National Bankshares, Inc. (NASDAQ:NKSH) Director Acquires $27,080.00 in Stock

National Bankshares, Inc. (NASDAQ:NKSH - Get Free Report) Director Charles E. Green III bought 1,000 shares of the stock in a transaction dated Friday, March 14th. The shares were purchased at an average price of $27.08 per share, for a total transaction of $27,080.00. Following the purchase, the director now owns 49,144 shares of the company's stock, valued at $1,330,819.52. This trade represents a 2.08 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.Get National Bankshares alerts:National Bankshares Price PerformanceNational Bankshares stock traded up $0.14 during mid-day trading on Monday, reaching $27.27. 1,628 shares of the company were exchanged, compared to its average volume of 9,216. The company has a fifty day simple moving average of $28.32 and a 200-day simple moving average of $29.41. The firm has a market cap of $173.43 million, a PE ratio of 22.35 and a beta of 0.55. National Bankshares, Inc. has a 12 month low of $26.00 and a 12 month high of $35.00. National Bankshares (NASDAQ:NKSH - Get Free Report) last issued its earnings results on Thursday, January 23rd. The bank reported $0.48 earnings per share for the quarter, meeting analysts' consensus estimates of $0.48. National Bankshares had a return on equity of 5.00% and a net margin of 9.64%. Sell-side analysts anticipate that National Bankshares, Inc. will post 2.35 earnings per share for the current year. Hedge Funds Weigh In On National BanksharesA number of institutional investors have recently added to or reduced their stakes in NKSH. Charles Schwab Investment Management Inc. boosted its position in National Bankshares by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 16,268 shares of the bank's stock valued at $486,000 after buying an additional 550 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of National Bankshares by 16.7% during the 3rd quarter. Private Trust Co. NA now owns 3,500 shares of the bank's stock valued at $105,000 after acquiring an additional 500 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of National Bankshares by 71.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,757 shares of the bank's stock valued at $53,000 after acquiring an additional 734 shares in the last quarter. State Street Corp grew its position in National Bankshares by 0.8% during the 3rd quarter. State Street Corp now owns 79,406 shares of the bank's stock worth $2,374,000 after acquiring an additional 622 shares during the last quarter. Finally, Barclays PLC increased its holdings in National Bankshares by 290.4% in the 3rd quarter. Barclays PLC now owns 7,487 shares of the bank's stock worth $224,000 after purchasing an additional 5,569 shares in the last quarter. 29.73% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast GrowthNKSH has been the topic of several recent research reports. StockNews.com upgraded National Bankshares from a "sell" rating to a "hold" rating in a research report on Saturday, February 1st. Janney Montgomery Scott upgraded shares of National Bankshares from a "neutral" rating to a "buy" rating and set a $38.00 price objective for the company in a research note on Friday, November 22nd.Check Out Our Latest Stock Analysis on National BanksharesAbout National Bankshares (Get Free Report)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.Featured StoriesFive stocks we like better than National BanksharesComparing and Trading High PE Ratio StocksOccidental Petroleum: 4 Reasons to Love These PricesWhat is a Secondary Public Offering? What Investors Need to KnowSuper Micro's International Presence Makes It a Winning StockInsider Selling Explained: Can it Inform Your Investing Choices?Grocery Outlet Insider and Institutional Buyers Signal BottomThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in National Bankshares Right Now?Before you consider National Bankshares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Bankshares wasn't on the list.While National Bankshares currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here