Independent Bank Corp (NASDAQ: INDB) kicked off on Friday, up 5.77% from the previous trading day, before settling in for the closing price of $65.69. Over the past 52 weeks, INDB has traded in a range of $52.15-$77.23.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Financial sector was -2.11%. While this was happening, its average annual earnings per share was recorded 18.85%. With a float of $48.67 million, this company’s outstanding shares have now reached $50.03 million.
Considering the fact that the conglomerate employs 1837 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.83%, operating margin of 12.77%, and the pretax margin is 26.04%.
Independent Bank Corp (INDB) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Independent Bank Corp is 2.71%, while institutional ownership is 75.77%. The most recent insider transaction that took place on Jun 13 ’25, was worth 64,515. In this transaction Director of this company sold 1,000 shares at a rate of $64.52, taking the stock ownership to the 20,962 shares. Before that another transaction happened on Jun 13 ’25, when Company’s Director proposed sale 1,000 for $65.20, making the entire transaction worth $65,200.
Independent Bank Corp (INDB) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 18.85% per share during the next fiscal year.
Independent Bank Corp (NASDAQ: INDB) Trading Performance Indicators
Take a look at Independent Bank Corp’s (INDB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.51. Likewise, its price to free cash flow for the trailing twelve months is 19.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.43, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 7.28 in one year’s time.
Technical Analysis of Independent Bank Corp (INDB)
Compared to the last year’s volume of 0.34 million, its volume of 0.51 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.32%.
During the past 100 days, Independent Bank Corp’s (INDB) raw stochastic average was set at 91.02%, which indicates a significant increase from 82.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.20 in the past 14 days, which was higher than the 2.07 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.74, while its 200-day Moving Average is $64.49. Nevertheless, the first resistance level for the watch stands at $71.38 in the near term. At $73.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $75.36. If the price goes on to break the first support level at $67.40, it is likely to go to the next support level at $65.31. Now, if the price goes above the second support level, the third support stands at $63.42.
Independent Bank Corp (NASDAQ: INDB) Key Stats
The company with the Market Capitalisation of 3.48 billion has total of 42,619K Shares Outstanding. Its annual sales at the moment are 980,770 K in contrast with the sum of 192,080 K annual income. Company’s last quarter sales were recorded 244,460 K and last quarter income was 44,420 K.
