Independent Bank Group Inc (IBTX)’s President and COO Buys Shares Worth $11,932


 Torry Bernsten, President and Chief Operating Officer at Independent Bank Group Inc (NASDAQ:IBTX) has recently reported the acquisition of 250 shares of Common Stock. These were bought on Tuesday, September 16, at a price of $47,73 per share, for a total value of $11,932. Following the transaction, Mr. Bernsten directly owns 68,579 securities of the $815.29 million market cap firm.

In the same way, Independent Bank Group Inc (NASDAQ:IBTX)’s major hedge fund shareholders have also decided to increase their exposure to the bank holding company last quarter. Chuck Royce’s fund, Royce and Associates – owner of 172,500 shares – and Paul Magidson, Jonathan Cohen and Ostrom Enders’ fund, Castine Capital Management – owner of 154,000 shares –  have done so by 2% and 3%, respectively. Also, Hutchin Hill Capital, Neil Chriss’ fund which holds 125,000 securities, has expanded its participation in  Independent Bank Group Inc (NASDAQ:IBTX) by 32%.


Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned. 

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