10 Stocks Insiders Are Buying This Year

2. Isabella Bank Corp (OTCMKTS:ISBA)

Number of Insiders Buying: 10

Isabella Bank is the parent holding company of Isabella Bank, a state-chartered community bank with headquarters in Michigan. Isabella Bank was established in 1903 and has been committed to serving its customers’ and communities’ local banking needs for over 120 years. The Bank offers personal and commercial lending and deposit products, as well as investment, trust, and estate planning services.

This year, 10 insiders, including the President and CEO, CFO, acquired a total of around $95.684 worth of Isabella Bank shares at an average price of $25.14 per share. The stock is currently trading at $25.44, having lost 1.78% since the beginning of the year. Over the past 12 months, the company’s shares have gone up 24.10%.

For the full 2024, the company disclosed a net income of $13.9 million, or $1.86 per diluted share, compared to $18.2 million, or $2.40 per diluted share for 2023. The non-GAAP measure of 2024 core earnings was $15.0 million, or $2.01 per diluted share, compared to $18.0 million, or $2.37 per diluted share, in 2023.

One Wall Street analyst has a “Hold” rating on Isabella Bank stock, with a price target of $28, according to data from TipRanks.