Recent Insider Trading: German American Bancorp, Inc. $GABC

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German American Bancorp, Inc. (GABC) insiders have most recently took part in a trading activity. On Sep 15, 2017 Snowden Raymond Ward, Director bought 41 shares having total worth of $1,396 at the price of $34.05 per share, following the transaction a total of 26,632 shares owned by Snowden Raymond Ward. Before this latest buy, Snowden Raymond Ward purchased GABC at 12 other times during the past twelve months, for a total investment of $47,487 at an average of $41.81 per share.

On the same day, Voyles Michael J, Director bought 21 shares having total worth of $715 at the price of $34.05 per share, following the transaction a total of 139,970 shares owned by Voyles Michael J. Before this latest buy, Voyles Michael J purchased GABC at 9 other times during the past twelve months, for a total investment of $36,947 at an average of $40.35 per share.

The stock has experienced a total of 17 insider trades in the past three months. These trades include 17 buy trades. Furthermore, over the past 12 months , the stock was traded 87 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 85 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 17 0 10.96%
12 Month 85 2 66.71%

Shares of German American Bancorp, Inc. (GABC) traded up 0.88% on Sep 20, 2017, hitting $35.43. 62,773 shares of the company’s stock traded hands. German American Bancorp, Inc. has a 52 week low of $20.23 and a 52 week high of $35.95. The company’s market cap is $600 million.

German American Bancorp, Inc. (GABC) last announced its earnings results on Jul 31, 2017. The company reported 0.43 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.42 by $0.01. The company had revenue of $33 million for the quarter, compared to the consensus estimate of $34 million. During the same quarter in the previous year, the company posted 0.64 earnings per share. The company’s revenue for the quarter was down 0% on a year-over-year basis.

2017-07-31 2017-04-24 2017-01-30 2016-10-31 2016-07-25 2016-04-28 2016-01-25 2015-10-26 2015-07-27 2015-04-27
earnings per share 0.43 0.63 0.66 0.67 0.64 0.55 0.58 0.58 0.55 0.55
Revenue(M) 32.61 32.91 33.25 32.94 32.73 28 25.86 26.62 24.83 25.69

German American Bancorp is a financial services holding company. The Company through its banking subsidiary German American Bancorp, operates 35 retail and commercial banking offices in 13 southern Indiana counties. The Company also owns a trust, brokerage, and financial planning subsidiary and a full line property and casualty insurance agency. The Company’s lines of business include retail and commercial banking, mortgage banking, comprehensive financial planning, full service brokerage and trust administration, and a full range of personal and corporate insurance products. The Company’s operations are mainly comprised of three business segments: core banking, trust and investment advisory services, and insurance operations. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, mainly in the Company’s local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The core banking segment is comprised by the Company’s banking subsidiary, German American Bancorp. The trust and investment advisory services segment involves providing trust, investment advisory, and brokerage services to customers. The trust and investment advisory services segment’s is comprised of German American Financial Advisors & Trust Company. The insurance segment offers a full range of personal and corporate property and casualty insurance products, primarily in the Company’s banking subsidiary’s local markets. The insurance segment primarily consists of German American Insurance, Inc., which provides a full line of personal and corporate insurance products. The Company’s subsidiaries compete competes for commercial and retail banking business within its core banking segment. It competes for loans and deposits not only with commercial banks but also with savings and loan associations, savings banks, credit unions, production credit associations, federal land banks, finance companies, credit card companies, personal loan companies, investment brokerage firms, insurance agencies, insurance companies, lease finance companies, money market funds, mortgage companies, and other non-depository financial intermediaries. The Company is subject to regulation and supervision by the Board of Governors of the Federal Reserve System under the Bank Holding Company Act of 1956, as amended.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.