Michael B Hobbs - Net Worth and Insider Trading
Michael B Hobbs Net Worth
The estimated net worth of Michael B Hobbs is at least $2 Million dollars as of 2024-04-28. 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 $1 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 assumption that Michael B Hobbs has not made any transactions after 2023-05-08 and currently still holds the listed stock(s).
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 $1 Million and a weighting of 62.71%. Michael B Hobbs also owns 42,950 shares of Guaranty Bancorp (GBNK) as of February 13, 2018, with a value of $891,213 and a weighting of 37.29%.
Latest Holdings of Michael B Hobbs
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| IBTX | Independent Bank Group Inc | 2023-05-08 | 38,092 | 39.34 | 1,498,539 |
| 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
57.06%
Outperforming Transactions
100%
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | 14.62 | 31.57 | 35.9 | 57.06 | 45.13 | 31.86 |
| Relative Return to S&P 500(%) | 15.4 | 24.6 | 28.91 | 42.48 | 27.12 | 13.64 |
Michael B Hobbs Ownership Network
Ownership Network List of Michael B Hobbs
Ownership Network Relation of Michael B Hobbs
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
Over the past 18 months, Michael B Hobbs made 1 insider transaction in Independent Bank Group Inc (IBTX) with a net purchase of 2,400. Other recent insider transactions involving Independent Bank Group Inc (IBTX) include a net purchase of 1,000 shares made by Paul B Langdale , a net purchase of 5,000 shares made by David R Brooks , and a net purchase of 3,000 shares made by Daniel W Brooks .
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 14,548 shares were bought by its insiders, resulting in a net purchase of 14,548 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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