David A. Hedges Acquires 10,000 Shares of Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Stock

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) CEO David A. Hedges acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were acquired at an average cost of $17.60 per share, with a total value of $176,000.00. Following the purchase, the chief executive officer now owns 11,663 shares in the company, valued at approximately $205,268.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Auburn National Bancorporation Price Performance

Auburn National Bancorporation stock opened at $17.90 on Tuesday. The firm has a 50 day simple moving average of $19.11 and a 200-day simple moving average of $20.23. Auburn National Bancorporation, Inc. has a 1-year low of $16.61 and a 1-year high of $23.20. The stock has a market cap of $62.47 million, a price-to-earnings ratio of 77.83 and a beta of 0.49.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings results on Monday, January 29th. The financial services provider reported ($1.14) earnings per share for the quarter. Auburn National Bancorporation had a net margin of 4.44% and a return on equity of 1.15%. The firm had revenue of $0.63 million during the quarter.

Auburn National Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Friday, March 8th were paid a $0.27 dividend. The ex-dividend date was Thursday, March 7th. This represents a $1.08 annualized dividend and a dividend yield of 6.03%. Auburn National Bancorporation’s dividend payout ratio (DPR) is 469.57%.

About Auburn National Bancorporation

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.