David Hardy Buys Stock Yards Bancorp Shares

David Hardy, an insider at Stock Yards Bancorp, Inc. (NasdaqGS: SYBT), purchased 55 shares of the company on June 17, 2026. He bought these shares at an average price of $72.32 each, amounting to a total investment of $3,977.60. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in Stock Yards Bancorp

BlackRock, Inc. increased its holdings in Stock Yards Bancorp by 24,424 shares, bringing its total to 1,949,865 shares valued at approximately $129.26 million. Meanwhile, Kayne Anderson Rudnick Investment Management LLC reduced its stake by 60,037 shares, holding 1,326,827 shares worth $87.96 million. Stock Yards Bank & Trust Co also trimmed its position by 19,733 shares, ending with 1,318,644 shares valued at $87.41 million. In contrast, Vanguard Capital Management LLC made a significant addition, acquiring 1,166,744 shares, now holding shares worth about $77.34 million.

Stock Yards Bancorp Stock Snapshot

Shares of Stock Yards Bancorp are trading near $73.20. The company has a market capitalization of $2.13 billion and a P/E ratio of 14.88. Its stock has seen a 52-week range between $61.51 and $83.83, with a 50-day moving average of $71.67 and a 200-day moving average of $69.02. With a beta of 0.703, the stock is less volatile compared to the market.

Recent Earnings

In its latest earnings report, Stock Yards Bancorp reported revenue of $399.3 million, reflecting a growth rate of 9.4%. The company's net margin stood at 35.93%, and its return on equity was 13.81%. Earnings per share were $4.86. The company is expected to release its next earnings report on July 29, 2026.

Insider Buying and Selling at Stock Yards Bancorp, Inc.

On June 17, 2026, several insiders made transactions in Stock Yards Bancorp. Stephen Priebe and Edwin Saunier both purchased shares, buying 135 and 43 shares, respectively, at $72.32 each. David Hardy also bought 55 shares at the same price. On June 12, 2026, Executive Vice President Thomas Stinnett sold 2,646 shares at $75.58 and purchased 3,606 shares at $40.00.

Analysts Set New Price Targets

On April 27, 2026, Piper Sandler maintained a 'hold' rating for Stock Yards Bancorp with a price target of $78. Keefe, Bruyette & Woods also maintained their 'hold' rating, setting a target of $81 on April 23, 2026. Stephens & Co. maintained a 'hold' rating with a $70 target on the same day. The analyst consensus is a 'hold' rating with a mean price target of $77.20, based on five analyst opinions.

About Stock Yards Bancorp

Stock Yards Bancorp, Inc. is a financial services holding company headquartered in Louisville, Kentucky. It operates through two main segments: Commercial Banking and Wealth Management & Trust (WM&T). The Commercial Banking segment offers a variety of banking services, including loans, deposits, and online banking. The WM&T segment provides investment management, financial planning, and trust services. Led by CEO Mr. James A. Hillebrand, the company employs approximately 1,144 people.

Bottom Line

David Hardy's recent purchase of Stock Yards Bancorp shares highlights ongoing insider interest in the company. The stock is currently trading near its 50-day moving average, with a stable market cap and P/E ratio. Analysts have generally maintained a 'hold' rating, reflecting cautious optimism. As always, remember that insider transactions are disclosed after the fact and may not indicate future performance.