Insider Trading Alert - HBNC, MKSI And BDN Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Friday, May 15, 2015, 111 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,266.50 to $281,749,912.50.

Highlighted Stocks Traded by Insiders:

Horizon Bancorp (IN (HBNC) - FREE Research Report

Pairitz Peter L, who is Director at Horizon Bancorp (IN, bought 904 shares at $23.30 on May 15, 2015. Following this transaction, the Director owned 86,654 shares meaning that the stake was boosted by 1.05% with the 904-share transaction.

The shares most recently traded at $23.44, up $0.14, or 0.6% since the insider transaction. Historical insider transactions for Horizon Bancorp (IN go as follows:

  • 4-Week # shares bought: 1,500
  • 12-Week # shares bought: 2,500
  • 24-Week # shares bought: 2,500

The average volume for Horizon Bancorp (IN has been 19,100 shares per day over the past 30 days. Horizon Bancorp (IN has a market cap of $217.2 million and is part of the financial sector and banking industry. Shares are down 9.98% year-to-date as of the close of trading on Friday.

Horizon Bancorp operates as the bank holding company for Horizon Bank, N.A. that provides commercial and retail banking services in Northwestern and Central Indiana and Southwest Michigan. The stock currently has a dividend yield of 2.38%. The company has a P/E ratio of 11.4. Currently, there are 2 analysts who rate Horizon Bancorp (IN a buy, no analysts rate it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on HBNC - FREE

TheStreet Quant Ratings rates Horizon Bancorp (IN as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Horizon Bancorp (IN Ratings Report from TheStreet Quant Ratings now.

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