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Independent Bank (NASDAQ:IBCP) Stock, Insider Trading Activity
Independent Bank: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Independent Bank Corp (Ionia MI) Insiders Doing?
At Independent Bank Corp (Ionia MI), recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 3.85K shares worth $150.77K, meanwhile, insiders have reported buying a total of 275.00 shares for a total value of $10.43K.
Notable Recent Insider Buys and Sales
- On November 21, 2024, Gavin Mohr, the company's EXECUTIVE VICE PRESIDENT purchased 800 shares for $36.71 each.
- On December 3, 2024, Patrick Ervin, the company's EXECUTIVE VICE PRESIDENT purchased 275 shares for $37.94 each.
- On November 25, 2024, Larry Daniel Jr, the company's EXECUTIVE VICE PRESIDENT sold 3.85K shares for $39.15 each.
Ownership Statistics for Independent Bank Corp (Ionia MI)
Shares Outstanding
20.894M
Insider Shares Owned
1.027M
Insider Percentage Owned
4.92%
Institutional Shares Held
13.341M
Institutional Percentage Held
63.9%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.