Horizon Bancorp Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:HBNC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Dec 24	SellUS$10,614	Todd Etzler	Individual	590	US$17.99
04 Dec 24	SellUS$349,708	Mark Secor	Individual	19,439	US$17.99
04 Dec 24	SellUS$31,447	Lynn Kerber	Individual	1,748	US$17.99
04 Dec 24	SellUS$268,213	Kathie DeRuiter	Individual	14,909	US$17.99

Insider Trading Volume

Insider Buying: HBNC insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of HBNC?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,287,259	2.94%
General Public	12,061,009	27.6%
Institutions	30,366,950	69.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 57.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.8%	BlackRock, Inc.	6,047,589	US$98.9m	-1.15%	no data
5.45%	Dimensional Fund Advisors LP	2,382,246	US$38.9m	4.64%	0.01%
5.4%	The Vanguard Group, Inc.	2,360,803	US$38.6m	3.24%	no data
4.76%	Sapient Capital, LLC	2,079,992	US$34.0m	0%	0.63%
3.37%	PL Capital Advisors, LLC	1,473,174	US$24.1m	-9.24%	7.82%
2.52%	State Street Global Advisors, Inc.	1,099,935	US$18.0m	-2.58%	no data
2.41%	Geode Capital Management, LLC	1,053,625	US$17.2m	5.24%	no data
2.07%	Manulife Asset Management	902,850	US$14.8m	-2.6%	0.01%
1.47%	Hotchkis and Wiley Capital Management, LLC	641,260	US$10.5m	-13.4%	0.03%
1.45%	Maltese Capital Management, LLC	634,600	US$10.4m	-11.4%	1.59%
1.41%	Horizon Trust & Investment Management, National Association	616,456	US$10.1m	-2.95%	4.77%
1.29%	American Century Investment Management Inc	563,340	US$9.2m	2.95%	no data
1.26%	LSV Asset Management	549,523	US$9.0m	0%	0.02%
1.22%	ProShare Advisors LLC	531,145	US$8.7m	0%	0.02%
1.21%	Rhino Investment Partners, Inc.	528,259	US$8.6m	0%	1.86%
1.2%	Craig Dwight	524,949	US$8.6m	0%	no data
1.15%	Northern Trust Global Investments	503,144	US$8.2m	4.21%	no data
0.97%	Pacific Ridge Capital Partners, LLC	422,671	US$6.9m	19.1%	1.59%
0.92%	Harbour Trust & Investment Management Company	401,430	US$6.6m	-12%	0.73%
0.88%	AQR Capital Management, LLC	382,935	US$6.3m	-19.8%	0.01%
0.8%	Charles Schwab Investment Management, Inc.	350,981	US$5.7m	6.92%	no data
0.78%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	340,840	US$5.6m	-1.07%	no data
0.77%	Bridgeway Capital Management, LLC	335,455	US$5.5m	-1.1%	0.09%
0.7%	BNY Asset Management	306,283	US$5.0m	-10.3%	no data
0.57%	Kennedy Capital Management LLC	248,077	US$4.1m	36%	0.09%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 03:24
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Horizon Bancorp, Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Martin	FIG Partners
Brendan Nosal	Hovde Group, LLC
Brian Martin	Janney Montgomery Scott LLC