Insider Selling: Landmark Bancorp Inc (LARK) Chairman Sells 1,200 Shares of Stock

Landmark Bancorp Inc (NASDAQ:LARK) Chairman Patrick L. Alexander sold 1,200 shares of the stock in a transaction on Monday, September 10th. The shares were sold at an average price of $29.13, for a total value of $34,956.00. Following the sale, the chairman now owns 137,498 shares of the company’s stock, valued at approximately $4,005,316.74. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

LARK stock traded down $0.33 during midday trading on Friday, reaching $28.89. The stock had a trading volume of 1,886 shares, compared to its average volume of 1,871. The firm has a market capitalization of $121.14 million, a price-to-earnings ratio of 27.66 and a beta of 0.48. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.65 and a quick ratio of 0.64. Landmark Bancorp Inc has a 52-week low of $27.01 and a 52-week high of $30.40.

Landmark Bancorp (NASDAQ:LARK) last issued its earnings results on Wednesday, July 25th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter. The company had revenue of $11.09 million during the quarter. Landmark Bancorp had a return on equity of 5.06% and a net margin of 10.32%.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 22nd. Investors of record on Wednesday, August 8th were paid a $0.20 dividend. The ex-dividend date was Tuesday, August 7th. This represents a $0.80 dividend on an annualized basis and a yield of 2.77%.

Hedge funds have recently modified their holdings of the stock. Royce & Associates LP raised its stake in Landmark Bancorp by 5.3% in the 2nd quarter. Royce & Associates LP now owns 117,096 shares of the financial services provider’s stock worth $3,337,000 after acquiring an additional 5,900 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Landmark Bancorp by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 115,174 shares of the financial services provider’s stock worth $3,340,000 after acquiring an additional 3,632 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Landmark Bancorp by 5.6% in the 2nd quarter. Renaissance Technologies LLC now owns 69,965 shares of the financial services provider’s stock worth $1,994,000 after acquiring an additional 3,700 shares during the last quarter. Institutional investors own 20.26% of the company’s stock.

About Landmark Bancorp

Landmark Bancorp, Inc operates as the bank holding company for Landmark National Bank that provides various financial and banking services. The company accepts various deposits comprising non-interest bearing demand deposits, money market and checking accounts, savings accounts, and certificates of deposit.

Read More: Market Capitalization in the Stock Market

Insider Buying and Selling by Quarter for Landmark Bancorp (NASDAQ:LARK)

Receive News & Ratings for Landmark Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landmark Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply