IBCP Insider Trading

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Insider Trading History
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About

Insider Ownership Percentage: 5.45%

Insider Buying (Last 12 Months): $39,801.50

Insider Selling (Last 12 Months): $214,571.00

Independent Bank Insider Trading History Chart

Independent Bank Share Price & Price History

^$30.20

▼ -0.25 (-0.82%)

As of 03/13/2025 05:00 PM ET

Days: 30 | 90 | 365

Independent Bank Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/3/2024	Patrick J Ervin	EVP	Buy	275	$37.94	$10,433.50	34,813
11/20/2024	Gavin A Mohr	EVP	Buy	800	$36.71	$29,368.00	18,662
9/12/2024	Christina Keller	Director	Sell	1,400	$32.85	$45,990.00	4,163
8/2/2024	Christina Keller	Director	Sell	1,000	$32.76	$32,760.00	5,563
6/14/2024	Christina Keller	Director	Sell	2,400	$23.62	$56,688.00	6,563
5/29/2024	Stefanie M Kimball	EVP	Sell	1,700	$24.49	$41,633.00	61,784
4/29/2024	James J. Twarozynski	SVP	Sell	1,500	$25.00	$37,500.00	8,366
7/31/2023	Stefanie M Kimball	EVP	Sell	218	$20.59	$4,488.62	60,562
5/10/2023	Terance L Beia	Director	Buy	1,831	$15.62	$28,600.22	38,120
5/4/2023	Dennis W. Archer, Jr.	Director	Buy	1,000	$15.58	$15,580.00	11,000
5/3/2023	Gavin A Mohr	EVP	Buy	2,200	$16.60	$36,520.00	16,372
3/16/2023	Christina Keller	Director	Buy	660	$18.94	$12,500.40	8,963
3/13/2023	Dennis W. Archer, Jr.	Director	Buy	1,500	$19.16	$28,740.00	8,500
2/28/2023	James J. Twarozynski	SVP	Sell	2,000	$22.31	$44,620.00	9,109
1/30/2023	Gavin A Mohr	EVP	Buy	1,600	$21.68	$34,688.00	11,655
8/22/2022	Gavin A Mohr	EVP	Buy	2,000	$21.30	$42,600.00	10,055
7/28/2022	James J. Twarozynski	SVP	Sell	2,500	$20.47	$51,175.00	8,409
5/17/2022	Stefanie M Kimball	EVP	Sell	2,239	$19.43	$43,503.77	59,882
4/28/2022	Dennis W. Archer, Jr.	Director	Buy	2,000	$20.16	$40,320.00	5,000

See Full Table

SEC Filings (Institutional Ownership Changes) for Independent Bank (NASDAQ:IBCP)

79.43% of Independent Bank stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

Independent Bank Institutional Trading History

Reporting Date	Hedge Fund	Shares Held	Market Value	% of Portfolio	Quarterly Change in Shares	Ownership in Company
2/20/2025	Mackenzie Financial Corp	15,437	$0.54M	0.0%	N/A	0.074%
2/19/2025	Public Employees Retirement System of Ohio	13,168	$0.46M	0.0%	+42.6%	0.063%
2/17/2025	UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	57,189	$1.99M	0.0%	+2.7%	0.274%
2/17/2025	Two Sigma Advisers LP	10,900	$0.38M	0.0%	-12.1%	0.052%
2/17/2025	Two Sigma Investments LP	12,327	$0.43M	0.0%	-24.0%	0.059%
2/17/2025	Rafferty Asset Management LLC	17,114	$0.60M	0.0%	-27.0%	0.082%
2/17/2025	Point72 Asset Management L.P.	1,700	$59K	0.0%	N/A	0.008%
2/17/2025	ProShare Advisors LLC	207,867	$7.24M	0.0%	-5.1%	0.995%
2/17/2025	Nuveen Asset Management LLC	341,674	$11.90M	0.0%	-2.3%	1.636%
2/17/2025	Millennium Management LLC	22,981	$0.80M	0.0%	+174.4%	0.110%
2/17/2025	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	11,352	$0.40M	0.0%	+3.6%	0.054%
2/17/2025	Jacobs Levy Equity Management Inc.	86,388	$3.01M	0.0%	-4.5%	0.414%
2/17/2025	FJ Capital Management LLC	670,484	$23.35M	2.7%	-16.7%	3.210%
2/17/2025	D. E. Shaw & Co. Inc.	14,124	$0.49M	0.0%	-24.5%	0.068%
2/17/2025	Deutsche Bank AG	15,746	$0.55M	0.0%	+81.3%	0.075%
2/17/2025	Cubist Systematic Strategies LLC	5,351	$0.19M	0.0%	N/A	0.026%
2/17/2025	Bridgeway Capital Management LLC	133,254	$4.64M	0.1%	-12.4%	0.638%
2/17/2025	Bank of America Corp DE	124,784	$4.35M	0.0%	+17.5%	0.597%
2/17/2025	BNP Paribas Financial Markets	21,907	$0.76M	0.0%	-33.2%	0.105%
2/17/2025	Ameriprise Financial Inc.	133,287	$4.64M	0.0%	-7.1%	0.638%
2/14/2025	Jane Street Group LLC	14,285	$0.50M	0.0%	-33.1%	0.068%
2/14/2025	Comerica Bank	5,589	$0.20M	0.0%	-10.5%	0.027%
2/14/2025	AQR Capital Management LLC	143,063	$4.98M	0.0%	-11.4%	0.685%
2/14/2025	Northern Trust Corp	218,933	$7.63M	0.0%	-2.5%	1.048%
2/14/2025	The Manufacturers Life Insurance Company	403,925	$14.07M	0.0%	-1.3%	1.934%
2/14/2025	Tudor Investment Corp ET AL	57,938	$2.02M	0.0%	+125.9%	0.277%
2/14/2025	Aquatic Capital Management LLC	1,193	$42K	0.0%	N/A	0.006%
2/14/2025	Susquehanna Fundamental Investments LLC	5,845	$0.20M	0.0%	N/A	0.028%
2/14/2025	Voya Investment Management LLC	19,299	$0.67M	0.0%	-5.4%	0.092%
2/14/2025	Price T Rowe Associates Inc. MD	61,946	$2.16M	0.0%	-2.6%	0.297%
2/14/2025	Hsbc Holdings PLC	7,488	$0.26M	0.0%	N/A	0.036%
2/14/2025	Tower Research Capital LLC TRC	1,439	$50K	0.0%	+246.7%	0.007%
2/14/2025	MetLife Investment Management LLC	11,954	$0.42M	0.0%	+9.3%	0.057%
2/14/2025	Dimensional Fund Advisors LP	945,943	$32.95M	0.0%	-1.6%	4.528%
2/14/2025	First Trust Advisors LP	78,623	$2.74M	0.0%	-8.6%	0.376%
2/13/2025	CANADA LIFE ASSURANCE Co	1,220	$42K	0.0%	-55.2%	0.006%
2/13/2025	Marshall Wace LLP	9,200	$0.32M	0.0%	N/A	0.044%
2/13/2025	EAM Investors LLC	22,506	$0.78M	0.1%	-16.2%	0.108%
2/13/2025	Barclays PLC	83,929	$2.92M	0.0%	+1.9%	0.402%
2/13/2025	Sterling Capital Management LLC	14,721	$0.51M	0.0%	+4.0%	0.070%
2/13/2025	LSV Asset Management	419,170	$14.60M	0.0%	-10.3%	2.007%
2/13/2025	Raymond James Financial Inc.	11,772	$0.41M	0.0%	N/A	0.056%
2/13/2025	Martingale Asset Management L P	52,041	$1.81M	0.0%	-9.9%	0.249%
2/13/2025	Advisory Services Network LLC	51,126	$1.78M	0.0%	-28.0%	0.245%
2/13/2025	Renaissance Technologies LLC	565,700	$19.70M	0.0%	-5.9%	2.708%
2/13/2025	Legal & General Group Plc	20,360	$0.71M	0.0%	-28.2%	0.097%
2/13/2025	Invesco Ltd.	51,814	$1.81M	0.0%	+5.4%	0.248%
2/13/2025	Aster Capital Management DIFC Ltd	3,648	$0.13M	0.0%	N/A	0.017%
2/13/2025	Quadrant Capital Group LLC	2,890	$0.10M	0.0%	+10.9%	0.014%
2/13/2025	Russell Investments Group Ltd.	226,660	$7.90M	0.0%	-0.2%	1.085%
2/13/2025	Envestnet Asset Management Inc.	11,017	$0.38M	0.0%	+37.7%	0.053%
2/13/2025	Grantham Mayo Van Otterloo & Co. LLC	11,583	$0.40M	0.0%	+21.0%	0.055%
2/13/2025	Wells Fargo & Company MN	23,162	$0.81M	0.0%	+20.8%	0.111%
2/12/2025	Foundry Partners LLC	213,225	$7.43M	0.4%	+1.1%	1.021%
2/12/2025	ExodusPoint Capital Management LP	9,130	$0.32M	0.0%	N/A	0.044%
2/12/2025	Trexquant Investment LP	51,619	$1.80M	0.0%	-6.9%	0.247%
2/12/2025	Geode Capital Management LLC	496,443	$17.30M	0.0%	-0.6%	2.376%
2/12/2025	Brandywine Global Investment Management LLC	26,438	$0.92M	0.0%	-4.3%	0.127%
2/12/2025	Arrowstreet Capital Limited Partnership	105,787	$3.69M	0.0%	-52.2%	0.506%
2/12/2025	JPMorgan Chase & Co.	447,690	$15.59M	0.0%	+15.3%	2.143%
2/11/2025	Corebridge Financial Inc.	9,913	$0.35M	0.0%	-7.0%	0.047%
2/11/2025	Vanguard Group Inc.	1,218,710	$42.45M	0.0%	+2.2%	5.834%
2/11/2025	KLP Kapitalforvaltning AS	4,600	$0.16M	0.0%	N/A	0.022%
2/11/2025	Sei Investments Co.	102,480	$3.57M	0.0%	+8.3%	0.491%
2/11/2025	American Century Companies Inc.	523,614	$18.24M	0.0%	+11.5%	2.507%
2/11/2025	Quantbot Technologies LP	1,660	$58K	0.0%	N/A	0.008%
2/11/2025	Summit Global Investments	15,631	$0.54M	0.0%	+51.5%	0.075%
2/11/2025	Magnetar Financial LLC	8,214	$0.29M	0.0%	N/A	0.039%
2/11/2025	Teacher Retirement System of Texas	43,057	$1.50M	0.0%	-34.1%	0.206%
2/11/2025	Boston Partners	347,986	$12.12M	0.0%	+22.5%	1.666%
2/11/2025	Intech Investment Management LLC	12,516	$0.44M	0.0%	N/A	0.060%
2/10/2025	Thrivent Financial for Lutherans	32,181	$1.12M	0.0%	-39.4%	0.154%
2/10/2025	Connor Clark & Lunn Investment Management Ltd.	34,110	$1.19M	0.0%	+30.3%	0.163%
2/7/2025	HighTower Advisors LLC	27,270	$0.95M	0.0%	+2.2%	0.131%
2/7/2025	AlphaQuest LLC	14,238	$0.50M	0.1%	-41.1%	0.068%
2/6/2025	Raymond James Financial Inc.	11,772	$0.41M	0.0%	N/A	0.056%
2/6/2025	Proficio Capital Partners LLC	10,101	$0.35M	0.0%	N/A	0.048%
2/6/2025	Charles Schwab Investment Management Inc.	172,346	$6M	0.0%	+0.7%	0.825%
2/5/2025	Bailard Inc.	21,260	$0.74M	0.0%	+13.3%	0.102%
2/5/2025	Proficio Capital Partners LLC	10,101	$0.35M	0.0%	N/A	0.048%
2/4/2025	PL Capital Advisors LLC	11,110,248	$386.97M	4.5%	+3,383.0%	53.185%
2/4/2025	Los Angeles Capital Management LLC	18,896	$0.66M	0.0%	-16.7%	0.090%
2/4/2025	Bank of New York Mellon Corp	167,249	$5.83M	0.0%	-14.1%	0.801%
2/3/2025	Hudson Edge Investment Partners Inc.	21,628	$0.75M	0.1%	+41.4%	0.104%
1/31/2025	Principal Financial Group Inc.	337,112	$11.74M	0.0%	-3.6%	1.614%
1/30/2025	Rhumbline Advisers	41,649	$1.45M	0.0%	+0.9%	0.199%
1/29/2025	Allspring Global Investments Holdings LLC	319,499	$11.13M	0.0%	-0.4%	1.529%
1/28/2025	Empowered Funds LLC	67,654	$2.36M	0.0%	-14.4%	0.324%
1/17/2025	SG Americas Securities LLC	14,940	$0.52M	0.0%	-4.6%	0.072%
1/17/2025	Dakota Wealth Management	5,826	$0.20M	0.0%	N/A	0.028%
1/15/2025	Wedge Capital Management L L P NC	19,486	$0.68M	0.0%	-3.6%	0.093%
1/14/2025	Assenagon Asset Management S.A.	132,234	$4.61M	0.0%	+40.6%	0.633%
12/26/2024	JPMorgan Chase & Co.	388,351	$12.95M	0.0%	-14.5%	1.859%
12/19/2024	Principal Financial Group Inc.	349,631	$11.66M	0.0%	+28.7%	1.673%
11/27/2024	Franklin Resources Inc.	32,756	$1.10M	0.0%	+3.9%	0.157%
11/16/2024	Geode Capital Management LLC	499,546	$16.66M	0.0%	+0.4%	2.391%
11/15/2024	Barclays PLC	82,357	$2.75M	0.0%	+38.1%	0.394%
11/15/2024	Zacks Investment Management	6,631	$0.22M	0.0%	N/A	0.032%
11/15/2024	National Bank of Canada FI	792	$26K	0.0%	N/A	0.004%
11/15/2024	Jane Street Group LLC	21,360	$0.71M	0.0%	+11.6%	0.102%

Data available starting January 2016

See Full Table

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides commercial banking services to individuals and businesses in rural and suburban communities in Michigan. It offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. The company also provides title insurance services and investment services, as well as automatic teller machines, and internet and mobile banking services. In addition, it operates through branches, drive-thru facilities, and loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Today's Range

Now: $30.20

$30.09

$30.69

50 Day Range

MA: $34.35

$30.18

$37.06

52 Week Range

Now: $30.20

$22.53

$40.32

Volume

83,278 shs

Average Volume

95,158 shs

Market Capitalization

$633.38 million

P/E Ratio

9.56

Dividend Yield

3.45%

Beta

1.04

Who are the company insiders with the largest holdings of Independent Bank?: Independent Bank's top insider shareholders include:
Stefanie M Kimball (EVP)
Terance L Beia (Director)
Patrick J Ervin (EVP)
Gavin A Mohr (EVP)
Dennis W Archer Jr (Director)
Christina Keller (Director)
James J Twarozynski (SVP)
Learn More about top insider investors at Independent Bank.
Who are the major institutional investors of Independent Bank?: Independent Bank's top institutional shareholders include:
PL Capital Advisors LLC — 53.18%
Vanguard Group Inc. — 5.83%
Dimensional Fund Advisors LP — 4.53%
FJ Capital Management LLC — 3.21%
Renaissance Technologies LLC — 2.71%
American Century Companies Inc. — 2.51%
Learn More about top institutional investors of Independent Bank stock.
Which institutional investors are selling Independent Bank stock?: During the last quarter, IBCP stock was sold by these institutional investors:
FJ Capital Management LLC
Arrowstreet Capital Limited Partnership
LSV Asset Management
Renaissance Technologies LLC
Bank of New York Mellon Corp
Teacher Retirement System of Texas
Thrivent Financial for Lutherans
Advisory Services Network LLC
In the last year, company insiders that have sold Independent Bank company stock include:
Stefanie M Kimball (EVP)
Terance L Beia (Director)
Patrick J Ervin (EVP)
Learn More investors selling Independent Bank stock.
Which institutional investors are buying Independent Bank stock?: In the last quarter, IBCP stock was purchased by institutional investors including:
PL Capital Advisors LLC
Boston Partners
JPMorgan Chase & Co.
American Century Companies Inc.
Assenagon Asset Management S.A.
Tudor Investment Corp ET AL
Vanguard Group Inc.
Bank of America Corp DE
During the previous year, these company insiders have bought Independent Bank stock:
Stefanie M Kimball (EVP)
Terance L Beia (Director)
Patrick J Ervin (EVP)
Gavin A Mohr (EVP)
Dennis W Archer Jr (Director)
Learn More investors buying Independent Bank stock.