Insider Buying: ACNB Chairman Buys 1,650 Shares of Stock (ACNB)
ACNB (NASDAQ:ACNB) Chairman Alan J. Stock purchased 1,650 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $18.93 per share, with a total value of $31,234.50. Following the completion of the transaction, the chairman now directly owns 20,293 shares of the company’s stock, valued at approximately $384,146. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
ACNB (NASDAQ:ACNB) remained flat at $19.00 during during mid-day trading trading on Monday. 910 shares of the company’s stock traded hands. ACNB has a 1-year low of $16.55 and a 1-year high of $21.00. The stock’s 50-day moving average is $19.13 and its 200-day moving average is $19.08. The company has a market cap of $114.1 million and a P/E ratio of 11.64.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Wednesday, August 27th.
ACNB Corporation (NASDAQ:ACNB) is a financial holding company.
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