David A. Hedges Purchases 10,000 Shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Stock

Posted by Scott Moore on Apr 29th, 2024

Auburn National Bancorporation, Inc. (NASDAQ:AUBN – Get Free Report) CEO David A. Hedges bought 10,000 shares of Auburn National Bancorporation stock in a transaction that occurred on Friday, April 26th. The stock was purchased at an average cost of $17.60 per share, for a total transaction of $176,000.00. Following the purchase, the chief executive officer now owns 11,663 shares of the company’s stock, valued at $205,268.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Auburn National Bancorporation Stock Up 2.7 %

Shares of Auburn National Bancorporation stock traded up $0.46 during trading on Monday, hitting $17.81. 4,162 shares of the stock traded hands, compared to its average volume of 3,140. The stock has a market cap of $62.16 million, a price-to-earnings ratio of 75.43 and a beta of 0.49. Auburn National Bancorporation, Inc. has a 52 week low of $16.61 and a 52 week high of $23.20. The firm’s fifty day moving average is $19.18 and its 200-day moving average is $20.26.

Auburn National Bancorporation (NASDAQ:AUBN – Get Free Report) last issued its quarterly earnings results on Monday, January 29th. The financial services provider reported ($1.14) EPS for the quarter. The business had revenue of $0.63 million for 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 firm also recently announced a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date was Thursday, March 7th. Auburn National Bancorporation’s payout ratio is presently 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.