INDEPENDENT BANK|MI ($IBCP) posted quarterly earnings results on Tuesday, October 28th. The company reported earnings of $0.84 per share, missing estimates of $0.86 by $0.02. The company also reported revenue of $57,300,000, beating estimates of $47,011,545 by $10,288,455.
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 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $IBCP stock by insiders over the last 6 months:
- MICHAEL M JR MAGEE has made 0 purchases and 3 sales selling 6,404 shares for an estimated $198,527.
- GAVIN A. MOHR (Executive Vice President) purchased 2,000 shares for an estimated $59,280
- TERANCE L BEIA purchased 1,821 shares for an estimated $55,813
- STEFANIE M KIMBALL (Executive Vice President) sold 1,400 shares for an estimated $45,702
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
INDEPENDENT BANK|MI Hedge Fund Activity
We have seen 76 institutional investors add shares of INDEPENDENT BANK|MI stock to their portfolio, and 77 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ASSENAGON ASSET MANAGEMENT S.A. added 206,440 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,394,479
- CSM ADVISORS, LLC added 203,980 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,610,991
- MILLENNIUM MANAGEMENT LLC added 111,621 shares (+85.2%) to their portfolio in Q2 2025, for an estimated $3,617,636
- NUVEEN, LLC removed 64,495 shares (-15.1%) from their portfolio in Q2 2025, for an estimated $2,090,282
- GOLDMAN SACHS GROUP INC removed 62,054 shares (-20.8%) from their portfolio in Q2 2025, for an estimated $2,011,170
- AXA S.A. removed 56,370 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,826,951
- FMR LLC removed 49,979 shares (-4.7%) from their portfolio in Q2 2025, for an estimated $1,619,819
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.
