Loading
AN
Ames National Corp Stock: price and insider trades · United States
4 insiders bought €34k of shares over the last 90 days, the latest filed 10 Sept 2026.
Ames National Corp: what insiders have been doing
Ames National Corp belongs to the Finance & Banking sector. Filings by its managers are published through SEC (Form 4). 9 insiders have disclosed 18 filings since 18 October 2025.
Not one open-market sale was filed. On the buying side, 9 insiders reported 18 purchases totalling €85k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. The buyers include 6 senior executives. At €9,217, the purchase published on 17 November 2025 by Beals Douglas W is the largest of the period.
For context, the typical company on the same exchange (median of 5,812 companies) published 19 filings over the same period, against 18 filings here. The full history, which starts in 2021, counts 201 purchases against no sales. The 10-K for the year ended 31 December 2025 shows 19.0 m USD of net income and a dividend of 0.60 USD per share.
Within a 30-day window, 13 purchases overlapped with buying by a second insider. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. The clock since the last published purchase (10 September 2026) now reads 38 days. The median gap between a trade and its publication by SEC (Form 4) is 3 days. The legal deadline for a Form 4 is two business days after the transaction.
In the same sector, recent insider purchases at Redwood Trust Inc and First Guaranty Bancshares, Inc. also feature in our signals. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
201
Thresholds
n/a
Buy Volume
€1M
201 ops. · all time
Sell Volume
n/a
n/a
Who traded when
BuySaleMichelle R. Cassabaum14 buys
Patrick G. Hagan7 buys
Douglas W. Beals4 buys
Michael A. Wilson3 buys
Dan E. Johnson2 buys
Horras Betty A. Baudler2 buys
+9 other insiders
Since the insiders bought
- -1.8%Entry US$32.49 · Close 13 Oct 2026 US$31.90
- +0.5%Entry US$31.75 · Close 13 Oct 2026 US$31.90
- +0.2%Entry US$31.85 · Close 13 Oct 2026 US$31.90
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 1,625 of 24,148 companies
76.9
score / 100
Value74
Quality80
FCF yld7.3%
Earn yld6.7%
EV/EBITDA·
ROE11%
Gross mgn·
Net mgn28%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$31.83
Analyst consensus
1 analysts3.00/5
US$33.00Target US$33.00(+4%)US$33.00
Income statement
RevenueUS$66.8M
Net incomeUS$19M31.9% margin
Valuation
PER (trailing)12.3x
PER (forward)11.3x
P/Book1.3x
Beta0.30
Balance sheet & cash
Market capUS$281.9M
Total debtUS$21.4M
Free Cash FlowUS$20.7M
Profitability & ownership
ROE11.3%
ROA1.1%
% insiders1.3%
% institutions41.8%
Last declaration on 10 September 2026
Declarations201 total
300 shares@ US$31.880.0033% mcap13.8% of flowCommon StockSEC:0001917933-26-000002:0
Canonical exit: 8 Dec 2026 (T+90)
180 shares@ US$31.540.0020% mcap3.3% of flowCommon StockSEC:0001773399-26-000007:0
Canonical exit: 29 Nov 2026 (T+90)
325 shares@ US$31.160.0035% mcap30.6% of flowCommon StockSEC:0002062044-26-000001:0
Canonical exit: 18 Nov 2026 (T+90)
316 shares@ US$31.600.0035% mcap37.8% of flowCommon StockSEC:0001434609-26-000002:0
Canonical exit: 12 Nov 2026 (T+90)
140 shares@ US$30.200.0015% mcap2.5% of flowCommon StockSEC:0001773399-26-000006:0
Canonical exit: 29 Oct 2026 (T+90)
170 shares@ US$28.830.0017% mcap2.8% of flowCommon StockSEC:0001773399-26-000005:0
Canonical exit: 27 Aug 2026 (T+90)
200 shares@ US$27.690.0020% mcap2.7% of flowCommon StockSEC:0001703852-26-000002:0
Canonical exit: 13 Aug 2026 (T+90)
100 shares@ US$27.650.0010% mcap1.3% of flowCommon StockSEC:0001703852-26-000001:0
Canonical exit: 10 Aug 2026 (T+90)
84 shares@ US$28.080.0009% mcap1.3% of flowCommon StockSEC:0001773399-26-000004:0
Canonical exit: 29 Jul 2026 (T+90)
205 shares@ US$27.253.2% of flowCommon StockSEC:0001773399-26-000003:0
Canonical exit: 28 May 2026 (T+90)
280 shares@ US$26.114.1% of flowCommon StockSEC:0001773399-26-000001:0
Canonical exit: 30 Apr 2026 (T+90)
200 shares@ US$22.878254.1% of flowCommon StockSEC:0002015957-25-000002:0
Canonical exit: 10 Mar 2026 (T+90)
20 shares@ US$21.67791.4% of flowCommon StockSEC:0001391715-25-000002:0
Canonical exit: 2 Mar 2026 (T+90)
200 shares@ US$20.805.8% of flowCommon StockSEC:0001670150-25-000002:0
Canonical exit: 19 Feb 2026 (T+90)
200 shares@ US$21.2512.9% of flowCommon StockSEC:0001191921-25-000003:0
Canonical exit: 15 Feb 2026 (T+90)
500 shares@ US$21.3732.6% of flowCommon StockSEC:0002062044-25-000002:0
Canonical exit: 11 Feb 2026 (T+90)
44 shares@ US$20.820.5% of flowCommon StockSEC:0001773399-25-000002:0
Canonical exit: 29 Jan 2026 (T+90)
300 shares@ US$20.853.1% of flowCommon StockSEC:0001703852-25-000002:0
Canonical exit: 22 Jan 2026 (T+90)
278 shares@ US$19.833.2% of flowCommon StockSEC:0001132651-25-000034:0
Canonical exit: 27 Nov 2025 (T+90)
164 shares@ US$18.291.8% of flowCommon StockSEC:0001132651-25-000032:0
Canonical exit: 29 Oct 2025 (T+90)
500 shares@ US$17.1812.5% of flowCommon StockSEC:0001132651-25-000031:0
Canonical exit: 18 Sept 2025 (T+90)
210 shares@ US$17.7530.0% of flowCommon StockSEC:0001132651-25-000030:0
Canonical exit: 9 Sept 2025 (T+90)
200 shares@ US$17.5010.7% of flowCommon StockSEC:0001132651-25-000029:0
Canonical exit: 1 Sept 2025 (T+90)
100 shares@ US$17.5013.0% of flowCommon StockSEC:0001132651-25-000028:0
Canonical exit: 31 Aug 2025 (T+90)
314 shares@ US$17.543.2% of flowCommon StockSEC:0001132651-25-000027:0
Canonical exit: 28 Aug 2025 (T+90)
25 of 201 declarations
About Ames National Corp
Ames National Corporation (ticker: ATLO) is a U.S. bank holding company listed on the Nasdaq Capital Market in the United States. For French-speaking investors in France, Belgium, and Switzerland, it is best understood as a regional community-banking platform with deep Midwestern roots rather than a national money-center institution. The company was established in 1975 as a holding company for First National Bank in Ames, Iowa, and has since expanded through the affiliation of several local banks. ATLO’s public-market status also means investors can track earnings releases, annual reports, and insider activity, including SEC Form 4 filings, through a standardized disclosure framework. ([amesnational.com](https://www.amesnational.com/default.aspx))
Ames National operates as a multi-bank holding company with six central Iowa banks serving 11 communities through 18 banking offices. Its business model is centered on relationship banking: taking deposits, originating loans, and offering a full-service menu for individuals, small businesses, professionals, and local commercial clients. The company’s annual report emphasizes a community-banking identity and a stated ambition to be among the best-performing banking organizations in the Midwest. That positioning matters competitively: ATLO’s edge is not scale, but local decision-making, client familiarity, and a conservative operating culture that tends to resonate in stable retail and small-business markets. ([amesnational.com](https://www.amesnational.com/default.aspx))
Read moreShow less
Geographically, the franchise is concentrated in Iowa, with a footprint that includes Ames, Boone, Creston, Nevada, Story City, Marshalltown, and surrounding central, north-central, and south-central counties. This is a meaningful strength and a limitation at the same time. On one hand, it supports strong local brand recognition and efficient underwriting grounded in regional knowledge. On the other, it leaves the group exposed to the economic cycles of a relatively narrow geographic area. According to the company’s 2025 annual report, Ames National had about $2.1 billion in assets at year-end 2025 and described itself as the 6th largest Iowa-based commercial bank holding company by deposits. ([amesnational.com](https://www.amesnational.com/default.aspx?utm_source=openai))
From a product perspective, the group’s offering is what investors would expect from a conservative community lender: deposit accounts, commercial lending, real estate lending, and other standard banking services. The appeal of the stock is also tied to shareholder returns. The annual report highlighted a rebound in profitability, net income of $19.0 million for 2025, and dividends declared of $0.60 per share for the year. That combination of earnings recovery and dividend discipline is central to the investment case. ([amesnational.com](https://www.amesnational.com/CMDocs/ANC/Annual%20Reports/NEW%20ANC%20Annual%20Report%202025%20FINAL%20low%20res.pdf))
In market terms, ATLO remains a niche regional banking name rather than a broad national franchise, but it has clear visibility and a long operating history. Recent developments include first-quarter 2026 earnings announced on April 24, 2026, a cash dividend declaration on February 13, 2026, and fourth-quarter 2025 earnings announced on January 23, 2026. For investors screening U.S.-listed financials, Ames National is a straightforward Midwest banking story: local deposits, relationship lending, steady capital management, and a shareholder-friendly distribution profile. ([amesnational.com](https://www.amesnational.com/default.aspx))
Recent ranked signals in the same sector
Purchases our model currently ranks for the recommendations list.
All recommendations
