Insider Activity to Watch: National Bankshares, Inc. $NKSH

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National Bankshares, Inc. (NKSH) insider have most recently took part in a trading activity. On Jun 20, 2017 Miller Mary G, Director bought 270 shares having total worth of $11,745 at the price of $43.5 per share, following the transaction a total of 3,500 shares owned by Miller Mary G. Before this latest buy, Miller Mary G purchased NKSH at 4 other times during the past twelve months, for a total investment of $24,597 at an average of $39.82 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 11 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 10 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 3.41%
12 Month 10 1 22.86%

Shares of National Bankshares, Inc. (NKSH) traded up 0.36% on Jun 21, 2017, hitting $42.4. 3,725 shares of the company’s stock traded hands. National Bankshares, Inc. has a 52 week low of $32.13 and a 52 week high of $44.55. The company’s market cap is $249 million.

National Bankshares, Inc. (NKSH) last announced its earnings results on Apr 27, 2017. The company reported 0.52 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.49 by $0.03. The company had revenue of $12 million for the quarter, compared to the consensus estimate of $11 million. During the same quarter in the previous year, the company posted 0.54 earnings per share. The company’s revenue for the quarter was down 0% on a year-over-year basis.

2017-04-27 2017-02-23 2016-10-27 2016-04-28 2016-02-25 2015-10-29 2015-07-23 2015-04-23 2015-02-19 2014-10-23
earnings per share 0.52 0.50 0.55 0.54 0.51 0.60 0.59 0.57 0.59 0.61
Revenue(M) 11.71 11.47 11.62 11.76 12.07 12.04 10.8 13.07 13.17 91.04

National Bankshares, Inc. was organized in 1986 under the laws of Virginia and is registered under the Bank Holding Company Act of 1956. It is a financial holding company that conducts most of its operations through its wholly-owned community bank subsidiary, the National Bank of Blacksburg (NBB). It also owns National Bankshares Financial Services, Inc. (NBFS), which does business as National Bankshares Insurance Services and National Bankshares Investment Services. NBB is community-oriented, and it offers a range of retail and commercial banking services to individuals, businesses, non-profits and local governments from its headquarters in Blacksburg, Virginia and its twenty-five branch offices throughout southwest Virginia. NBB has telephone and Internet banking and it operates twenty-five automated teller machines in its service area. Lending is focused at small and mid-sized businesses and at individuals. Loan types include commercial, agricultural, real estate, home equity and consumer. Merchant credit card services and business and consumer credit cards are available. Deposit accounts offered include demand deposit accounts, money market deposit accounts, savings accounts and certificates of deposit. NBB offers other miscellaneous services normally provided by commercial banks, such as letters of credit, night depository, safe deposit boxes, travelers checks, utility payment services and automatic funds transfer. NBB conducts a general trust business that has wealth management and trust and estate services for individual and business customers. NBB’s market area in southwest Virginia is made up of the counties of Montgomery, Giles, Pulaski, Tazewell, Wythe, Smyth and Washington. It also includes the independent cities of Radford and Galax, and the portions of Carroll and Grayson Counties that are adjacent to Galax. The bank also serves those portions of Mercer County and McDowell County, West Virginia that are contiguous with Tazewell County, Virginia. NBFS offers non-deposit investment products and insurance products for sale to the public. It works cooperatively with Infinex Investments, Inc. to provide investments and with Bankers Insurance, LLC for insurance products. NBB competes for loans and deposits with other commercial banks, credit unions, securities and brokerage companies, mortgage companies, insurance companies, retailers, automobile companies and other nonbank financial service providers.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.