14,580 Shares in National Bankshares, Inc. (NASDAQ:NKSH) Acquired by Partners in Financial Planning

Partners in Financial Planning bought a new stake in shares of National Bankshares, Inc. (NASDAQ:NKSH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,580 shares of the bank's stock, valued at approximately $419,000. Partners in Financial Planning owned approximately 0.23% of National Bankshares at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in National Bankshares by 71.7% in the third quarter. BNP Paribas Financial Markets now owns 1,757 shares of the bank's stock worth $53,000 after purchasing an additional 734 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of National Bankshares by 14.3% in the fourth quarter. Private Trust Co. NA now owns 4,000 shares of the bank's stock worth $115,000 after buying an additional 500 shares during the last quarter. Kingsview Wealth Management LLC acquired a new stake in National Bankshares during the fourth quarter worth about $223,000. Barclays PLC increased its holdings in National Bankshares by 290.4% in the third quarter. Barclays PLC now owns 7,487 shares of the bank's stock valued at $224,000 after buying an additional 5,569 shares in the last quarter. Finally, Atria Investments Inc raised its holdings in National Bankshares by 13.7% in the 4th quarter. Atria Investments Inc now owns 10,118 shares of the bank's stock worth $290,000 after purchasing an additional 1,223 shares during the period. 29.73% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other National Bankshares news, Director Charles E. Green III bought 1,000 shares of National Bankshares stock in a transaction dated Friday, March 14th. The stock was acquired at an average cost of $27.08 per share, with a total value of $27,080.00. Following the completion of the acquisition, the director now owns 49,144 shares of the company's stock, valued at approximately $1,330,819.52. This represents a 2.08 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have purchased a total of 2,049 shares of company stock worth $55,982 in the last quarter. 2.75% of the stock is owned by company insiders.

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National Bankshares Price Performance

Shares of NKSH stock traded down $1.19 during trading hours on Thursday, hitting $25.31. The company had a trading volume of 7,599 shares, compared to its average volume of 12,562. National Bankshares, Inc. has a fifty-two week low of $25.31 and a fifty-two week high of $33.37. The company's fifty day moving average is $27.97 and its 200 day moving average is $29.21. The stock has a market capitalization of $161.00 million, a PE ratio of 20.79 and a beta of 0.55.

National Bankshares (NASDAQ:NKSH - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. National Bankshares had a return on equity of 5.00% and a net margin of 9.64%. Equities analysts forecast that National Bankshares, Inc. will post 2.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded National Bankshares from a "sell" rating to a "hold" rating in a research report on Saturday, February 1st.

About National Bankshares

National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts.