INDB - Independent Bank Insider Trades Send a Signal | Benzinga
Jeffrey J Tengel, Chief Executive Officer at Independent Bank (NASDAQ:INDB), reported a large insider buy on October 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Tengel purchased 2,100 shares of Independent Bank. The total transaction amounted to $102,028.
Independent Bank shares are trading down 0.2% at $48.7 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, ...