Rep. Josh Gottheimer Sells Off Shares of HDFC Bank Limited (NYSE:HDB)

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):

• Purchased $1,001 – $15,000 in shares of Fabrinet (NYSE:FN) on 3/24/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 3/24/2026.
• Sold $1,001 – $15,000 in shares of ENN Energy (OTCMKTS:XNGSY) on 3/24/2026.
• Sold $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) 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 Alcon (NYSE:ALC) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) 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 Phreesia (NYSE:PHR) on 3/5/2026.

HDFC Bank Price Performance

Shares of HDFC Bank stock traded down $0.35 on Monday, reaching $26.38. 2,379,038 shares of the company traded hands, compared to its average volume of 8,827,640. HDFC Bank Limited has a 52 week low of $23.91 and a 52 week high of $39.81. The company has a 50 day moving average of $29.51 and a 200 day moving average of $33.21. The firm has a market capitalization of $134.56 billion, a PE ratio of 15.84, a PEG ratio of 1.01 and a beta of 0.67.

Insider Buying and Selling

In other HDFC Bank news, insider N Srinivasan sold 10,000 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $8.21, for a total value of $82,100.00. Following the completion of the transaction, the insider directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Central Pacific Bank Trust Division boosted its holdings in HDFC Bank by 100.0% in the 3rd quarter. Central Pacific Bank Trust Division now owns 758 shares of the bank’s stock worth $26,000 after buying an additional 379 shares during the period. Larson Financial Group LLC boosted its holdings in HDFC Bank by 90.4% in the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock worth $29,000 after buying an additional 403 shares during the period. Clearstead Advisors LLC boosted its holdings in HDFC Bank by 476.8% in the 3rd quarter. Clearstead Advisors LLC now owns 894 shares of the bank’s stock worth $31,000 after buying an additional 739 shares during the period. Parkside Financial Bank & Trust boosted its holdings in HDFC Bank by 54.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 913 shares of the bank’s stock valued at $31,000 after purchasing an additional 322 shares during the period. Finally, Accent Capital Management LLC boosted its holdings in HDFC Bank by 100.0% in the 3rd quarter. Accent Capital Management LLC now owns 918 shares of the bank’s stock valued at $31,000 after purchasing an additional 459 shares during the period. 17.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Wall Street Zen raised shares of HDFC Bank from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings downgraded shares of HDFC Bank from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus 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.

About HDFC Bank

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).