Potential Price Increase for Horizon Bancorp Inc (IN) (HBNC) After Recent Insider Activity

In a filing, Horizon Bancorp Inc (IN) revealed its Director Samuels Michele Annette acquired Company’s shares for reported $24998.0 on Aug 22 ’25. In the deal valued at $14.50 per share,1,724 shares were bought. As a result of this transaction, Samuels Michele Annette now holds 4,986 shares worth roughly $78080.76.

Then, Blackhurst Eric P. bought 1,724 shares, generating $24,998 in total proceeds. Upon buying the shares at $14.50, the Director now owns 26,298 shares.

Before that, Prame Thomas M bought 1,034 shares. Horizon Bancorp Inc (IN) shares valued at $14,993 were divested by the Chief Executive Officer at a price of $14.50 per share. As a result of the transaction, Prame Thomas M now holds 47,521 shares, worth roughly $0.74 million.

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 Monday, Horizon Bancorp Inc (IN) [NASDAQ:HBNC] saw its stock jump 0.06% to $15.66. Over the last five days, the stock has lost -2.25%. Horizon Bancorp Inc (IN) shares have risen nearly 5.17% since the year began. Nevertheless, the stocks have fallen -2.79% 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 15.58, which if violated will result in even more drops to 15.49. On the upside, there is a resistance level at 15.73. A further resistance level may holdings at 15.79.

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 2025-07-31, growing by 19012.0 shares to a total of 0.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 0.61 million shares. There was a rise of 3.04%, which implies that there is a positive sentiment for the stock.

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