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)	83.84 mm	83.84 mm	83.84 mm	83.84 mm	83.84 mm	83.84 mm
Cash burn (monthly)	1.60 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	3.65 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	80.19 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	50.2	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

EBTC institutional ownership history Ownership history

38.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	80	69	+15.9%
Opened positions	19	9	+111.1%
Closed positions	8	7	+14.3%
Increased positions	33	29	+13.8%
Reduced positions	11	18	-38.9%

13F shares	Current	Prev Q	Change
Total value	125.82 bn	89.64 bn	+40.4%
Total shares	4.81 mm	4.57 mm	+5.3%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BlackRock	927.31 k	$29.64 bn	NEW
Ken S Ansin	720.80 k	$19.20 mm	0.0%
Vanguard	484.17 k	$15.47 bn	+5.1%
Dimensional Fund Advisors	366.93 k	$11.73 bn	+3.8%
Manufacturers Life Insurance Company, The	273.04 k	$8.73 bn	-0.2%
Geode Capital Management	233.56 k	$7.47 bn	+3.9%
STT State Street	200.18 k	$6.40 bn	+1.7%
Siena Capital Partners GP	149.29 k	$4.77 bn	+9.7%
Commonwealth Equity Services	121.27 k	$3.88 mm	+3.5%
Banc Funds	106.00 k	$3.39 bn	+5.0%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-930.95 k	EXIT
BlackRock	927.31 k	+927.31 k	NEW
M3F	0.00	-99.53 k	EXIT
Elizabeth Park Capital Advisors	79.47 k	+79.47 k	NEW
Ategra Capital Management	69.66 k	+69.66 k	NEW
Wellington Management	63.92 k	+63.92 k	NEW
Assenagon Asset Management	65.59 k	+33.15 k	+102.2%
Vanguard	484.17 k	+23.47 k	+5.1%
IVZ Invesco	0.00	-19.77 k	EXIT
MS Morgan Stanley	66.09 k	+16.43 k	+33.1%

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
28 Feb 25	Lussier Joseph R	Common Stock	Payment of exercise	Dispose F	No	No	43.12	114	4.92 k	14,091.102
28 Feb 25	Lussier Joseph R	Common Stock	Option exercise	Acquire M	No	No	21.03	176	3.70 k	14,205.102
28 Feb 25	Lussier Joseph R	Option Common Stock	Option exercise	Dispose M	No	No	21.03	176	3.70 k	0
18 Feb 25	Bullock Brian H	Common Stock	Payment of exercise	Dispose F	No	No	43.17	353	15.24 k	66,405
18 Feb 25	Bullock Brian H	Common Stock	Option exercise	Acquire M	No	No	21.03	530	11.15 k	66,758
18 Feb 25	Bullock Brian H	Option Common Stock	Option exercise	Dispose M	No	No	21.03	530	11.15 k	0
5 Feb 25	Covey Susan	Common Stock	Payment of exercise	Dispose F	No	No	43.05	522	22.47 k	12,981.255
5 Feb 25	Covey Susan	Common Stock	Option exercise	Acquire M	No	No	21.03	807	16.97 k	13,503.255
5 Feb 25	Covey Susan	Option Common Stock	Option exercise	Dispose M	No	No	21.03	807	16.97 k	0
4 Feb 25	Larochelle Steven R	Common Stock	Payment of exercise	Dispose F	No	No	42.11	357	15.03 k	52,441.385