Insider Buying Alert: Penko Ivanov Acquires 12,000 Shares of Arrow Financial Corp (AROW)

Penko Ivanov, Senior Executive Vice President, Treasurer, and Chief Financial Officer of Arrow Financial Corp, purchased 12,000 shares of the company on August 27, 2025. Ivanov now owns a total of 19,715 shares of Arrow Financial Corp, which provides commercial and consumer banking services. The transaction occurred when shares were trading at $29.46, and the company has a market cap of $490.447 million.

Arrow Financial Corp. (AROW) has seen a significant increase in its shareholdings by its Senior Executive Vice President, Treasurer, and Chief Financial Officer, Penko Krassimir Ivanov. On August 27, 2025, Ivanov purchased 12,000 shares of the company, bringing his total holdings to 19,715 shares. This acquisition comes at a time when the stock was trading at $29.46 per share, and the company's market capitalization stands at $490.447 million.

Ivanov's latest purchase follows a series of transactions where he has been increasing his stake in the company. On August 26, 2025, he acquired 1078 shares at $29.46 per share, and on August 27, 2025, he purchased an additional 3925 shares at $29.38 per share and 6997 shares at $29.5 per share [1]. These transactions highlight Ivanov's confidence in Arrow Financial's prospects and may signal positive sentiment among senior management.

Arrow Financial has recently announced an increase in its quarterly dividend to $0.29 from $0.28, with a dividend yield of 3.9% and a payout ratio of 63.39% [1]. The company also reported earnings per share (EPS) of $0.70 for the latest quarter, beating the consensus estimate of $0.62 by $0.08. Analysts predict that Arrow Financial will post an EPS of 2.65 for the current fiscal year, with a consensus rating of "Hold" and an average target price of $28.25 [1].

The stock has shown a mixed performance over the past year, with a 52-week low of $22.72 and a 52-week high of $34.63. The company's debt-to-equity ratio is 0.06, and it has a market capitalization of $483.89 million [1]. Arrow Financial provides commercial and consumer banking services and has a debt-to-equity ratio of 0.06, a quick ratio of 0.93, and a current ratio of 0.93 [1].

These transactions highlight Ivanov's confidence in Arrow Financial's prospects and may signal positive sentiment among senior management. As the company continues to perform well and make strategic acquisitions, it will be essential to monitor Ivanov's future actions and the broader market trends impacting Arrow Financial.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-deutsche-bank-ag-acquires-30891-shares-of-arrow-financial-corporation-arow-2025-08-24/