Today, the President of Independent Bank Corp (INDB), Gerard Nadeau, sold shares of INDB for $204.2K.
Following Gerard Nadeau’s last INDB Sell transaction on June 11, 2018, the stock climbed by 1.1%.
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Based on Independent Bank Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $111 million and quarterly net profit of $29.93 million. In comparison, last year the company earned revenue of $94.89 million and had a net profit of $22.06 million. INDB’s market cap is $2.3B and the company has a P/E ratio of 18.61. Currently, Independent Bank Corp has an average volume of 35.1K.
The insider sentiment on Independent Bank Corp has been negative according to 78 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Gerard Nadeau’s trades have generated a -1.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Independent Bank Corp. operates as a bank holding company. The company provides commercial banking, retail banking, and wealth management services and is engaged in sale of retail investments and insurance products in Massachusetts.
