Hilltop Holdings (HTH) stock is rising after the company disclosed that Chairman Jonathan Sobel acquired around $1 million worth of shares through multiple transactions. Sobel purchased 30,000 shares at prices ranging from $31.78 to $32.81. The insider transactions have boosted investor confidence in the banking services provider.
Hilltop Holdings (HTH) stock has seen an uptick in recent trading after Chairman Jonathan Sobel acquired around $1 million worth of shares through multiple transactions. Sobel, who is also the Chairman of Hilltop Securities, purchased 30,000 shares of the company's common stock on August 14, 15, and 18, 2025, for a total amount of $970,400. The transactions were conducted at varying prices, with the weighted average price ranging from $31.78 to $32.81 [2].
This insider activity has sparked interest among investors, boosting confidence in the banking services provider. According to Quiver Quantitative, insiders have traded HTH stock 3 times in the past 6 months, with all trades being purchases. Sobel alone has made 3 purchases, buying 30,000 shares for an estimated $970,400, increasing his holdings by approximately 26.7% [1].
Institutional investors have also shown significant interest in HTH stock. In the most recent quarter, 89 institutional investors added shares to their portfolios, while 139 decreased their positions. Notable moves include Janus Henderson Group PLC removing 672,990 shares from its portfolio and UBS Group AG adding 309,933 shares [1].
Congressional stock trading also saw activity with Representative Lisa C. McClain trading HTH stock 2 times in the past 6 months, with one purchase and one sale [1].
These developments indicate a positive trend for Hilltop Holdings, with insider and institutional confidence in the company's stock.
References:
[1] https://www.quiverquant.com/news/Insider+Purchase%3A+Hilltop+Securities+Chairman+of+%24HTH+Buys+10%2C000+Shares
[2] https://www.tradingview.com/news/tradingview:3ed6264e3b1d4:0-hilltop-holdings-director-jonathan-s-sobel-acquires-30-000-shares/
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