Jonathan Holtaway, a director at Hawthorn Bancshares Inc. (NASDAQ:HWBK), a $217 million market cap financial institution that has seen its stock surge nearly 59% over the past six months, has sold 7,424 shares of the company's common stock, according to a recent SEC filing. The shares were sold at a price of $32.05 each, totaling approximately $237,939. Following this transaction, Holtaway indirectly owns 382,191 shares through the Ategra Community Financial Institution Fund, LP, and 28,500 shares through an IRA. Holtaway serves as an owner and managing member of the general partner of the fund, as well as its co-portfolio manager. The company maintains a strong dividend track record, having raised its dividend for 13 consecutive years, with a current yield of 2.47%. According to InvestingPro analysis, the stock currently trades above its Fair Value, with a P/E ratio of 35.1x.
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