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German American Bancorp, Inc. Stock: price and insider trades · United States
4 insiders bought €99k of shares over the last 90 days, the latest filed 16 Oct 2026.
Cluster: 3 buyers in 30 daysGerman American Bancorp, Inc.: what insiders have been doing
Every trade that managers of German American Bancorp, Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Finance & Banking sector. The last twelve months, up to 18 October 2026, brought 45 filings signed by 16 insiders.
Every open-market trade in the period is a purchase: 31 purchases worth €199k, from 7 insiders, and not a single sale. The totals do not cover 1 filing with an undisclosed amount. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The buyers include 7 senior executives. One trade stands out by size: a purchase of €17k from Seger Andrew M, disclosed on 17 July 2026, or 0.0011% of market capitalisation.
In the case of 28 purchases, another manager of the company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. The most recent open-market purchase was published on 16 October 2026, 2 days ago. Filings reach the SEC (Form 4) feed a median of 1 day after the trade. For comparison, the SEC allows two business days to file a Form 4.
With 45 filings in twelve months, the company is more active than the median of 19 filings across the 5,814 companies we follow on the same exchange. The full history, which starts in 2016, counts 368 purchases against 2 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists net income at 112.6 m USD; the dividend was 1.16 USD per share.
Elsewhere in the same sector, our signals recently picked up insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
467
Thresholds
n/a
Buy Volume
€5M
368 ops. · all time
Sell Volume
€173,636
2 ops. · all time
Who traded when
BuySaleZachary W. Bawel19 buys
Jack Sheidler15 buys
Christina M. Ryan13 buys
Susan J. Ellspermann13 buys
Andrew M. Seger10 buys
Jason M. Kelly3 buys1 sale
+3 other insiders
Since the insiders bought
- +1.1%Entry US$49.52 · Close 16 Oct 2026 US$50.07
- +1.1%Entry US$49.52 · Close 16 Oct 2026 US$50.07
- +1.1%Entry US$49.52 · Close 16 Oct 2026 US$50.07
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate German American Bancorp, Inc. Buy (bullish), based on 5 analysts. Average price target: US$56.20.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 1,373 of 24,148 companies
78.0
score / 100
Value74
Quality82
FCF yld8.2%
Earn yld6.0%
EV/EBITDA·
ROE12%
Gross mgn·
Net mgn31%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$48.74
Analyst consensus
5 analystsBuy
US$51.00Target US$56.20(+15%)US$60.00
Income statement
RevenueUS$361.4M
Net incomeUS$112.6M37.4% margin
Valuation
PER (trailing)12.8x
PER (forward)11.8x
P/Book1.5x
Beta0.60
Balance sheet & cash
Market capUS$1.8B
Total debtUS$138.8M
Free Cash FlowUS$154M
Profitability & ownership
ROE12.5%
ROA1.7%
% insiders3.2%
% institutions54.7%
Last declaration on 16 October 2026
Declarations467 total
344.317 shares@ US$49.6635Common StockSEC:0001746448-26-000010:0
Canonical exit: 13 Jan 2027 (T+90)
2.014 shares@ US$49.6635Common StockSEC:0001791771-26-000007:0
Canonical exit: 13 Jan 2027 (T+90)
2.014 shares@ US$49.6635CommonSEC:0002081604-26-000013:0
Canonical exit: 13 Jan 2027 (T+90)
400.853 shares@ US$49.89320.0011% mcap5.7% of flowCommon StockSEC:0001746448-26-000009:0
Canonical exit: 14 Dec 2026 (T+90)
124.265 shares@ US$49.89320.0003% mcap2.4% of flowCommon StockSEC:0001791771-26-000006:0
Canonical exit: 14 Dec 2026 (T+90)
150.321 shares@ US$49.89320.0004% mcap10.1% of flowCommonSEC:0002081604-26-000011:0
Canonical exit: 14 Dec 2026 (T+90)
391.254 shares@ US$51.11770.0011% mcap5.7% of flowCommon StockSEC:0001746448-26-000008:0
Canonical exit: 15 Nov 2026 (T+90)
48.907 shares@ US$51.11770.0001% mcap0.8% of flowCommon StockSEC:0001764530-26-000005:0
Canonical exit: 15 Nov 2026 (T+90)
391.254 shares@ US$51.11770.0011% mcap7.8% of flowCommon StockSEC:0001791771-26-000005:0
Canonical exit: 15 Nov 2026 (T+90)
391.254 shares@ US$51.11770.0011% mcap26.7% of flowCommonSEC:0002081604-26-000009:0
Canonical exit: 15 Nov 2026 (T+90)
313.558 shares@ US$47.8380.0008% mcap81.2% of flowCommonSEC:0002055311-26-000002:0
Canonical exit: 14 Oct 2026 (T+90)
418.078 shares@ US$47.8380.0011% mcap27.0% of flowCommonSEC:0002081604-26-000008:0
Canonical exit: 14 Oct 2026 (T+90)
418.078 shares@ US$47.8380.0011% mcap6.5% of flowCommon StockSEC:0001764530-26-000003:0
Canonical exit: 14 Oct 2026 (T+90)
418.078 shares@ US$47.8380.0011% mcap5.7% of flowCommon StockSEC:0001746448-26-000007:0
Canonical exit: 14 Oct 2026 (T+90)
418.078 shares@ US$47.8380.0011% mcap7.9% of flowCommon StockSEC:0001791771-26-000004:0
Canonical exit: 14 Oct 2026 (T+90)
1,168 sharesCommon StockSEC:0001746448-26-000006:0
1,168 sharesCommon StockSEC:0001961671-26-000001:0
21.954 sharesCommon StockSEC:0001746448-26-000005:0
Canonical exit: 13 Sept 2026 (T+90)
22.946 shares@ US$43.580.0001% mcap0.3% of flowCommon StockSEC:0001746448-26-000004:0
Canonical exit: 14 Jul 2026 (T+90)
25.241 shares@ US$43.580.0001% mcap0.4% of flowCommon StockSEC:0001379195-26-000004:0
Canonical exit: 14 Jul 2026 (T+90)
509 shares@ US$40.0741.0% of flowCommonSEC:0001972807-26-000003:0
24.703 shares@ US$40.48140.3% of flowCommon StockSEC:0001746448-26-000002:0
Canonical exit: 15 Jun 2026 (T+90)
1,637 shares@ US$40.0742.7% of flowCommon StockSEC:0001678773-26-000005:0
24.703 shares@ US$40.84140.4% of flowCommon StockSEC:0001379195-26-000002:0
Canonical exit: 15 Jun 2026 (T+90)
765 shares@ US$40.07100.0% of flowCommon StockSEC:0001190303-26-000003:0
25 of 467 declarations
About German American Bancorp, Inc.
German American Bancorp, Inc. (ticker: GABC) is a U.S. financial holding company listed on the Nasdaq Global Select Market and headquartered in Jasper, Indiana, United States. For international investors, it is best understood as a regional/community banking franchise with a relationship-driven business model rather than a capital-markets-oriented financial institution. The company primarily operates through German American Bank, its core banking subsidiary, and German American Investment Services, Inc., which supports retail brokerage and related wealth-management activities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/714395/000071439526000011/gabc-20251231.htm?utm_source=openai))
Founded in 1910, German American Bancorp has more than a century of operating history in the Midwest. Its traditional banking model is centered on deposit gathering and loan origination for consumers, businesses, agricultural borrowers, and real estate clients. In its latest annual report, the company states that its main operating segments are core banking and wealth management services; its insurance operations were no longer included as a primary segment beginning June 1, 2024. The product set is broad for a regional bank: commercial lending, agricultural lending, consumer loans, residential mortgage lending, commercial real estate financing, deposit products, and advisory services for wealth management and brokerage customers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/714395/000071439526000011/gabc-20251231.htm?utm_source=openai))
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Geographically, GABC has historically been anchored in Indiana, but it expanded meaningfully in early 2025 through the acquisition of Heartland BancCorp, completed on February 1, 2025. That transaction extended the company’s footprint into Ohio, particularly Columbus and the greater Cincinnati market, where it operates under the Heartland Bank brand, a division of German American Bank. The acquisition materially broadened the scale of the franchise and reinforced its position as a larger Midwest-focused banking platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/714395/000071439526000011/gabc-20251231.htm?utm_source=openai))
From a competitive perspective, German American Bancorp’s appeal lies in its community-bank positioning, local market knowledge, diversified lending base, and growing wealth-management contribution. The franchise competes with other regional banks by emphasizing customer relationships, prudent underwriting, and a stable, deposit-funded balance sheet. It has also received external recognition that supports its brand image: in February 2025 the company highlighted a second-place ranking in Forbes’ America’s Best Banks 2025 list, and in March 2026 it reported a high ranking in S&P Global Market Intelligence’s community-bank performance rankings. These distinctions suggest that GABC is viewed as a strong-performing regional institution rather than a niche or distressed lender. ([germanamerican.com](https://germanamerican.com/about-us/news-events/earnings_release_q1_2025?utm_source=openai))
Recent developments have been important for the investment case. The company completed the Heartland acquisition in 2025, undertook a partial restructuring of its securities portfolio in 2024, and reported strong 2025 earnings, including a record fourth quarter, followed by a 7% cash dividend increase announced in January 2026. For investors following SEC Form 4 insider transactions, GABC is therefore a Nasdaq-listed banking name in the United States with a classic regional-bank profile, modest diversification into wealth management, and a recent history of strategic expansion and earnings momentum. ([sec.gov](https://www.sec.gov/Archives/edgar/data/714395/000071439526000011/gabc-20251231.htm?utm_source=openai))
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