National Bankshares, Inc. (NASDAQ:NKSH – Get Rating) CEO F Brad Denardo purchased 546 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was acquired at an average cost of $27.39 per share, for a total transaction of $14,954.94. Following the completion of the acquisition, the chief executive officer now owns 18,217 shares in the company, valued at approximately $498,963.63. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
National Bankshares Price Performance
NASDAQ NKSH opened at $26.79 on Friday. The business’s 50 day moving average price is $30.91 and its 200-day moving average price is $36.94. National Bankshares, Inc. has a fifty-two week low of $26.41 and a fifty-two week high of $43.78.
National Bankshares Cuts Dividend
The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, June 1st. Stockholders of record on Monday, May 22nd will be given a dividend of $0.73 per share. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend is Friday, May 19th.
Hedge Funds Weigh In On National Bankshares
Analysts Set New Price Targets
Separately, StockNews.com raised National Bankshares from a “sell” rating to a “hold” rating in a report on Friday.
About National Bankshares
National Bankshares, Inc is a community bank holding company. It offers financial products and services, including deposit accounts, commercial, consumer and mortgage loans, credit cards and trust services throughout Southwest Virginia. National Bankshares was founded in 1986 and is headquartered in Blacksburg, VA.
- Get a free copy of the StockNews.com research report on National Bankshares (NKSH)
- 3 Electrical Gear Makers: Hidden Gems Amid Growing Digitization
- Can ULTA’s Defensive Product Line Stand Against This Down Cycle
- A Reversal Is Brewing For Medtronic: Buying The Dip
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
Receive News & Ratings for National Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.