10 Top Insider Stock Buys And Sells In January

7. Isabella Bank Corporation (OTCMKTS:ISBA)

Number of insiders buying: 10

Market Cap: $184.14 million

Isabella Bank is the parent holding company of more than a century-old Isabella Bank. The Michigan-headquartered state-chartered community bank was founded in 1903. The Bank provides investment, trust, and estate planning services, as well as personal and commercial lending and deposit products.

In January, 10 insiders, including the President and CEO, CFO, and COO, bought a total of approximately $87,434.56 worth of Isabella Bank shares at an average price of $25.37 per share. Out of the total amount, the company’s CEO, E Jerome Schwind, acquired 16 shares at a price of $24.69, increasing his holdings to 28,482 at the time. Then in February, Schwind purchased more shares and is now holding around 30,560 Isabella Bank shares.

Currently, the stock is 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%.

Isabela Bank reported a net income of $13.9 million, or $1.86 per share on a diluted basis for the full year 2024. This compares to net income of $18.2 million and $2.40 per share on a diluted basis in 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.

As per data from TipRanks, one Wall Street analyst rates Isabella Bank stock as “Hold,” and has a price target of $28.00 on it, which is a 10.06% increase from the last price.