Hoyne Bancorp
HYNE on Nasdaq. Market value $134m.
Should I look at this?
Look carefully before going further
Why it could be worth it
Nothing stands out yet.
What to watch out for
Read the warning sign in its own filings
This is not advice.
Who owns it
None of the long-term investors we follow own it. 30 funds in all.
Sold out this quarter
- GAMCO InvestorsMario GabelliSold out
Largest holders overall
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- Vanguard Capital ManagementPassive investor5.1%Since 31 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Vanguard Capital Management Passive investor | 5.1% | 31 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 10 insiders bought $2m of shares on the open market.
- Rosenbaum Steven F.DirectorBought
- Date
- 28 August 2026
- Shares
- 200
- Price
- $16.56
- Value
- $3,312
- Healy Walter FPresident, CEO and Director, DirectorBought
- Date
- 25 August 2026
- Shares
- 1,500
- Price
- $16.59
- Value
- $24,885
- Healy Walter FPresident, CEO and Director, DirectorBought
- Date
- 24 August 2026
- Shares
- 48
- Price
- $16.36
- Value
- $785
- Healy Walter FPresident, CEO and Director, DirectorBought
- Date
- 11 June 2026
- Shares
- 1,537
- Price
- $16.28
- Value
- $25,022
- Manfre Thomas S.EVP and CFOBought
- Date
- 11 June 2026
- Shares
- 61
- Price
- $16.28
- Value
- $993
- Rosenbaum Steven F.DirectorBought
- Date
- 20 May 2026
- Shares
- 400
- Price
- $15.63
- Value
- $6,253
- Manfre Thomas S.EVP AND CFOBought
- Date
- 5 December 2025
- Shares
- 16,242
- Price
- $13.84
- Value
- $224,796
- Healy Walter FPRESIDENT, CEO AND DIRECTOR, DirectorBought
- Date
- 4 December 2025
- Shares
- 14,284
- Price
- $13.66
- Value
- $195,119
- Manfre Thomas S.EVP AND CFOBought
- Date
- 3 December 2025
- Shares
- 1,975
- Price
- $10.00
- Value
- $19,750
- Healy Walter FPRESIDENT, CEO AND DIRECTOR, DirectorBought
- Date
- 3 December 2025
- Shares
- 23,925
- Price
- $10.00
- Value
- $239,250
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 28 August 2026 | Rosenbaum Steven F. Director | Bought | 200 | $16.56 | $3,312 |
| 25 August 2026 | Healy Walter F President, CEO and Director, Director | Bought | 1,500 | $16.59 | $24,885 |
| 24 August 2026 | Healy Walter F President, CEO and Director, Director | Bought | 48 | $16.36 | $785 |
| 11 June 2026 | Healy Walter F President, CEO and Director, Director | Bought | 1,537 | $16.28 | $25,022 |
| 11 June 2026 | Manfre Thomas S. EVP and CFO | Bought | 61 | $16.28 | $993 |
| 20 May 2026 | Rosenbaum Steven F. Director | Bought | 400 | $15.63 | $6,253 |
| 5 December 2025 | Manfre Thomas S. EVP AND CFO | Bought | 16,242 | $13.84 | $224,796 |
| 4 December 2025 | Healy Walter F PRESIDENT, CEO AND DIRECTOR, Director | Bought | 14,284 | $13.66 | $195,119 |
| 3 December 2025 | Manfre Thomas S. EVP AND CFO | Bought | 1,975 | $10.00 | $19,750 |
| 3 December 2025 | Healy Walter F PRESIDENT, CEO AND DIRECTOR, Director | Bought | 23,925 | $10.00 | $239,250 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
1 serious warning sign in Hoyne Bancorp’s filings.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 26 Mar 2026, plus the 10-Q filed 11 Aug 2026 and 2 later 8-Ks.
Weak checks on its own accounts
SeriousThe company said its checks on its own accounts did not work at year end. Mistakes could slip into the numbers.
“As a result of these deficiencies a material weakness in internal control over financial reporting existed, and the Company’s management concluded that the Company did not maintain effective internal control over financial reporting, at December 31, 2025.”
From the 10-K filed 26 March 2026, Item 9A. Controls and Procedures. Read it in the filing
Changed auditor
Worth knowingThe company changed its auditor (the firm that checks its books) in the last two years.
“On June 22, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Hoyne Bancorp, Inc. (the “Company”) dismissed Wipfli LLP (“Wipfli”) as the Company’s independent registered public accounting firm, effective immediately.”
From an 8-K filed 24 June 2026: Change of auditor. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.