Insider Selling: Landmark Bancorp Inc (LARK) Chairman Sells 424 Shares of Stock

Landmark Bancorp Inc (NASDAQ:LARK) Chairman Patrick L. Alexander sold 424 shares of the company’s stock in a transaction on Thursday, December 27th. The stock was sold at an average price of $29.00, for a total transaction of $12,296.00. Following the transaction, the chairman now directly owns 137,153 shares in the company, valued at $3,977,437. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Patrick L. Alexander also recently made the following trade(s):

  • On Tuesday, December 26th, Patrick L. Alexander sold 5,000 shares of Landmark Bancorp stock. The stock was sold at an average price of $28.75, for a total transaction of $143,750.00.

Landmark Bancorp Inc (LARK) traded up $0.37 during trading hours on Monday, hitting $29.29. 1,470 shares of the stock were exchanged, compared to its average volume of 4,608. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.62 and a current ratio of 0.63. Landmark Bancorp Inc has a fifty-two week low of $27.02 and a fifty-two week high of $32.40. The firm has a market cap of $117.63, a PE ratio of 30.15 and a beta of 0.47.

Landmark Bancorp (NASDAQ:LARK) last posted its quarterly earnings results on Wednesday, November 1st. The financial services provider reported ($0.64) earnings per share for the quarter. Landmark Bancorp had a return on equity of 4.59% and a net margin of 9.01%.

Separately, TheStreet cut shares of Landmark Bancorp from a “b-” rating to a “c” rating in a research note on Friday, December 1st.

A number of hedge funds and other institutional investors have recently modified their holdings of LARK. Northern Trust Corp grew its stake in Landmark Bancorp by 2.9% in the 2nd quarter. Northern Trust Corp now owns 15,543 shares of the financial services provider’s stock valued at $466,000 after acquiring an additional 432 shares during the last quarter. Royce & Associates LP grew its stake in Landmark Bancorp by 38.4% in the 3rd quarter. Royce & Associates LP now owns 69,864 shares of the financial services provider’s stock valued at $1,974,000 after acquiring an additional 19,383 shares during the last quarter. Koshinski Asset Management Inc. grew its stake in Landmark Bancorp by 14.6% in the 4th quarter. Koshinski Asset Management Inc. now owns 78,717 shares of the financial services provider’s stock valued at $2,283,000 after acquiring an additional 10,053 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Landmark Bancorp by 1.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 105,997 shares of the financial services provider’s stock valued at $3,265,000 after acquiring an additional 1,384 shares during the last quarter. 16.84% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: This news story was first reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/01/22/insider-selling-landmark-bancorp-inc-lark-chairman-sells-424-shares-of-stock.html.

Landmark Bancorp Company Profile

Landmark Bancorp, Inc is the bank holding company for Landmark National Bank (the Bank). The Bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one- to four-family residential real estate, construction and land, commercial real estate, commercial, agriculture, municipal and consumer loans.

Insider Buying and Selling by Quarter for Landmark Bancorp (NASDAQ:LARK)

Receive News & Ratings for Landmark Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landmark Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply