Management	94.43 k	$2.35 bn	+4.4%
Empowered Funds	55.06 k	$1.37 bn	+7.7%
MS Morgan Stanley	49.66 k	$1.24 bn	-2.0%
Panagora Asset Management	42.63 k	$1.06 bn	-0.7%
BK The Bank of New York Mellon Corporation	39.01 k	$970.57 mm	+14.1%
Assenagon Asset Management	32.44 k	$807.06 mm	NEW

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-816.41 k	EXIT
Vanguard	0.00	-454.65 k	EXIT
Dimensional Fund Advisors	0.00	-345.38 k	EXIT
Geode Capital Management	0.00	-215.84 k	EXIT
Banc Funds	0.00	-148.89 k	EXIT
Siena Capital Partners GP	0.00	-136.07 k	EXIT
M3F	0.00	-97.43 k	EXIT
NTRS Northern Trust	0.00	-90.62 k	EXIT
American Century Companies	0.00	-41.19 k	EXIT
Assenagon Asset Management	32.44 k	+32.44 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

EBTC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Dec 24	Lussier Joseph R	Common Stock	Grant	Acquire A	No	No	42.75	58	2.48 k	14,177.102
23 Sep 24	Gabriel Jamie L	Common Stock	Grant	Acquire A	No	No	32.25	77	2.48 k	15,331.186
18 Jun 24	Conway James F Iii	Common Stock	Grant	Acquire A	No	No	0	1,223	0.00	37,420
18 Jun 24	Deschene Normand E	Common Stock	Grant	Acquire A	No	No	0	1,223	0.00	21,841

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

KBRA Comments on Enterprise Bancorp, Inc.'s Proposed Merger Agreement with Independent Bank Corp.

18 Dec 24

On December 9, 2024, Rockland, MA-based Independent Bank Corp. (NASDAQ:INDB) ("Independent"), parent company of Rockland Trust Company ("Rockland Trust"), and Lowell, MA-based Enterprise Bancorp, Inc. (NASDAQ:EBTC)

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CCRN, ENLC, IPG, EBTC on Behalf of Shareholders

14 Dec 24

NEW YORK, Dec. 14, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary

$HAREHOLDER ALERT: The M&A Class Action Continues To Investigate Merger - STAF, IPG, EBTC, CCRN

13 Dec 24

NEW YORK, Dec. 13, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates STAF, NBR, IPG, EBTC on Behalf of Shareholders

12 Dec 24

ENTERPRISE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enterprise Bancorp, Inc. - EBTC

10 Dec 24