ACNB Co. (ACNB) EVP Tom N. Rasmussen Buys 1,000 Shares
ACNB Co. (NASDAQ:ACNB) EVP Tom N. Rasmussen acquired 1,000 shares of ACNB stock in a transaction on Monday, September 24th. The stock was acquired at an average cost of $38.21 per share, for a total transaction of $38,210.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
ACNB stock traded down $0.05 during midday trading on Thursday, reaching $37.80. The company’s stock had a trading volume of 100 shares, compared to its average volume of 8,896. ACNB Co. has a 52 week low of $26.80 and a 52 week high of $41.45. The stock has a market cap of $267.12 million, a PE ratio of 13.80 and a beta of 0.32. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.95 and a current ratio of 0.95.
ACNB (NASDAQ:ACNB) last announced its quarterly earnings data on Monday, July 23rd. The bank reported $0.78 earnings per share (EPS) for the quarter. ACNB had a net margin of 19.29% and a return on equity of 12.38%. The firm had revenue of $18.41 million for the quarter.
Separately, BidaskClub raised shares of ACNB from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 13th.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Northern Trust Corp raised its holdings in ACNB by 3.0% in the first quarter. Northern Trust Corp now owns 62,037 shares of the bank’s stock worth $1,815,000 after purchasing an additional 1,783 shares during the period. Acadian Asset Management LLC acquired a new stake in ACNB in the second quarter worth $117,000. Bessemer Group Inc. acquired a new stake in ACNB in the second quarter worth $143,000. Commonwealth Equity Services LLC acquired a new stake in ACNB in the second quarter worth $208,000. Finally, Rhumbline Advisers acquired a new stake in ACNB in the second quarter worth $229,000. Institutional investors own 20.80% of the company’s stock.
ACNB Corporation operates as the financial holding company for ACNB Bank that provides various banking and financial services to individual, business, and government customers primarily in Pennsylvania. The company accepts deposit products, including interest and non-interest checking, savings, and money market accounts, as well as time deposits.
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