Curtis A. Hoff Buys 1,000 Shares of Ames National Co. (ATLO) Stock
Ames National Co. (NASDAQ:ATLO) insider Curtis A. Hoff bought 1,000 shares of the business’s stock in a transaction on Friday, September 14th. The stock was bought at an average cost of $27.25 per share, with a total value of $27,250.00. Following the transaction, the insider now owns 6,000 shares in the company, valued at approximately $163,500. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
NASDAQ:ATLO traded up $0.10 during trading hours on Friday, reaching $27.00. The company had a trading volume of 29,778 shares, compared to its average volume of 7,047. Ames National Co. has a 52 week low of $26.00 and a 52 week high of $32.15. The company has a market cap of $255.12 million, a PE ratio of 16.71 and a beta of 0.69.
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Thursday, November 1st will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Wednesday, October 31st.
Separately, BidaskClub raised shares of Ames National from a “hold” rating to a “buy” rating in a research report on Thursday, June 28th.
About Ames National
Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central and north central Iowa counties of Boone, Hancock, Marshall, Polk, and Story. The company offers a range of deposits, including checking accounts, savings accounts, time deposits, money market accounts, demand deposits, and certificates of deposit; and loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans, and mortgage loans for sale into the secondary market, as well as agricultural and business operating loans and lines of credit.
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