Old National Bancorp (NASDAQ:ONB) CEO Sells $310,872.11 in Stock

Posted by George Bondi on Aug 3rd, 2026

Old National Bancorp (NASDAQ:ONB – Get Free Report) CEO Chady Alahmar sold 11,771 shares of Old National Bancorp stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $26.41, for a total transaction of $310,872.11. Following the transaction, the chief executive officer owned 63,531 shares in the company, valued at approximately $1,677,853.71. The trade was a 15.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Old National Bancorp Price Performance

Shares of NASDAQ:ONB opened at $26.64 on Monday. The company’s fifty day moving average is $25.43 and its two-hundred day moving average is $24.16. The company has a market cap of $10.19 billion, a P/E ratio of 11.84 and a beta of 0.84. Old National Bancorp has a 12-month low of $19.39 and a 12-month high of $27.32. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.95.

Old National Bancorp (NASDAQ:ONB – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The bank reported $0.65 EPS for the quarter, topping the consensus estimate of $0.63 by $0.02. The business had revenue of $732.55 million during the quarter, compared to analysts’ expectations of $716.25 million. Old National Bancorp had a return on equity of 11.80% and a net margin of 21.60%.Old National Bancorp’s revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.53 earnings per share. Equities analysts expect that Old National Bancorp will post 2.6 earnings per share for the current fiscal year.

Old National Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a dividend of $0.145 per share. The ex-dividend date was Friday, June 5th. This represents a $0.58 dividend on an annualized basis and a yield of 2.2%. Old National Bancorp’s dividend payout ratio (DPR) is presently 25.78%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on ONB shares. UBS Group initiated coverage on Old National Bancorp in a report on Tuesday, July 7th. They issued a “buy” rating and a $32.00 target price on the stock. Jefferies Financial Group restated a “hold” rating and set a $27.00 price target on shares of Old National Bancorp in a report on Wednesday, July 22nd. TD Cowen boosted their price objective on shares of Old National Bancorp from $30.00 to $31.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Barclays upped their price objective on shares of Old National Bancorp from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Finally, Stephens increased their target price on shares of Old National Bancorp from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $29.36.

Get Our Latest Stock Analysis on Old National Bancorp

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Old National Bancorp by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 17,882,650 shares of the bank’s stock valued at $395,193,000 after buying an additional 310,352 shares during the last quarter. State Street Corp grew its stake in shares of Old National Bancorp by 5.6% in the 3rd quarter. State Street Corp now owns 16,665,897 shares of the bank’s stock valued at $365,816,000 after buying an additional 890,309 shares in the last quarter. Geode Capital Management LLC increased its holdings in Old National Bancorp by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 9,678,509 shares of the bank’s stock worth $215,958,000 after buying an additional 91,341 shares during the last quarter. First Trust Advisors LP increased its holdings in Old National Bancorp by 37.5% in the fourth quarter. First Trust Advisors LP now owns 7,188,766 shares of the bank’s stock worth $160,381,000 after buying an additional 1,961,525 shares during the last quarter. Finally, Morgan Stanley raised its position in Old National Bancorp by 69.8% during the fourth quarter. Morgan Stanley now owns 6,776,716 shares of the bank’s stock valued at $151,189,000 after acquiring an additional 2,785,474 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

About Old National Bancorp

(Get Free Report)

Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.

In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.