20 Small-Cap Stocks Insiders Were Buying in Q1 2025

4. German American Bancorp, Inc. (NASDAQ:GABC)

Number of insiders buying: 6

Market Capitalization: $1.31 billion

German American Bancorp is a financial holding company that operates German American Bank, offering retail and commercial banking services, as well as wealth management services. The Jasper, Indiana-based company provides various banking products, including loans, deposits, and investment services, through its Core Banking and Wealth Management segments. On February 2, German American Bancorp completed its merger with Heartland BancCorp, the parent company of Heartland Bank.

During the first quarter, six insiders acquired around $59,288 worth of German American Bancorp shares at an average price of $39.39 per share. Currently, the stock trades at $34.96 per share, having lost 13.98% since the beginning of the year. Over the past 12 months, German American Bancorp shares returned 3.77%.

For the full year 2024, the company reported earnings of $83.81 million, or $2.83 per share, down from net income of $85.89 million, or $2.91 per share in 2023. This level of reported annual earnings resulted in a 12.2% return on average shareholders’ equity, marking the 20th consecutive fiscal year in which German American Bancorp has delivered a double-digit return on shareholders’ equity. The company also announced a 7.4% increase to its quarterly dividend, marking the 13th consecutive year of increased cash dividends.

German American Bank ranked second on Forbes’ America’s Best Banks 2025 list, making it the highest-ranked bank serving Indiana, Kentucky, and Ohio.

According to TipRanks, three analysts rate German American Bancorp as a “Moderate Buy” with a price target of $48.33 per share. The average price target suggests a 38.24% upside from the latest price.