German American Bancorp (GABC) Insider Scott Buys 1,168 Shares
Gregory Scott Mccomb bought 1,168 shares of German American Bancorp on June 29, 2026, amid other insider purchases.
Reviewed by automated data checks against the source filing. How we make and check alerts
Mccomb Gregory Scott bought 1,168 shares of German American Bancorp, Inc. ($GABC) on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $GABC is up 0.9% after 1 week, up 9.0% after 1 month and up 6.7% to date (from the $46.78 close on Jun 29, 2026).
Key Points
- On June 29, 2026, insider Mccomb Gregory Scott purchased 1,168 shares of German American Bancorp at a price of $47.46 per share, totaling approximately $55,560.
- German American Bancorp's stock is currently trading near its 52-week high of $52.23, following a strong revenue growth of 11% in its latest earnings report.
- Analysts have set a mean price target of $56.20 for German American Bancorp, suggesting potential upside based on recent performance.
Get $GABC trade alerts by text
We text you when insiders, Congress or big funds trade $GABC. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated German American Bancorp, Inc. alert may contain errors. Disclosures
On June 29, 2026, Mccomb Gregory Scott, an insider at German American Bancorp, Inc. (NasdaqGS: GABC), bought 1,168 shares valued at about $55,560 based on the current share price of $47.46. This purchase adds to several others made by insiders on the same day.
Inside Mccomb Gregory Scott's Trade
Gregory Scott Mccomb acquired 1,168 shares on June 29, 2026. This purchase shows continued insider interest in German American Bancorp, which operates in the financial services sector, primarily offering banking and wealth management services.
Other Institutional Activity in German American Bancorp
Blackrock Inc. holds 2,995,249 shares of German American Bancorp, having increased its stake by 288,780 shares. Franklin Resources, Inc. has 1,960,565 shares after adding 80,107 shares to its position. Vanguard Capital Management LLC owns 1,544,442 shares, up by 21,324 shares. Charles Schwab Investment Management, Inc. holds 1,270,252 shares, having increased its holdings by 117,573 shares. Dimensional Fund Advisors LP has 1,265,181 shares after a gain of 45,259 shares.
German American Bancorp, Inc. Stock Down 4.2%
Currently, German American Bancorp's stock trades near its 52-week high of $52.23. The stock is up from its earlier price of $49.13, reflecting a solid performance in the market. The company's P/E ratio stands at 12.94, indicating it is relatively valued compared to its earnings.
Recent Earnings
In its most recent earnings report, German American Bancorp showcased revenue of approximately $379.8 million, representing an 11% growth year-over-year. The company's earnings per share (EPS) was $3.80 with a net margin of 37.4%. The next earnings report is scheduled for October 26, 2026.
Insider Buying and Selling at German American Bancorp, Inc.
On June 29, 2026, several insiders at German American Bancorp purchased shares. Andrew Seger, Jason Kelly, Susan Ellspermann, and Christina Ryan each bought 1,168 shares, indicating a shared interest in the company’s future.
Analysts Set New Price Targets
On July 30, 2026, Piper Sandler reiterated an "Overweight" rating on German American Bancorp with a price target of $60.00, raised from a prior target of $51.00. Keefe Bruyette & Woods maintained a "Market Perform" rating, setting its target at $51.00, up from $47.00.
About German American Bancorp
German American Bancorp, Inc. operates as a financial holding company for German American Bank, based in Jasper, IN. The bank provides a range of banking and wealth management services, catering to both retail and commercial customers.
Bottom Line
Insider buying can often hint at confidence in a company's future. With multiple insiders purchasing shares recently, it's a point of interest for investors. Keep an eye on the upcoming earnings report on October 26, 2026, for further insights into the company's performance.
Source: Mccomb Gregory Scott's Form 4 filing on $GABC (Jun 29, 2026). Find the original filing: GABC Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts