Michael B Hobbs - Net Worth and Insider Trading
Michael B Hobbs Net Worth
The estimated net worth of Michael B Hobbs is at least $3 Million dollars as of 2024-12-24. Michael B Hobbs is the EVP, President and COO of Independent Bank Group Inc and owns about 38,092 shares of Independent Bank Group Inc (IBTX) stock worth over $2 Million. Michael B Hobbs is also the President, Guaranty Bank of Guaranty Bancorp and owns about 42,950 shares of Guaranty Bancorp (GBNK) stock worth over $891,213. Details can be seen in Michael B Hobbs's Latest Holdings Summary section.
Disclaimer: The insider information is derived from SEC filings. The estimated net worth is based on the final shares held after open market or private purchases and sales of common stock with a transaction code of "P" or "S" on Form 4, assuming that Michael B Hobbs has not made any transactions after 2023-05-08 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of Michael B Hobbs
Michael B Hobbs Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, Michael B Hobbs owns 2 companies in total, including Independent Bank Group Inc (IBTX) , and Guaranty Bancorp (GBNK) .
Click here to see the complete history of Michael B Hobbs’s form 4 insider trades.
Insider Ownership Summary of Michael B Hobbs
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| IBTX | Independent Bank Group Inc | 2023-05-08 | EVP/ Chief Lending Officer |
| GBNK | Guaranty Bancorp | 2018-12-31 | President & Guaranty Bank |
Michael B Hobbs Latest Holdings Summary
Michael B Hobbs currently owns a total of 2 stocks. Among these stocks, Michael B Hobbs owns 38,092 shares of Independent Bank Group Inc (IBTX) as of May 8, 2023, with a value of $2 Million and a weighting of 72.27%. Michael B Hobbs also owns 42,950 shares of Guaranty Bancorp (GBNK) as of February 13, 2018, with a value of $891,213 and a weighting of 27.73%.
Latest Holdings of Michael B Hobbs
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| IBTX | Independent Bank Group Inc | 2023-05-08 | 38,092 | 60.98 | 2,322,850 |
| GBNK | Guaranty Bancorp | 2018-02-13 | 42,950 | 20.75 | 891,213 |
Holding Weightings of Michael B Hobbs
Michael B Hobbs Form 4 Trading Tracker
According to the SEC Form 4 filings, Michael B Hobbs has made a total of 6 transactions in Independent Bank Group Inc (IBTX) over the past 5 years, including 1 buys and 5 sells. The most-recent trade in Independent Bank Group Inc is the acquisition of 2,400 shares on May 8, 2023, which cost Michael B Hobbs around $75,192.
According to the SEC Form 4 filings, Michael B Hobbs has made a total of 0 transactions in Guaranty Bancorp (GBNK) over the past 5 years. The most-recent trade in Guaranty Bancorp is the sale of 4,770 shares on February 13, 2018, which brought Michael B Hobbs around $133,083.
Insider Trading History of Michael B Hobbs
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Michael B Hobbs Trading Performance
GuruFocus tracks the stock performance after each of Michael B Hobbs's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by Michael B Hobbs is 31.57%. GuruFocus also compares Michael B Hobbs's trading performance to market benchmark return within the same time period. The performance of stocks bought by Michael B Hobbs within 3 months outperforms 3 times out of 3 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how Michael B Hobbs's insider trading performs compared to the benchmark.
Performance of Michael B Hobbs
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | 14.62 | | | | | |
| Relative Return to S&P 500(%) | 15.4 | | | | | |
Michael B Hobbs Ownership Network
Michael B Hobbs Owned Company Details
What does Independent Bank Group Inc do?
Who are the key executives at Independent Bank Group Inc?
Michael B Hobbs is the EVP/ Chief Lending Officer of Independent Bank Group Inc. Other key executives at Independent Bank Group Inc include EVP & Chief Financial Officer Paul B Langdale , EVP & Chief Accounting Officer Brenda K Montgomery , and director & Vice Chairman and CRO Daniel W Brooks .
Independent Bank Group Inc (IBTX) Insider Trades Summary
In summary, during the past 3 months, insiders sold 0 shares of Independent Bank Group Inc (IBTX) in total and bought 0 shares, with a net sale of 0 shares. During the past 18 months, 0 shares of Independent Bank Group Inc (IBTX) were sold and 0 shares were bought by its insiders, resulting in a net sale of 0 shares.
Independent Bank Group Inc (IBTX)'s detailed insider trading history can be found in Insider Trading Tracker table.
Independent Bank Group Inc Insider Transactions
Michael B Hobbs Mailing Address
Above is the net worth, insider trading, and ownership report for Michael B Hobbs. You might contact Michael B Hobbs via mailing address: 1331 17th Street, Suite 200, Denver Co 80202.
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