Michelle R. Cassabaum, a director at Ames National Corp (NASDAQ:ATLO), recently acquired 346 shares of the company's common stock. The shares were purchased at a price of $17.00 each, amounting to a total transaction value of $5,882. The purchase price sits near the stock's 52-week low of $15.69, with shares currently trading at $17.36. According to InvestingPro analysis, the company appears fairly valued at current levels. Following this acquisition, Cassabaum holds a total of 7,304 shares directly. This transaction was disclosed in a recent SEC filing, reflecting the director's ongoing investment in the company. The $155 million market cap company boasts a strong dividend track record, having maintained payments for 27 consecutive years with a current yield of 4.7%. InvestingPro subscribers can access additional insights, including 12+ more exclusive tips about ATLO's financial health and growth prospects.
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