Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Horizon Bancorp Inc (IN) shares valued at $65,640 were purchased by MAGNESEN LARRY S on Nov 24 ’25. At $16.41 per share, MAGNESEN LARRY S acquired 4,000 shares. The insider’s holdings grew to 7,262 shares worth approximately $0.12 million following the completion of this transaction.
Also, Samuels Michele Annette purchased 1,724 shares, netting a total of over 24,998 in proceeds. Following the buying of shares at $14.50 each, the insider now holds 4,986 shares.
Before that, Blackhurst Eric P. had added 1,724 shares to its account. In a trade valued at $24,998, the Director bought Horizon Bancorp Inc (IN) shares for $14.50 each. Upon closing the transaction, the insider’s holdings increased to 1,724 shares, worth approximately $0.45 million.
As published in a research note from Keefe Bruyette on August 26, 2025, Horizon Bancorp Inc (IN) [HBNC] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $19. Analysts at Hovde Group started covering the stock with ‘”an Outperform”‘ outlook in a report released in late September. As of July 06, 2023, Raymond James has decreased its “an Outperform” rating to a “Mkt perform” for HBNC. Earlier on February 22, 2023, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for HBNC stock which previously was a “an Overweight”.
Analyzing HBNC Stock Performance
On last trading session, Horizon Bancorp Inc (IN) [NASDAQ: HBNC] plunged -0.47% to $16.96. The stock’s lowest price that day was $16.81, but it reached a high of $17.265 in the same session. During the last five days, there has been a drop of approximately -4.02%. Over the course of the year, Horizon Bancorp Inc (IN) shares have jumped approximately 5.41%. Shares of the company reached a 52-week high of $18.70 on 12/16/25 and a 52-week low of $12.70 on 04/11/25.
Support And Resistance Levels for Horizon Bancorp Inc (IN) (HBNC)
According to the 24-hour chart, there is a support level at 16.76, which, if violated, would cause prices to drop to 16.56. In the upper region, resistance lies at 17.21. The next price resistance is at 17.47. RSI (Relative Strength Index) is 40.69 on the 14-day chart, showing neutral technical sentiment.
Is Horizon Bancorp Inc (IN) subject to short interest?
Stocks of Horizon Bancorp Inc (IN) saw a sharp rise in short interest on 2025-12-15 jumping by 0.16 million shares to 1.18 million. Data from Yahoo Finance shows that the short interest on 2025-11-14 was 1.02 million shares. A jump of 13.31% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.71 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.71.
Which companies own the most shares of Horizon Bancorp Inc (IN) (HBNC)?
In terms of Horizon Bancorp Inc (IN) share price expectations, FactSet research, analysts set an average price target of 22 in the next 12 months, up nearly 29.11% from the previous closing price of $17.04. Analysts anticipate Horizon Bancorp Inc (IN) stock to reach 22 by 2026, with the lowest price target being 22. In spite of this, 2 analysts ranked Horizon Bancorp Inc (IN) stock as Buy at the end of 2026. On October 28, 2022, Keefe Bruyette assigned a price target of “a Mkt perform” to the stock and downgraded coverage with a $18.
