
Wasatch Advisors Inc decreased its stake in Independent Bank Corp Mass (INDB) by 32.38% based on its latest 2019Q1 regulatory filing with the SEC. Wasatch Advisors Inc sold 226,025 shares as the company’s stock declined 1.87% . The institutional investor held 471,977 shares of the major banks company at the end of 2019Q1, valued at $38.24M, down from 698,002 at the end of the previous reported quarter. Wasatch Advisors Inc who had been investing in Independent Bank Corp Mass for a number of months, seems to be less bullish one the $2.55B market cap company. The stock decreased 0.13% or $0.1 during the last trading session, reaching $74.19. About 74,347 shares traded. Independent Bank Corp. (NASDAQ:INDB) has declined 12.23% since August 4, 2018 and is downtrending. It has underperformed by 12.23% the S&P500. Some Historical INDB News: 23/05/2018 – OTC Markets Group Welcomes Citizens Independent Bancorp to OTCQX; 09/04/2018 – Independent Bank Corp.’s First Quarter Earnings Press Release