HDFC Bank (NYSE:HDB) Shares Unloaded Rep. Josh Gottheimer

Key Points

• Rep. Josh Gottheimer disclosed on April 8 that he sold between $1,001 and $15,000 of HDFC Bank (NYSE:HDB) stock on March 12 from his "MORGAN STANLEY - SELECT UMA ACCOUNT # 1".
• HDFC Bank shares opened at $26.78 (1-year range $23.91–$39.81) with a market cap of $136.6B and a P/E of 16.09, and analysts' consensus rating on MarketBeat is currently "Reduce".

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of HDFC Bank Limited NYSE: HDB. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in HDFC Bank stock on March 12th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ENN Energy OTCMKTS: XNGSY on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 3/24/2026.
• Purchased $1,001 - $15,000 in shares of Fabrinet NYSE: FN on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Alcon NYSE: ALC on 3/12/2026.
• Sold $1,001 - $15,000 in shares of La-Z-Boy NYSE: LZB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Infineon Technologies OTCMKTS: IFNNY on 3/12/2026.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/6/2026.
• Sold $1,001 - $15,000 in shares of Columbia Banking System NASDAQ: COLB on 3/5/2026.

HDFC Bank Price Performance

Shares of NYSE HDB opened at $26.78 on Friday. HDFC Bank Limited has a 1-year low of $23.91 and a 1-year high of $39.81. The business has a 50-day moving average of $29.62 and a 200-day moving average of $33.28. The company has a market capitalization of $136.63 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 1.03 and a beta of 0.67.

Insider Buying and Selling

In other HDFC Bank news, insider N Srinivasan sold 10,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $8.21, for a total transaction of $82,100.00. Following the transaction, the insider owned 648,422 shares of the company's stock, valued at $5,323,544.62. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. GQG Partners LLC lifted its holdings in HDFC Bank by 1.5% during the 4th quarter. GQG Partners LLC now owns 52,962,709 shares of the bank's stock worth $1,935,258,000 after buying an additional 777,977 shares during the last quarter. Royal Bank of Canada lifted its holdings in HDFC Bank by 31.0% during the 4th quarter. Royal Bank of Canada now owns 39,897,767 shares of the bank's stock worth $1,457,865,000 after buying an additional 9,451,992 shares during the last quarter. Schroder Investment Management Group lifted its holdings in HDFC Bank by 4.1% during the 4th quarter. Schroder Investment Management Group now owns 26,264,726 shares of the bank's stock worth $959,713,000 after buying an additional 1,043,596 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in HDFC Bank by 6.8% during the 4th quarter. JPMorgan Chase & Co. now owns 20,504,634 shares of the bank's stock worth $749,239,000 after buying an additional 1,299,851 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in HDFC Bank by 106.1% during the 3rd quarter. Franklin Resources Inc. now owns 13,884,943 shares of the bank's stock worth $474,310,000 after buying an additional 7,147,440 shares during the last quarter. Institutional investors own 17.61% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Wall Street Zen raised HDFC Bank from a "sell" rating to a "hold" rating in a research report on Friday, January 23rd. Weiss Ratings cut HDFC Bank from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce".

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

HDFC Bank Company Profile

HDFC Bank Limited is one of India's leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank's core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).

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