Old National Bancorp (NASDAQ:ONB) insider John R. Kamin sold 5,531 shares of the company’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $16.56, for a total value of $91,593.36. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

John R. Kamin also recently made the following trade(s):

  • On Monday, July 17th, John R. Kamin sold 7,332 shares of Old National Bancorp stock. The stock was sold at an average price of $17.03, for a total value of $124,863.96.

Old National Bancorp (NASDAQ:ONB) traded down 0.60% during trading on Tuesday, reaching $16.70. The company’s stock had a trading volume of 613,784 shares. The firm’s 50-day moving average is $16.82 and its 200-day moving average is $17.14. The stock has a market cap of $2.26 billion, a P/E ratio of 15.86 and a beta of 1.10. Old National Bancorp has a 52-week low of $13.49 and a 52-week high of $18.95.

Old National Bancorp (NASDAQ:ONB) last issued its quarterly earnings data on Tuesday, July 25th. The bank reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. Old National Bancorp had a return on equity of 8.25% and a net margin of 21.02%. The company had revenue of $153.60 million during the quarter, compared to analysts’ expectations of $153.57 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. Equities research analysts forecast that Old National Bancorp will post $1.06 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend is Wednesday, August 30th. Old National Bancorp’s dividend payout ratio is presently 49.52%.

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Large investors have recently modified their holdings of the company. Wells Fargo & Company MN boosted its stake in shares of Old National Bancorp by 2.4% in the first quarter. Wells Fargo & Company MN now owns 200,753 shares of the bank’s stock worth $3,482,000 after buying an additional 4,640 shares in the last quarter. North Star Investment Management Corp. boosted its stake in shares of Old National Bancorp by 25.2% in the first quarter. North Star Investment Management Corp. now owns 6,077 shares of the bank’s stock worth $105,000 after buying an additional 1,225 shares in the last quarter. Dubuque Bank & Trust Co. purchased a new stake in shares of Old National Bancorp during the first quarter worth about $313,000. Sit Investment Associates Inc. boosted its stake in shares of Old National Bancorp by 227.2% in the first quarter. Sit Investment Associates Inc. now owns 24,050 shares of the bank’s stock worth $417,000 after buying an additional 16,700 shares in the last quarter. Finally, Independent Portfolio Consultants Inc. boosted its stake in shares of Old National Bancorp by 4.8% in the first quarter. Independent Portfolio Consultants Inc. now owns 71,645 shares of the bank’s stock worth $1,243,000 after buying an additional 3,275 shares in the last quarter. Institutional investors own 71.26% of the company’s stock.

ONB has been the subject of several recent analyst reports. Zacks Investment Research upgraded Old National Bancorp from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research note on Wednesday, June 28th. Jefferies Group LLC restated a “hold” rating and set a $18.00 target price on shares of Old National Bancorp in a research note on Sunday, June 11th. BidaskClub upgraded Old National Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $18.00 target price on shares of Old National Bancorp in a research note on Wednesday, July 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $18.30.

Old National Bancorp Company Profile

Old National Bancorp is a financial holding company. The Company, through its banking subsidiary, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory and other traditional banking services. The Company focuses on community banking.

Insider Buying and Selling by Quarter for Old National Bancorp (NASDAQ:ONB)

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