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Director Medley Diane B. of German American Bancorp (NASDAQ:GABC), Inc. EXCHANGE:GABC, a $1.4 billion market cap regional bank, has recently purchased 882 shares of common stock at $37.951 per share, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the purchase was $33,472. InvestingPro analysis suggests the stock is currently undervalued, with analysts setting price targets between $43 and $52.
Following the transaction on August 4, 2025, Medley Diane B. indirectly holds 6252 shares of German American Bancorp, Inc. The shares are held in an IRA. The bank has maintained dividend payments for 33 consecutive years, with a current yield of 3.06% and recent dividend growth of 7.4%. InvestingPro subscribers can access 5 additional key insights about GABC’s financial health and growth prospects.
In other recent news, German American Bancorp has appointed Andrew Seger to its corporate board of directors, effective July 1, 2025. Seger is currently the Chief Financial Officer and Senior Vice President of Sales at Wabash Valley Produce, a significant egg product supplier in the United States. This appointment adds a new dimension to the board, as Seger brings extensive experience from his current role. The decision reflects the company’s ongoing efforts to strengthen its leadership team. This development is part of German American Bancorp’s broader strategy to enhance its governance structure. Seger’s appointment is expected to contribute to the company’s future growth and operational strategies. These recent developments underscore the company’s commitment to reinforcing its board with experienced professionals.
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