StockNews.com Begins Coverage on Auburn National Bancorporation (NASDAQ:AUBN)

On December 23, 2024, StockNews.com announced that it has initiated coverage on Auburn National Bancorporation (NASDAQ:AUBN) with a research report. In this report, the brokerage has assigned a “hold” rating to the financial services company’s stock.

Auburn National Bancorporation Trading Performance

As of Friday, shares of NASDAQ AUBN opened at $23.19. The stock has a fifty-day moving average price of $22.28 and a 200-day moving average price of $20.25. Currently, the company holds a market capitalization of $81.03 million, a price-to-earnings (P/E) ratio of 92.76, and a beta value of 0.56. Over the past year, Auburn National Bancorporation’s stock has seen a low of $16.48 and a high of $25.25.

Recent Institutional Trading Activity

In recent months, several large investors have engaged in buying and selling shares of AUBN. During the third quarter, RBF Capital LLC acquired a new stake in Auburn National Bancorporation valued at approximately $229,000. Another firm, Captrust Financial Advisors, also purchased a new position worth about $211,000. Aptus Capital Advisors LLC increased its holdings in the company by 14.9%, now owning 28,390 shares valued at roughly $650,000 after adding 3,691 shares in the last quarter. Moreover, Geode Capital Management LLC raised its stake by 6.5%, now holding 23,368 shares valued at $535,000 following the purchase of an additional 1,429 shares. Empowered Funds LLC has increased its investment by 5.3%, now owning 10,598 shares valued at $243,000 after acquiring 536 more shares. Institutional investors and hedge funds currently control 39.46% of the company’s shares.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the parent company for AuburnBank. The bank provides a variety of banking and financial services in East Alabama, including checking, savings, and transaction deposit accounts, as well as certificates of deposit. They also offer a range of loan products, including commercial, financial, agricultural, real estate construction, and consumer loans, in addition to other financial services.

Additional Information

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