Insider Buying: Virginia National Bankshares Co. (NASDAQ:VABK) Director Buys $24,990.00 in Stock

Virginia National Bankshares Co. (NASDAQ:VABK) Director Linda M. Houston purchased 1,000 shares of the stock in a transaction dated Thursday, April 25th. The stock was acquired at an average cost of $24.99 per share, for a total transaction of $24,990.00. Following the transaction, the director now owns 11,779 shares of the company’s stock, valued at $294,357.21. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Virginia National Bankshares Stock Up 1.0 %

Virginia National Bankshares stock opened at $28.49 on Thursday. The firm has a 50 day simple moving average of $28.39 and a 200 day simple moving average of $31.85. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.43. Virginia National Bankshares Co. has a 1-year low of $24.06 and a 1-year high of $43.08. The firm has a market capitalization of $153.56 million, a price-to-earnings ratio of 8.96 and a beta of 0.39.

Virginia National Bankshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.63%. The ex-dividend date was Wednesday, March 13th. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 41.51%.

Institutional Trading of Virginia National Bankshares

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC purchased a new position in Virginia National Bankshares during the 2nd quarter valued at about $30,000. Allspring Global Investments Holdings LLC bought a new position in shares of Virginia National Bankshares in the third quarter valued at approximately $55,000. Wetzel Investment Advisors Inc. purchased a new position in Virginia National Bankshares during the fourth quarter valued at approximately $133,000. Tower Research Capital LLC TRC increased its holdings in Virginia National Bankshares by 104.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,419 shares of the company’s stock worth $49,000 after acquiring an additional 724 shares during the period. Finally, Atlantic Union Bankshares Corp lifted its stake in Virginia National Bankshares by 5.9% in the 1st quarter. Atlantic Union Bankshares Corp now owns 14,902 shares of the company’s stock worth $449,000 after purchasing an additional 833 shares in the last quarter. 37.39% of the stock is currently owned by institutional investors.

About Virginia National Bankshares

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.