Director Swartz buys 200 ATLO shares at $20.80; cluster pattern with 2 other insiders buying within 14 days
Kevin L Swartz (Director) purchased 200 shares of Ames National Corp at $20.80 on 2025-11-21, increasing his holdings from 5,180 to 5,380 shares. This buy is part of a broader insider activity cluster: 2 other insiders bought within the past 14 days, suggesting coordinated confidence in the company's direction. Swartz's prior open-market buys at ATLO generated consistently positive 90-day returns (6.9%, 17.7%, 1.4%), indicating a pattern of well-timed purchases at this ticker. The company trades at a P/E of 11.90 with a market cap of $190,470,217.14, and the stock has risen 8.2% over 90 days and is currently 0.2% below its 52-week high of $21.46, suggesting recent upward momentum.
Director Kevin L Swartz buys 400 shares of ATLO at $17.00; 9 other insiders bought within 14 days.
Kevin L Swartz, a director at Ames National Corp, purchased 400 shares at $17.00 on 2024-10-30, increasing his holdings from 4,780 to 5,180 shares (+8.4%). This buy occurs within a broader cluster pattern: 9 other insiders also purchased shares within the past 14 days, suggesting coordinated or reinforced confidence in the company's valuation at current levels. Swartz's prior purchases at ATLO (on 2023-09-14 and 2023-08-31) both showed positive 90-day returns of +17.7% and +1.4%, respectively, indicating a pattern of well-timed accumulation at this ticker. The current stock trades 23.8% below its 52-week high and down 10.0% over 90 days, suggesting Swartz is buying into a period of recent weakness; whether this proves prescient depends on whether the broader insider cluster activity reflects genuine valuation opportunity or coincidental timing.
