The Potential Rise in the Price of Horizon Bancorp Inc (IN) (HBNC) following insiders activity

In a filing, Horizon Bancorp Inc (IN) revealed its Director DWIGHT CRAIG M unloaded Company’s shares for reported $0.17 million on Feb 19 ’25. In the deal valued at $17.14 per share,10,000 shares were sold. As a result of this transaction, DWIGHT CRAIG M now holds 463,139 shares worth roughly $7.4 million.

Then, Etzler Todd A. sold 590 shares, generating $10,614 in total proceeds. Upon selling the shares at $17.99, the Executive Vice President & GC now owns 0 shares.

Before that, DeRuiter Kathie A sold 14,909 shares. Horizon Bancorp Inc (IN) shares valued at $268,213 were divested by the Executive Vice President at a price of $17.99 per share. As a result of the transaction, DeRuiter Kathie A now holds 0 shares, worth roughly $0.0.

Hovde Group initiated its Horizon Bancorp Inc (IN) [HBNC] rating to an Outperform in a research note published on September 30, 2024; the price target was $18. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early July from “an Outperform” to “a Mkt perform”. Piper Sandler also remained covering HBNC and has decreased its forecast on February 22, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Keefe Bruyette revised its rating on October 28, 2022. It rated HBNC as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of HBNC

On Tuesday, Horizon Bancorp Inc (IN) [NASDAQ:HBNC] saw its stock jump 0.13% to $15.98. Over the last five days, the stock has gained 0.38%. Horizon Bancorp Inc (IN) shares have fallen nearly -1.96% since the year began. Nevertheless, the stocks have fallen -0.81% over the past one year. While a 52-week high of $19.18 was reached on 02/11/25, a 52-week low of $12.70 was recorded on 04/11/25.

Levels Of Support And Resistance For HBNC Stock

The 24-hour chart illustrates a support level at 15.77, which if violated will result in even more drops to 15.55. On the upside, there is a resistance level at 16.12. A further resistance level may holdings at 16.25.

How much short interest is there in Horizon Bancorp Inc (IN)?

A steep rise in short interest was recorded in Horizon Bancorp Inc (IN) stocks on 2025-07-15, dropping by 13555.0 shares to a total of 0.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 0.58 million shares. There was a decline of -2.41%, which implies that there is a negative sentiment for the stock.

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