INDEPENDENT BANK|MI ($IBCP) posted quarterly earnings results on Thursday, April 24th. The company reported earnings of $0.74 per share, beating estimates of $0.71 by $0.03. The company also reported revenue of $54,110,000, beating estimates of $44,267,388 by $9,842,612.
You can see Quiver Quantitative's $IBCP stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
INDEPENDENT BANK|MI Insider Trading Activity
INDEPENDENT BANK|MI insiders have traded $IBCP stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $IBCP stock by insiders over the last 6 months:
- LARRY R JR DANIEL (Executive Vice President) sold 3,851 shares for an estimated $150,766
- GAVIN A. MOHR (Executive Vice President) purchased 800 shares for an estimated $29,368
- PATRICK J ERVIN (Executive Vice President) purchased 275 shares for an estimated $10,432
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
INDEPENDENT BANK|MI Hedge Fund Activity
We have seen 83 institutional investors add shares of INDEPENDENT BANK|MI stock to their portfolio, and 67 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PL CAPITAL ADVISORS, LLC added 10,791,263 shares (+3383.0%) to their portfolio in Q4 2024, for an estimated $375,859,690
- FJ CAPITAL MANAGEMENT LLC removed 134,883 shares (-16.7%) from their portfolio in Q4 2024, for an estimated $4,697,974
- ASSENAGON ASSET MANAGEMENT S.A. removed 118,170 shares (-89.4%) from their portfolio in Q1 2025, for an estimated $3,638,454
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 115,706 shares (-52.2%) from their portfolio in Q4 2024, for an estimated $4,030,039
- BOSTON PARTNERS added 64,006 shares (+22.5%) to their portfolio in Q4 2024, for an estimated $2,229,328
- JPMORGAN CHASE & CO added 59,339 shares (+15.3%) to their portfolio in Q4 2024, for an estimated $2,066,777
- GOLDMAN SACHS GROUP INC removed 56,851 shares (-16.6%) from their portfolio in Q4 2024, for an estimated $1,980,120
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
