American National Bankshares Inc. (NASDAQ:AMNB) VP Ramsey K. Hamadi purchased 1,000 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were purchased at an average price of $30.28 per share, for a total transaction of $30,280.00. Following the purchase, the vice president now owns 12,379 shares in the company, valued at approximately $374,836.12. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

American National Bankshares Inc. (NASDAQ:AMNB) traded up 1.16% during mid-day trading on Friday, reaching $30.50. The company’s stock had a trading volume of 13,566 shares. American National Bankshares Inc. has a one year low of $22.29 and a one year high of $30.90. The firm has a market cap of $262.76 million, a PE ratio of 15.71 and a beta of 0.72. The stock’s 50 day moving average is $27.97 and its 200 day moving average is $26.95.

American National Bankshares (NASDAQ:AMNB) last announced its quarterly earnings data on Thursday, October 20th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.01. American National Bankshares had a net margin of 24.13% and a return on equity of 8.34%. On average, analysts anticipate that American National Bankshares Inc. will post $1.83 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Friday, December 2nd will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend is Wednesday, November 30th. American National Bankshares’s payout ratio is currently 49.74%.

Several hedge funds have recently made changes to their positions in AMNB. Teachers Advisors Inc. boosted its stake in shares of American National Bankshares by 9.9% in the second quarter. Teachers Advisors Inc. now owns 12,855 shares of the financial services provider’s stock valued at $324,000 after buying an additional 1,160 shares during the last quarter. FCG Advisors LLC acquired a new stake in American National Bankshares during the second quarter worth $277,000. O Shaughnessy Asset Management LLC boosted its stake in American National Bankshares by 0.7% in the second quarter. O Shaughnessy Asset Management LLC now owns 12,444 shares of the financial services provider’s stock worth $313,000 after buying an additional 83 shares in the last quarter. Alliancebernstein L.P. acquired a new stake in American National Bankshares during the second quarter worth $201,000. Finally, BlackRock Investment Management LLC boosted its stake in American National Bankshares by 5.4% in the second quarter. BlackRock Investment Management LLC now owns 35,238 shares of the financial services provider’s stock worth $887,000 after buying an additional 1,811 shares in the last quarter. Institutional investors and hedge funds own 31.11% of the company’s stock.

Separately, Zacks Investment Research downgraded American National Bankshares from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th.

American National Bankshares Company Profile

American National Bankshares Inc is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Company operates through two segments: community banking, and trust and investment services. Community banking involves making loans to and generating deposits from individuals and businesses.

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