Insider Buying: Old National Bancorp EVP Purchases 1,000 Shares of Stock (ONB)
Old National Bancorp (NASDAQ:ONB) EVP James C. Ryan III acquired 1,000 shares of the stock in a transaction dated Wednesday, August 20th. The shares were purchased at an average price of $13.09 per share, for a total transaction of $13,090.00. Following the purchase, the executive vice president now directly owns 55,424 shares in the company, valued at approximately $725,500. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Old National Bancorp (NASDAQ:ONB) opened at 13.23 on Monday. Old National Bancorp has a one year low of $12.90 and a one year high of $15.80. The stock has a 50-day moving average of $13.58 and a 200-day moving average of $13.95. The company has a market cap of $1.400 billion and a P/E ratio of 14.42.
Old National Bancorp (NASDAQ:ONB) last released its earnings data on Monday, July 28th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.07. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $133.62 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. On average, analysts predict that Old National Bancorp will post $0.94 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, August 28th.
Old National Bancorp (NASDAQ:ONB), is a financial holding company.
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