medium
Buy
4,000 shares
$65,640
Significance
4/10
Director MAGNESEN LARRY S buys 4,000 shares of HBNC at $16.41; holdings increase 122.6% to 7,262 shares
Director MAGNESEN LARRY S purchased 4,000 shares at $16.41 on 2025-11-24, increasing his holdings by 122.6% from 3,262 to 7,262 shares. The transaction totaled $65,640.00. While the purchase represents a material addition to his position, context requires caution: the company reported net income of $-221,990,000.00 (a substantial net loss), and the current stock price of $17.06 stands -8.2% from the 52-week high of $18.59. The P/E ratio of 21.06 is derived from negative earnings, which is typically an unreliable valuation metric and signals fundamental challenges.