Insider Buying: Auburn National Bancorporation, Inc. (NASDAQ:AUBN) CEO Acquires 1,072 Shares of Stock

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) CEO David A. Hedges acquired 1,072 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $19,296.00. Following the transaction, the chief executive officer now directly owns 12,735 shares in the company, valued at $229,230. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Auburn National Bancorporation Price Performance

AUBN stock traded down $0.35 during mid-day trading on Tuesday, reaching $17.65. The company had a trading volume of 4,897 shares, compared to its average volume of 3,414. The firm has a 50 day moving average of $18.40 and a 200 day moving average of $19.06. Auburn National Bancorporation, Inc. has a 12 month low of $16.48 and a 12 month high of $23.20. The company has a market capitalization of $61.67 million, a PE ratio of 76.96 and a beta of 0.52.

Auburn National Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Monday, June 10th were paid a dividend of $0.27 per share. The ex-dividend date was Monday, June 10th. This represents a $1.08 annualized dividend and a dividend yield of 6.12%. Auburn National Bancorporation’s dividend payout ratio is currently 469.57%.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.