Independent Bank Corp.

NasdaqGS:INDB Stock Report

Market Cap: US$3.8b

Independent Bank Ownership

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

Recent Insider Transactions

NasdaqGS:INDB Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
05 Dec 25SellUS$29,942Thomas VenablesIndividual405US$73.93
03 Dec 25SellUS$148,226Gerard NadeauIndividual2,000US$74.11
21 Nov 25SellUS$210,000Gerard NadeauIndividual3,000US$70.00
14 Nov 25SellUS$3,660,196Kenneth AnsinIndividual53,000US$69.06
10 Nov 25SellUS$10,070,813Kenneth AnsinIndividual144,000US$69.94
10 Sep 25SellUS$3,497,110Kenneth AnsinIndividual50,000US$70.17
14 Aug 25SellUS$252,875Daniel O'BrienIndividual3,781US$66.88
13 Aug 25SellUS$332,272Gerard NadeauIndividual5,000US$67.51
13 Jun 25SellUS$64,515Thomas VenablesIndividual1,000US$64.52
10 Jun 25SellUS$61,612Eileen MiskellIndividual938US$65.68
11 Feb 25SellUS$44,819Donna AbelliIndividual640US$70.03

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of INDB?
Owner TypeNumber of SharesOwnership Percentage
State or Government21,9710.0443%
Private Companies100,0000.202%
Individual Insiders682,0111.38%
General Public6,626,28113.4%
Institutions42,147,00285%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.

Top Shareholders

Top 25 shareholders own 65.31% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.2%
BlackRock, Inc.
7,013,963US$537.9m13.9%0.01%
12%
The Vanguard Group, Inc.
5,943,817US$455.8m14.9%0.01%
5.26%
Dimensional Fund Advisors LP
2,606,415US$199.9m10.6%0.03%
5.15%
State Street Global Advisors, Inc.
2,555,676US$196.0m13.9%0.01%
3.44%
AllianceBernstein L.P.
1,705,743US$130.8m0.15%0.04%
2.45%
Geode Capital Management, LLC
1,212,189US$93.0m15.6%0.01%
2.37%
Nomura Investment Management Business Trust
1,173,681US$90.0m8.26%0.12%
2.08%
DePrince, Race & Zollo, Inc.
1,032,540US$79.2m-0.71%1.52%
1.91%
Verition Fund Management LLC
946,006US$72.5m17.7%0.43%
1.73%
Victory Capital Management Inc.
858,683US$65.9m-5.23%0.04%
1.38%
The Rockland Trust Investment Management Group
685,439US$52.6m-6.27%2.08%
1.35%
Silvercrest Asset Management Group LLC
671,588US$51.5m14.6%0.33%
1.19%
Charles Schwab Investment Management, Inc.
590,364US$45.3m10.4%0.01%
1.09%
Reinhart Partners, LLC
541,414US$41.5m6.64%1.31%
1.09%
Northern Trust Global Investments
538,416US$41.3m13.7%no data
1.08%
The Goldman Sachs Group, Inc.
536,978US$41.2m30.2%0.01%
1%
NFJ Investment Group, LLC
495,516US$38.0m238%1.21%
1%
Norges Bank Investment Management
493,800US$37.9m0%no data
0.89%
BNY Asset Management
441,060US$33.8m8.25%0.01%
0.87%
Managed Account Advisors LLC
431,104US$33.1m43.1%0.01%
0.81%
Kenneth Ansin
399,752US$30.7m-33%no data
0.77%
First Trust Advisors LP
381,585US$29.3m-42%0.02%
0.77%
BNPP Asset Management Holding
379,388US$29.1m3.97%0.04%
0.76%
FJ Capital Management, LLC
378,739US$29.0m-41.7%2.75%
0.73%
Eaton Vance Management
363,550US$27.9m1.65%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 23:37
End of Day Share Price 2025/12/15 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Independent Bank Corp. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce RoweBaird
David BishopD.A. Davidson & Co.
Taylor BrodarickGuggenheim Securities, LLC