Insider Buying: Auburn National Bancorporation, Inc. (NASDAQ:AUBN) CEO Buys $176,000.00 in Stock

Posted by Doug Madison on May 2nd, 2024

Auburn National Bancorporation, Inc. (NASDAQ:AUBN – Get Free Report) CEO David A. Hedges bought 10,000 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was acquired at an average price of $17.60 per share, for a total transaction of $176,000.00. Following the acquisition, the chief executive officer now directly owns 11,663 shares in the company, valued at $205,268.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Auburn National Bancorporation Price Performance

Shares of AUBN opened at $18.10 on Thursday. The company has a market capitalization of $63.17 million, a price-to-earnings ratio of 78.70 and a beta of 0.49. Auburn National Bancorporation, Inc. has a fifty-two week low of $16.61 and a fifty-two week high of $23.20. The business’s 50-day moving average is $19.01 and its 200-day moving average is $20.20.

Auburn National Bancorporation (NASDAQ:AUBN – Get Free Report) last announced its quarterly earnings results on Monday, January 29th. The financial services provider reported ($1.14) EPS for the quarter. The firm had revenue of $0.63 million during the quarter. Auburn National Bancorporation had a net margin of 4.44% and a return on equity of 1.15%.

Auburn National Bancorporation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were paid a $0.27 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.08 annualized dividend and a dividend yield of 5.97%. Auburn National Bancorporation’s payout ratio is 469.57%.

Auburn National Bancorporation Company Profile

(Get Free Report)

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.