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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| MISKELL EILEEN C | Jun 3, 2024 | Sell | 1,134 | $50.2165 | $57,000 |
| Ruggiero Mark J | Mar 1, 2024 | Buy | 500 | $51.0859 | $26,000 |
| Abelli Donna L | Feb 29, 2024 | Sell | 800 | $52.83 | $42,000 |
| MISKELL EILEEN C | Jan 24, 2024 | Sell | 400 | $61.3 | $25,000 |
| MORRISSEY JOHN J | Nov 3, 2023 | Sell | 2,000 | $54.59 | $110,000 |
| Tengel Jeffrey J | Oct 30, 2023 | Buy | 2,100 | $48.5848 | $100,000 |
| Powlus Lee C | Oct 27, 2023 | Buy | 512 | $47.45 | $24,000 |
| Tengel Jeffrey J | May 4, 2023 | Buy | 2,069 | $48.4154 | $100,000 |
| Jensen Barry H | May 2, 2023 | Buy | 1,000 | $50.66 | $51,000 |
| Ruggiero Mark J | Apr 28, 2023 | Buy | 1,000 | $56.29 | $56,000 |
| Smith Scott | Apr 27, 2023 | Sell | 1,300 | $55.8263 | $73,000 |
| ODDLEIFSON CHRISTOPHER | Jan 30, 2023 | Sell | 400 | $77.8 | $31,000 |
What's the latest insider transaction for Independent Bank?
The most recent insider transaction for Independent Bank was conducted by MISKELL EILEEN C, who sold 1,134 shares on June 3, 2024 at a price of $50.22 per share.
Which insider bought the most INDB stock over the last two years?
Tengel Jeffrey J has bought the most INDB stock in the last 2 years, with a total value of $200,000.
Which insider has sold the most INDB stock over the last two years?
MORRISSEY JOHN J has sold the most INDB stock in the last 2 years, with a total value of $110,000.
What is the total value of insider transactions for Independent Bank (INDB) in the last 2 years?
According to our estimates, the total value of insider transactions for Independent Bank in the last 2 years is positive, amounting to $22,000. This indicates that insiders have predominantly bought shares, showcasing their confidence in the company's future prospects.
How do insider transactions over the last 2 years reflect on Independent Bank's market confidence?
Over the last 2 years, insider transactions for Independent Bank have been balanced between buying and selling, showing a neutral stance among insiders towards the company's market performance. This trend of more purchases than sales could be a positive signal to potential investors about the insiders' view on the company's valuation and growth potential.
Why is monitoring insider trading activity important for investors?
Monitoring insider trading activity is important because it provides insights into the confidence levels of a company's insiders, such as executives and directors, regarding the company's future prospects. Insider buying can signal optimism, suggesting the stock may be undervalued, while insider selling might raise questions about the stock's upcoming performance. However, it's essential to consider that sales can also occur for personal financial reasons. Insider trading activity is a valuable indicator that, when combined with other data, can help inform investment decisions.
