Insider Selling: Arrow Financial Corp. Director Sells 1,250 Shares of Stock (AROW)
Arrow Financial Corp. (NASDAQ:AROW) Director Michael B. Clarke sold 1,250 shares of Arrow Financial Corp. stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $26.55, for a total value of $33,187.50. Following the completion of the transaction, the director now directly owns 1,324 shares in the company, valued at approximately $35,152. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Arrow Financial Corp. (NASDAQ:AROW) traded down 0.34% on Wednesday, hitting $26.40. The stock had a trading volume of 8,950 shares. Arrow Financial Corp. has a 52 week low of $24.50 and a 52 week high of $28.00. The stock has a 50-day moving average of $25.78 and a 200-day moving average of $25.80. The company has a market cap of $326.1 million and a price-to-earnings ratio of 14.72.
Arrow Financial Corp. (NASDAQ:AROW) last issued its quarterly earnings data on Monday, July 21st. The company reported $0.45 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.45. On average, analysts predict that Arrow Financial Corp. will post $1.84 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, August 28th.
Arrow Financial Corporation (NASDAQ:AROW) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.