Insider Buying: Jason Kelly Acquires Shares of German American Bancorp, Inc.
Jason Kelly purchased 1,168 shares of GABC on June 29, 2026.
Key Points
- Jason Kelly bought 1,168 shares of German American Bancorp, Inc. (GABC) on June 29, 2026.
- GABC shares traded at $47.46 on Wednesday with a market cap of $1.78 billion and a P/E ratio of 13.04.
- Analysts from Piper Sandler upgraded GABC to 'buy', with a price target of $47 on March 20, 2026.
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Jason Kelly, an insider at German American Bancorp, Inc. (NasdaqGS: GABC), purchased 1,168 shares of the company on June 29, 2026. This insider buying activity was not part of a pre-planned trading scheme, indicating a personal decision to acquire more shares.
Other Institutional Activity in German American Bancorp, Inc.
Several institutional investors have also adjusted their positions in German American Bancorp. BlackRock, Inc. trimmed its holdings by 22,515 shares, ending with 2,706,469 shares valued at approximately $113.1 million, a slight decrease of 0.8%. On the other hand, Franklin Resources Inc. increased its stake by 51,275 shares, bringing its total to 1,880,546 shares worth around $78.6 million, reflecting a 2.8% increase. Vanguard Capital Management LLC opened a new position with 1,523,155 shares valued at $63.7 million. Dimensional Fund Advisors LP added 31,627 shares, reaching a total of 1,219,958 shares valued at $50.9 million, a 2.7% increase. Meanwhile, Charles Schwab Investment Management Inc. reduced its holdings by 261,668 shares, down to 1,152,695 shares valued at $48.2 million, an 18.5% decrease.
German American Bancorp, Inc. Stock Down 4.9%
Shares of German American Bancorp, Inc. (NasdaqGS: GABC) traded near $47.46 on Wednesday. The company boasts a market capitalization of approximately $1.78 billion, with a P/E ratio of 13.04 and a forward P/E of 11.91. The stock's 52-week range spans from $36.56 to $48.94. Its 50-day moving average is $44.01, while the 200-day moving average stands at $41.45. The stock has a beta of 0.595, indicating lower volatility compared to the broader market.
$GABC stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
German American Bancorp reported revenue of $370 million, with a revenue growth rate of 42.3%. The company achieved a net margin of 36.6% and a return on equity of 12.2%. Earnings per share stood at $3.64. The next earnings release is scheduled for July 27, 2026.
Dividend
The company pays an annual dividend rate of $1.20, resulting in a yield of 2.53%. The dividend payout ratio is 32.4%.
Insider Buying and Selling at German American Bancorp, Inc.
On June 29, 2026, several insiders, including Darren Root, Tyson Wagler, Marc Fine, Ronnie Stokes, Zachary Bawel, and Angela Curry, each purchased 1,168 shares of German American Bancorp. These transactions were not part of pre-planned trading arrangements.
Analysts Set New Price Targets
On March 20, 2026, Piper Sandler upgraded its rating for German American Bancorp to "buy" with a price target of $47. Keefe, Bruyette & Woods maintained a "hold" rating with a $47 target on April 29, 2026. Stephens & Co. also maintained a "buy" rating, setting a target of $49. The consensus among analysts is a "hold" rating, with an average price target of $49.40 based on five analyst opinions.
About German American Bancorp, Inc.
German American Bancorp, Inc., headquartered in Jasper, Indiana, serves as a financial holding company for German American Bank. It provides retail and commercial banking services, along with wealth management. The company operates through its Core Banking and Wealth Management segments, offering a variety of financial products including loans, deposits, and advisory services. Founded in 1910, it employs 984 people under the leadership of CEO D. Neil Dauby.
Bottom Line
Insider buying activity at German American Bancorp, Inc. reflects interest from within the company, which can be a point of interest for investors. The company's stock performance and analyst ratings suggest a stable outlook, with recent institutional activities showing mixed positions. As always, it's important to note that insider transactions are reported after they occur and may not indicate future performance.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
