Insider Activity to Watch: ACNB Corporation $ACNB

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ACNB Corporation (ACNB) insider have most recently took part in a trading activity. On Sep 15, 2017 Alloway Richard Lee Ii, Director bought 167 shares having total worth of $4,506 at the price of $26.98 per share, following the transaction a total of 1,512 shares owned by Alloway Richard Lee Ii. Before this latest buy, Alloway Richard Lee Ii purchased ACNB at 6 other times during the past twelve months, for a total investment of $14,319 at an average of $29.43 per share.

The stock has experienced a total of 11 insider trades in the past three months. These trades include 11 buy trades. Furthermore, over the past 12 months , the stock was traded 72 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 71 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 11 0 -7.94%
12 Month 71 1 28.99%

Shares of ACNB Corporation (ACNB) traded up 0.54% on Sep 19, 2017, hitting $27.85. 9,528 shares of the company’s stock traded hands. ACNB Corporation has a 52 week low of $20.88 and a 52 week high of $31.81. The company’s market cap is $161 million.

ACNB Corporation, through its subsidiaries, offers traditional banking and related financial services to individual business and government customers. It accepts various deposit products, such as interest bearing demand, non-interest bearing demand, savings, and time deposits. The Company also provides commercial lending products, including commercial mortgages, real estate development and construction, accounts receivable and inventory financing, and agricultural loans; consumer lending programs, which comprise home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending programs, such as personal residential mortgages, residential construction loans, and investment mortgage loans. In addition, it offers trust services, such as investment, protection, management, and distribution of financial assets; estate settlement; and other services, including services under testamentary trusts, life insurance trusts, charitable remainder trusts, guardianships, and powers of attorney. Further, it operates as an insurance agency that provides various property and casualty, life, and health insurance to commercial and individual clients; and engages in the business of reinsuring credit life and credit accident, and disability risks. As of December 2012, It operated 19 retail banking offices in Adams, Cumberland, and York Counties, Pennsylvania, as well as 2 loan production offices in York and Franklin Counties, Pennsylvania. It derives revenues from the Net interest Income, a difference between interest income on earning assets and interest expense on liabilities used to fund those assets.

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.