ACNB Co. (NASDAQ:ACNB) Director David L. Sites bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, December 6th. The shares were acquired at an average cost of $35.00 per share, for a total transaction of $35,000.00. Following the completion of the purchase, the director now owns 30,946 shares in the company, valued at $1,083,110. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
ACNB traded up $1.24 during trading hours on Friday, hitting $36.99. 6,796 shares of the company’s stock were exchanged, compared to its average volume of 9,448. ACNB Co. has a 12-month low of $27.30 and a 12-month high of $41.45. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.51. The company has a market cap of $251.76 million, a P/E ratio of 12.12 and a beta of 0.18.
ACNB (NASDAQ:ACNB) last announced its quarterly earnings data on Thursday, October 25th. The bank reported $0.86 EPS for the quarter. ACNB had a net margin of 24.22% and a return on equity of 13.04%. The company had revenue of $18.54 million for the quarter.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Thursday, November 29th.
Several large investors have recently made changes to their positions in ACNB. SG Americas Securities LLC purchased a new stake in shares of ACNB in the 3rd quarter valued at approximately $104,000. Acadian Asset Management LLC purchased a new stake in shares of ACNB in the 2nd quarter valued at approximately $117,000. MetLife Investment Advisors LLC purchased a new stake in shares of ACNB in the 3rd quarter valued at approximately $201,000. Commonwealth Equity Services LLC purchased a new stake in shares of ACNB in the 2nd quarter valued at approximately $208,000. Finally, Rhumbline Advisers purchased a new stake in shares of ACNB in the 2nd quarter valued at approximately $229,000. 21.50% of the stock is currently owned by institutional investors.
Separately, BidaskClub downgraded shares of ACNB from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 27th.
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ACNB Company Profile
ACNB Corporation operates as the financial holding company for ACNB Bank that provides various banking and financial services to individual, business, and government customers primarily in Pennsylvania. The company accepts deposit products, including interest and non-interest checking, savings, and money market accounts, as well as time deposits.
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