Private Management Group Inc. Reduces Stake in Old National Bancorp

The firm sold 85,349 shares of the bank's stock in the third quarter.

Mar. 14, 2026 at 9:21am

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Private Management Group Inc. reduced its position in Old National Bancorp (NASDAQ:ONB) by 13.6% in the third quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 540,887 shares of the bank's stock, worth approximately $11.9 million.

Why it matters

This filing provides insight into the investment decisions and portfolio changes of Private Management Group Inc., a notable institutional investor in Old National Bancorp. Tracking changes in institutional ownership can help investors understand market sentiment and potential future performance of the stock.

The details

Private Management Group Inc. sold 85,349 shares of Old National Bancorp during the third quarter, reducing its total stake in the bank by 13.6%. The firm now owns approximately 0.14% of Old National Bancorp's outstanding shares.

  • Private Management Group Inc. filed the Form 13F disclosing the stake reduction in the third quarter of 2026.

The players

Private Management Group Inc.

An investment management firm that reduced its position in Old National Bancorp.

Old National Bancorp

A regional financial services firm headquartered in Evansville, Indiana, providing a range of commercial and consumer banking services.

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The takeaway

This filing highlights the ongoing portfolio adjustments of a major institutional investor in Old National Bancorp, providing insight into market sentiment and potential future performance of the stock.