Independent Bank Ownership

INDB Stock  USD 74.97  0.99  1.34%   
Independent Bank has a total of 42.49 Million outstanding shares. The majority of Independent Bank outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Independent Bank to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Independent Bank. Please pay attention to any change in the institutional holdings of Independent Bank as this could imply that something significant has changed or is about to change at the company. On August 13, 2022, Representative Josh Gottheimer of US Congress acquired under $15k worth of Independent Bank's common stock.
 
Shares in Circulation  
First Issued
1985-12-31
Previous Quarter
42.5 M
Current Value
42.5 M
Avarage Shares Outstanding
18.8 M
Quarterly Volatility
10.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Independent Bank in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Independent Bank, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividends Paid is expected to grow to about 102.9 M, whereas Dividend Yield is forecasted to decline to 0.02. The current year's Common Stock Shares Outstanding is expected to grow to about 46.4 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 318.6 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

Independent Stock Ownership Analysis

About 83.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.07. Some equities with similar Price to Book (P/B) outperform the market in the long run. Independent Bank last dividend was issued on the 30th of September 2024. The entity had 3:2 split on the 1st of October 1987. Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1691 people. To learn more about Independent Bank call Christopher Oddleifson at 781 878 6100 or check out https://www.rocklandtrust.com.
Besides selling stocks to institutional investors, Independent Bank also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Independent Bank's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Independent Bank's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Independent Bank Quarterly Liabilities And Stockholders Equity

19.41 Billion

Independent Bank Insider Trades History

Only 1.15% of Independent Bank are currently held by insiders. Unlike Independent Bank's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Independent Bank's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Independent Bank's insider trades
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Independent Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Independent Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Independent Bank backward and forwards among themselves. Independent Bank's institutional investor refers to the entity that pools money to purchase Independent Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2024-09-30
577.2 K
Charles Schwab Investment Management Inc2024-09-30
523.7 K
Amvescap Plc.2024-06-30
516.1 K
Bank Of New York Mellon Corp2024-06-30
477 K
Goldman Sachs Group Inc2024-06-30
453.1 K
American Century Companies Inc2024-09-30
423.3 K
Norges Bank2024-06-30
378.6 K
Gw&k Investment Management, Llc2024-09-30
365.5 K
Clearbridge Advisors, Llc2024-09-30
304.3 K
Blackrock Inc2024-06-30
6.1 M
Vanguard Group Inc2024-09-30
M
Note, although Independent Bank's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Independent Bank Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independent Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Maureen Gaffney over a month ago
Disposition of tradable shares by Maureen Gaffney of Independent Bank subject to Rule 16b-3
 
Miskell Eileen C over three months ago
Disposition of 1134 shares by Miskell Eileen C of Independent Bank at 50.2165 subject to Rule 16b-3
 
Miskell Eileen C over three months ago
Disposition of 1134 shares by Miskell Eileen C of Independent Bank at 50.2165 subject to Rule 16b-3
 
Mark Ruggiero over six months ago
Acquisition by Mark Ruggiero of 1040 shares of Independent Bank subject to Rule 16b-3
 
Mark Ruggiero over six months ago
Acquisition by Mark Ruggiero of 500 shares of Independent Bank at 51.0859 subject to Rule 16b-3
 
Maureen Gaffney over six months ago
Disposition of tradable shares by Maureen Gaffney of Independent Bank at 52.935 subject to Rule 16b-3
 
Jeffrey Tengel over six months ago
Payment of 679 shares by Jeffrey Tengel of Independent Bank subject to Rule 16b-3
 
Rizzo James T. over six months ago
Disposition of tradable shares by Rizzo James T. of Independent Bank at 53.37 subject to Rule 16b-3
 
Rizzo James T. over six months ago
Disposition of tradable shares by Rizzo James T. of Independent Bank at 53.37 subject to Rule 16b-3
 
Jeffrey Tengel over six months ago
Disposition of 679 shares by Jeffrey Tengel of Independent Bank at 53.37 subject to Rule 16b-3
 
Jeffrey Tengel over six months ago
Payment of 664 shares by Jeffrey Tengel of Independent Bank subject to Rule 16b-3
 
Tengel Jeffrey J over a year ago
Purchase by Tengel Jeffrey J of 2100 shares of Independent Bank

Independent Bank's latest congressional trading

Congressional trading in companies like Independent Bank, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Independent Bank by those in governmental positions are based on the same information available to the general public.
2022-08-13Representative Josh GottheimerAcquired Under $15KVerify

Independent Bank Outstanding Bonds

Independent Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Independent Bank uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Independent bonds can be classified according to their maturity, which is the date when Independent Bank has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Independent Bank Corporate Filings

8K
13th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
31st of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
ASR
8th of August 2024
Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
10Q
6th of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
2.26
Earnings Share
4.6
Revenue Per Share
15.336
Quarterly Revenue Growth
(0.12)
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.