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.

A number of large investors have recently bought and sold shares of ATLO. Dimensional Fund Advisors LP grew its position in Ames National by 62.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 37,653 shares of the financial services provider’s stock worth $1,035,000 after purchasing an additional 14,464 shares during the period. Maltese Capital Management LLC grew its position in Ames National by 415.5% in the 1st quarter. Maltese Capital Management LLC now owns 15,188 shares of the financial services provider’s stock worth $418,000 after purchasing an additional 12,242 shares during the period. Schwab Charles Investment Management Inc. grew its position in Ames National by 25.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 19,516 shares of the financial services provider’s stock worth $603,000 after purchasing an additional 4,016 shares during the period. Royce & Associates LP grew its position in Ames National by 4.9% in the 2nd quarter. Royce & Associates LP now owns 504,485 shares of the financial services provider’s stock worth $15,563,000 after purchasing an additional 23,409 shares during the period. Finally, BlackRock Inc. grew its position in Ames National by 6.7% in the 2nd quarter. BlackRock Inc. now owns 565,580 shares of the financial services provider’s stock worth $17,448,000 after purchasing an additional 35,521 shares during the period. 24.02% of the stock is owned by institutional investors and hedge funds.

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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Insider Buying and Selling by Quarter for Ames National (NASDAQ:ATLO)

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