New insider activity at Horizon Bancorp ( (HBNC) ) has taken place on August 25, 2025.
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In a significant show of confidence in Horizon Bancorp, several key executives and directors have recently made notable stock purchases. Director Kevin Ahern led the way by acquiring 6,896 shares valued at $99,992. Meanwhile, Director Eric Blackhurst, EVP & CFO John R Stewart, and Director Michele Annette Samuels each purchased 1,724 shares, with each transaction worth $24,998. Additionally, CEO Thomas Prame bought 1,034 shares, amounting to $14,993. These strategic acquisitions underscore the leadership’s positive outlook on the company’s future.
Recent Updates on HBNC stock
In the last 24 hours, Horizon Bancorp has been the subject of significant analyst attention and strategic corporate actions. Keefe Bruyette upgraded the stock to Outperform, citing strategic initiatives aimed at enhancing earnings power, improving interest rate risk, increasing liquidity, and accelerating capital generation. These actions are expected to have a meaningful impact on the bank’s tangible book value and return profile. Additionally, Horizon Bancorp announced a public offering of 6.2 million shares priced at $14.50, aiming to raise approximately $90 million for general corporate purposes, including potential balance sheet repositioning. This move is anticipated to strengthen the company’s financial position and support growth initiatives. Analysts have responded positively to these developments, with price target adjustments reflecting the company’s improved outlook and strategic direction.
Spark’s Take on HBNC Stock
According to Spark, TipRanks’ AI Analyst, HBNC is a Outperform.
Horizon Bancorp’s strong financial performance and positive earnings call are the most significant factors driving the score. The stock’s valuation is reasonable, and technical indicators suggest a stable outlook. Corporate events support the positive sentiment but are already accounted for in the earnings analysis.
To see Spark’s full report on HBNC stock, click here.
More about Horizon Bancorp
YTD Price Performance: 0.26%
Average Trading Volume: 232,493
Technical Sentiment Signal: Strong Buy
Current Market Cap: $690.1M