INDB Logo

Independent Bank Corp. (INDB) 

NASDAQ
Market Cap
$1.99B
Sector
Financial Services
Industry
Banks—Regional
Rank in Sector
157 of 541
Rank in Industry
85 of 277

Largest Insider Buys in Sector

INDB Stock Price History Chart

INDB Stock Performance

About Independent Bank Corp.

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 accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Insider Activity of Independent Bank Corp.

Over the last 12 months, insiders at Independent Bank Corp. have bought $151,865 and sold $232,910 worth of Independent Bank Corp. stock.

On average, over the past 5 years, insiders at Independent Bank Corp. have bought $120,329 and sold $2.66M worth of stock each year.

Highest buying activity among insiders over the last 12 months: Tengel Jeffrey J (Chief Executive Officer) — $102,028. Ruggiero Mark J (CFO & EVP Consumer Lending) — $25,543. Powlus Lee C (Chief Tech & Operations Off.) — $24,294.

The last purchase of 500 shares for transaction amount of $25,543 was made by Ruggiero Mark J (CFO & EVP Consumer Lending) on 2024‑03‑01.

List of Insider Buy and Sell Transactions, Independent Bank Corp.

2024-06-03SaleMISKELL EILEEN Cdirector
1,134
0.0027%
$50.22$56,946-5.34%
2024-03-01PurchaseRuggiero Mark JCFO & EVP Consumer Lending
500
0.0011%
$51.09$25,543-0.47%
2024-02-29SaleAbelli Donna Ldirector
800
0.0019%
$52.83$42,264-3.00%
2024-01-24SaleMISKELL EILEEN Cdirector
400
0.0009%
$61.30$24,520-14.55%
2023-11-03SaleMORRISSEY JOHN Jdirector
2,000
0.0046%
$54.59$109,180-3.00%
2023-10-30PurchaseTengel Jeffrey JChief Executive Officer
2,100
0.0047%
$48.58$102,028+7.23%
2023-10-27PurchasePowlus Lee CChief Tech & Operations Off.
512
0.0012%
$47.45$24,294+10.48%
2023-05-04PurchaseTengel Jeffrey JChief Executive Officer
2,069
0.0047%
$48.42$100,171+9.56%
2023-05-02PurchaseJensen Barry HChief Technology & Ops Officer
1,000
0.0022%
$50.66$50,660+4.41%
2023-04-28PurchaseRuggiero Mark JCFO & EVP Consumer Lending
1,000
0.0022%
$56.29$56,290-6.43%
2023-04-27SaleSmith Scottdirector
1,300
0.0029%
$55.83$72,574-4.67%
2023-01-30SaleODDLEIFSON CHRISTOPHERCEO
400
0.0009%
$77.80$31,120-26.59%
2022-08-16SaleMISKELL EILEEN C
858
0.0019%
$87.86$75,387-11.96%
2022-08-16SaleSEKSAY EDWARD HGeneral Counsel
700
0.0015%
$88.26$61,784-11.96%
2022-08-15SaleCozzone Robert DChief Operating Officer
1,750
0.0038%
$86.14$150,745-11.26%
2022-07-27SaleAbelli Donna L
750
0.0016%
$83.10$62,325-6.02%
2022-06-09SaleODDLEIFSON CHRISTOPHERCEO
3,000
0.0065%
$80.86$242,572+0.27%
2022-06-09SaleMISKELL EILEEN C
1,123
0.0024%
$81.04$91,012+0.27%
2022-03-15SaleNadeau Gerard FPresident
1,500
0.0032%
$84.94$127,410-1.85%
2022-02-24SaleODDLEIFSON CHRISTOPHERCEO
350
0.0007%
$80.50$28,175+0.17%

Insider Historical Profitability

3.86%
Tengel Jeffrey JChief Executive Officer
24048
0.0549%
$47.0420+9.56%
MISKELL EILEEN Cdirector
13206
0.0322%
$47.041421+1.46%
MORRISSEY JOHN Jdirector
11492
0.0263%
$47.0402
Ruggiero Mark JCFO & EVP Consumer Lending
16032
0.025%
$47.0427<0.0001%
Abelli Donna L
11640
0.0245%
$47.0487+6.34%
Powlus Lee CChief Tech & Operations Off.
512
0.0012%
$47.0410
JONES KEVIN Jdirector
76775
0.1754%
$47.04275+3.06%
SHEAHAN DENIS KChief Operating Officer
48469
0.1107%
$47.0406
SGARZI RICHARD Hdirector
42820
0.0978%
$47.0404
ANDERSON RICHARD Sdirector
40016
0.0914%
$47.04181+4.29%
DONOVAN ALFRED Ldirector
32862
0.0751%
$47.0402
Lundquist JaneExecutive Vice President
30716
0.0702%
$47.04111+15.47%
Jensen Barry HChief Technology & Ops Officer
25049
0.0572%
$47.0428<0.0001%
Cozzone Robert DChief Operating Officer
24783
0.0566%
$47.04216+10.94%
SPURR JOHN H JRdirector
24517
0.056%
$47.04234+3.71%
Nadeau Gerard FPresident
24302
0.0555%
$47.04026
OBrien Daniel Fdirector
22715
0.0519%
$47.04110+10.5%
FUERSCHBACH RAYMOND GSenior Vice President
22179
0.0507%
$47.04016
DRISCOLL RICHARD FExecutive Vice President
20694
0.0473%
$47.0402
GILMORE BENJAMIN A IIdirector
18034
0.0412%
$47.0413+7.56%
Venables Thomas Rdirector
16028
0.0366%
$47.04011
Parent William Mdirector
15726
0.0359%
$47.0403
RIBEIRO CARLdirector
13023
0.0298%
$47.041611+5%
SULLIVAN ROBERT Ddirector
12780
0.0292%
$47.0416
HALL E WINTHROPdirector
12210
0.0279%
$47.0401
SEKSAY EDWARD HGeneral Counsel
7336
0.0168%
$47.04022
Harris Maria SSenior Vice President
6149
0.014%
$47.0401
GEOGAN AMY ASenior Vice President
3768
0.0086%
$47.0420+1.25%
JANKOWSKI EDWARD FDir. Res. Lending/Compliance
3333
0.0076%
$47.0429+6.8%
Smith Scottdirector
2695
0.0062%
$47.0403
Paciulli Anthony AManaging Director, Residential
1000
0.0023%
$47.0410<0.0001%
CLARK W PAULdirector
500
0.0011%
$47.04129+6.97%
TEUTEN THOMAS Jdirector
500
0.0011%
$47.0403
TEDESCHI BRIAN Sdirector
0
0%
$47.0409
KELLEY FERDINAND TExecutive Vice President
0
0%
$47.04013
MORTON JAMES O'SHANNAdirector
13
0%
$47.0410+6.66%
SULLIVAN MAURICE H JRdirector
0
0%
$47.04010
ODDLEIFSON CHRISTOPHERCEO
0
0%
$47.04020

Institutional Investor Ownership

Top Shareholders
Top Buyers
Top Sellers
New Shareholders
Sold-Out Shareholders
BlackRock$326.75M14.796.28M+0.07%+$237,367.250.01
The Vanguard Group$271.57M12.295.22M-1%-$2.73M0.01
State Street$120.24M5.382.29M+2.51%+$2.95M0.01
Dimensional Fund Advisors$102.54M4.641.97M+12.4%+$11.32M0.03
Victory Capital Management Inc$70.69M3.21.36M-23.02%-$21.14M0.07
Geode Capital Management$52.07M2.361M+1.99%+$1.02M0.01
Silvercrest Asset Management Group Inc$51.42M2.33988,408-35.02%-$27.71M0.36
Macquarie Group$51.12M2.31982,720+14.84%+$6.61M0.04
Nuance Investments$50.04M2.27961,932-24.73%-$16.44M1.31
Morgan Stanley$36.8M1.67707,493+28.25%+$8.11M<0.01
Rockland Trust Co$33.55M1.52645,039-0.5%-$167,192.411.85
Boston Trust Walden Corp$33.05M1.5635,244+22.61%+$6.09M0.24
Northern Trust$31.87M1.44612,706-7.58%-$2.61M0.01
BNY Mellon$26.58M1.2510,957-5.44%-$1.53M0.01
Charles Schwab$25.44M1.15488,947+5.1%+$1.23M0.01
Invesco$24.64M1.12473,605+397.83%+$19.69M0.01
Palisade Capital Management$23.76M1.08456,750+2.41%+$558,642.780.71
GW&K Investment Management$20.45M0.93393,070-0.61%-$126,047.530.18
ClearBridge Investments$16.15M0.73310,381+2.13%+$336,881.070.01
Goldman Sachs$15.35M0.7295,006-42.07%-$11.14M<0.01
The Manufacturers Life Insurance Company$13M0.59249,893-31.57%-$6M0.01
Leeward Investments Llc Ma$12.92M0.59248,368-0.87%-$113,039.460.58
Renaissance Technologies$12.35M0.56237,339+40.38%+$3.55M0.02
Bank of America$11.41M0.52219,376+17.65%+$1.71M<0.01
JPMorgan Chase$11.06M0.5212,674+21.02%+$1.92M<0.01
American Century Investments$9.57M0.43183,947+51.47%+$3.25M0.01
Panagora$8.28M0.38159,184-3.74%-$321,535.630.04
D. E. Shaw & Co.$8.22M0.37157,993New+$8.22M0.01
Nuveen$8.16M0.37156,907-0.78%-$63,834.74<0.01
ProShares$8.04M0.36154,652+15.27%+$1.07M0.02
RhumbLine Advisers$7.67M0.35147,495-3.39%-$269,358.620.01
New York State Common Retirement Fund$7.47M0.34143,575+0.26%+$19,404.050.01
First Trust$7.29M0.33140,123-5.24%-$402,738.820.01
Ameriprise Financial$6.97M0.32133,954-70.03%-$16.3M<0.01
Fisher Asset Management Llc$6.92M0.31133,074+0.74%+$50,875.55<0.01
Voloridge Investment Management, LLC$6.33M0.29121,646New+$6.33M0.01
Legal & General$6.26M0.28120,417-2.5%-$160,429.70<0.01
AllianceBernstein$5.74M0.26110,3820%+$0<0.01
Impax Asset Management Group$5.72M0.26110,000-26.67%-$2.08M0.02
Thrivent Financial For Lutherans$5.53M0.25106,341+142.68%+$3.25M0.01
Moody Aldrich Partners, LLC$5.27M0.24101,391-27.06%-$1.96M0.9
Crestwood Advisors$5.2M0.2499,9810%+$00.11
Public Sector Pension Investment Board$4.57M0.2187,879-3.44%-$162,822.610.03
Barclays$4.58M0.2188,003-13.85%-$735,945.09<0.01
Raymond James Associates$4.57M0.2187,756-7.74%-$382,970.81<0.01
HSBC$4.53M0.2187,019-67.57%-$9.43M<0.01
Swiss National Bank$4.5M0.286,578-0.46%-$20,808.00<0.01
Qube Research & Technologies$4.47M0.285,967+449.77%+$3.66M0.01
Millennium Management LLC$4.34M0.283,374+279.49%+$3.19M<0.01
Numerai Gp Llc$4.19M0.1980,542New+$4.19M0.31