In a filing, Independent Bank Corp revealed its Director ANSIN KEN S unloaded Company’s shares for reported $1.75 million on Sep 09 ’25. In the deal valued at $70.17 per share,25,000 shares were sold. As a result of this transaction, ANSIN KEN S now holds 65,894 shares worth roughly $4.69 million.
Then, ANSIN KEN S sold 25,000 shares, generating $1,742,953 in total proceeds. Upon selling the shares at $69.72, the Director now owns 40,894 shares.
Before that, ANSIN KEN S bought 50,000 shares. Independent Bank Corp shares valued at $3,500,000 were divested by the Director at a price of $70.00 per share.
Raymond James upgraded its Independent Bank Corp [INDB] rating to a Strong buy from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “a Buy”. Seaport Research Partners also remained covering INDB and has increased its forecast on October 23, 2023 with a “Neutral” recommendation from previously “Sell” rating. Seaport Research Partners started covering the stock on September 12, 2023. It rated INDB as “a Sell”.
Price Performance Review of INDB
On Friday, Independent Bank Corp [NASDAQ:INDB] saw its stock fall -2.35% to $71.13. Over the last five days, the stock has lost -0.21%. Independent Bank Corp shares have risen nearly 14.50% since the year began. Nevertheless, the stocks have risen 10.81% over the past one year.
How much short interest is there in Independent Bank Corp?
A steep rise in short interest was recorded in Independent Bank Corp stocks on 2025-08-29, growing by 0.31 million shares to a total of 2.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 1.77 million shares. There was a rise of 14.98%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 21, 2022 when Raymond James began covering the stock and recommended ‘”a Mkt perform”‘ rating.
