Previous Close | 24.81 |
Open | 24.99 |
Bid | 21.50 x 2200 |
Ask | 25.92 x 3000 |
Day's Range | 24.50 - 26.95 |
52 Week Range | 16.53 - 26.95 |
Volume | 60,758 |
Avg. Volume | 29,181 |
Market Cap | 236.097M |
Beta (5Y Monthly) | 0.74 |
PE Ratio (TTM) | 12.56 |
EPS (TTM) | 2.06 |
Earnings Date | Jan 22, 2021 |
Forward Dividend & Yield | 1.00 (4.03%) |
Ex-Dividend Date | Jan 29, 2021 |
1y Target Est | N/A |
Ames National Inc (NASDAQ:ATLO) was trading 3.3% higher from the previous closing price. A Form 4 filing filed with the SEC on Wednesday, December 9 showed that Larson James R Ii bought 500 shares at an average price of $22.90. The transaction moved the executive's stake in Ames National Inc. to 5,500 shares.The Importance of Insider Transactions While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.Insiders buying stock after a notable sell off can indicate an insider's long-term belief in the success of the company; insiders buying stock at new highs can be an indication the exec doesn't feel the stock is overvalued. Insiders who sell stock at new lows could be anticipating some capitulation moment. If the insider sells at new highs, it could point to the intention to "take some profit" and "lock in a gain."Important Transaction Codes Investors prefer focusing on transactions which take place in the open market, indicated in the Form 4 with codes P for purchase and S for sale. An open-market transaction means the insider went into the market of their own volition and made an active decision about the potential path for a company and its stock moving forward.Transaction codes other than P or S are often viewed with less conviction as they are often not tied to a decision by the exec. As an example, transaction code C indicates the conversion of an option. Transaction code A indicates the insider may have been forced to sell shares in order to receive compensation the exec was promised upon being hired by a company.See more from Benzinga * Click here for options trades from Benzinga * Insider Sells Aflac's Shares * Why Is It Moving? Looking At Recon Technology's Price Action Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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It looks like Ames National Corporation (NASDAQ:ATLO) is about to go ex-dividend in the next 4 days. If you purchase...