Major HBT Financial Stock Sale by Insider: What This Means for Investors

Major HBT Financial Stock Sale by Insider: What This Means for Investors

New insider activity at HBT Financial ( (HBT) ) has taken place on February 14, 2025.

EC Fred L. Drake has recently sold 5,000 shares of HBT Financial stock, generating a total sale value of $125,100.

Recent Updates on HBT stock

HBT Financial’s recent developments have been marked by strong fourth-quarter 2024 earnings, with a net income of $20.3 million and an adjusted EPS of $0.62, surpassing consensus estimates. The company’s performance was driven by a resilient net interest margin and robust asset quality, despite challenges from Federal Reserve rate cuts. Piper Sandler adjusted their price target slightly downwards due to a cautious stance on loan growth, while Keefe Bruyette increased their target following the positive earnings report. HBT also announced a dividend increase and a new stock repurchase program, highlighting their solid financial standing and strategic positioning for future growth.

More about HBT Financial

YTD Price Performance: 12.99%

Average Trading Volume: 36,443

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $774.2M

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