National Bankshares director Lawrence Ball buys $27,500 in stock

Published 28/02/2025, 14:58
National Bankshares director Lawrence Ball buys $27,500 in stock

Lawrence J. Ball (NYSE:BALL), a director at National Bankshares Inc. (NASDAQ:NKSH), recently acquired additional shares in the company. According to a filing with the Securities and Exchange Commission, Ball purchased 1,000 shares of common stock on February 26, 2025, at a price of $27.50 per share. This transaction amounted to a total investment of $27,500. Following this purchase, Ball holds a total of 21,906 shares in the company. The purchase comes as the stock trades near its 52-week low, with analysts setting a target price of $38. InvestingPro data shows the company maintains an attractive 5.61% dividend yield, having sustained dividend payments for 30 consecutive years. National Bankshares, headquartered in Blacksburg, Virginia, operates as a national commercial bank, providing a range of financial services to its customers. With a market capitalization of $177 million and a P/E ratio of 22, the bank remains profitable according to InvestingPro analysis, which offers additional insights and financial metrics for informed investment decisions.

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