William John Sempolinski Invests $1.23 Million in Independent Bank Corp. $INDB

Posted by Brenda Bartman on Sep 5th, 2026

William John Sempolinski purchased a new position in Independent Bank Corp. (NASDAQ:INDB – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,689 shares of the bank’s stock, valued at approximately $1,230,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nykredit A S acquired a new stake in Independent Bank during the second quarter valued at approximately $140,000. Teza Capital Management LLC acquired a new position in shares of Independent Bank in the 2nd quarter worth approximately $268,000. Susquehanna Fundamental Investments LLC grew its position in shares of Independent Bank by 288.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 55,150 shares of the bank’s stock worth $4,617,000 after acquiring an additional 40,936 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of Independent Bank in the 2nd quarter valued at approximately $6,958,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Independent Bank during the 2nd quarter valued at approximately $346,000. 83.40% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Gerard F. Nadeau sold 5,307 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $84.69, for a total transaction of $449,449.83. Following the transaction, the director directly owned 16,907 shares of the company’s stock, valued at approximately $1,431,853.83. This trade represents a 23.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas R. Venables sold 3,750 shares of Independent Bank stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $83.00, for a total transaction of $311,250.00. Following the sale, the director owned 17,649 shares in the company, valued at approximately $1,464,867. This represents a 17.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Piper Sandler lifted their price objective on shares of Independent Bank from $84.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Hovde Group started coverage on shares of Independent Bank in a report on Friday, May 15th. They set an “outperform” rating and a $95.00 target price on the stock. Keefe, Bruyette & Woods reduced their price target on shares of Independent Bank from $99.00 to $96.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Independent Bank in a report on Wednesday, August 5th. Finally, Independent Research set a $95.00 price target on shares of Independent Bank in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Independent Bank presently has an average rating of “Moderate Buy” and a consensus target price of $91.86.

View Our Latest Analysis on INDB

Independent Bank Price Performance

Shares of NASDAQ:INDB opened at $83.90 on Friday. The firm’s 50 day moving average is $84.15 and its two-hundred day moving average is $80.59. The firm has a market capitalization of $3.97 billion, a P/E ratio of 15.14 and a beta of 0.76. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.20. Independent Bank Corp. has a 52 week low of $63.33 and a 52 week high of $87.50.

Independent Bank (NASDAQ:INDB – Get Free Report) last issued its quarterly earnings data on Thursday, July 16th. The bank reported $1.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.09). Independent Bank had a return on equity of 9.19% and a net margin of 20.31%.The business had revenue of $253.32 million for the quarter, compared to analyst estimates of $257.50 million. Analysts anticipate that Independent Bank Corp. will post 7.11 earnings per share for the current year.

Independent Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Monday, June 29th were paid a dividend of $0.64 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $2.56 annualized dividend and a yield of 3.1%. Independent Bank’s payout ratio is presently 46.21%.

Independent Bank Profile

(Free Report)

Independent Bank Group, Inc (NASDAQ:INDB) is a bank holding company headquartered in McKinney, Texas, that provides a range of financial services through its wholly owned subsidiary, Independent Bank. Tracing its roots to the late 19th century, the company has grown from a single community bank into a regional financial institution serving individuals, small businesses and commercial clients. Independent Bank Group became a bank holding company in 1983 and expanded its footprint through organic growth and strategic acquisitions.

The company’s primary business activities encompass retail and commercial banking, including deposit products, consumer and business lending and credit services.