|Bid||18.50 x 900|
|Ask||20.99 x 1100|
|Day's Range||19.60 - 20.10|
|52 Week Range||16.53 - 28.70|
|Beta (5Y Monthly)||0.73|
|PE Ratio (TTM)||10.19|
|Earnings Date||Oct 16, 2020|
|Forward Dividend & Yield||1.00 (5.00%)|
|Ex-Dividend Date||Oct 29, 2020|
|1y Target Est||N/A|
Nelson John Patrick filed a Form 4 with the SEC on Tuesday, September 15. The insider bought 1,346 shares of Ames National Inc (NASDAQ:ATLO) at an average price of $18.58. After the transaction, the executive's stake in Ames National Inc. moved to 10,936 shares. Shares of Ames National were trading unchanged from the previous closing price.Why Insider Transactions Are Important? 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."Transaction Codes To Focus On Wall Street tends to focus on insider transactions which take place in the open market, viewed inside a Form 4 filing via codes P for purchase and S for sale. If the transaction was an open-market transaction, that means that the insider made a concious decision for the company's 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 * Insider Buys Cambridge's Stock * Insider Buys Advanzeon Solutions Stock * Price Over Earnings Overview: Seagate Technology(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]