NATIONAL BANKSHARES INC VA NKSH
COM · Common Stock · CUSIP 634865109
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersBlacksburg, VA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 5.9m as of 2023-08-09, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $29.17.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 52 |
| Q4 2022 | 59 |
| Q1 2023 | 61 |
| Q2 2023 | 63 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 24 | 14 |
| Q1 2023 | 28 | 19 |
| Q2 2023 | 35 | 24 |
Biggest buyers
| BlackRock Inc. | Added | +244.7k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +58.0k |
| STATE STREET CORP | Added | +43.8k |
| NORTHERN TRUST CORP | Added | +35.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +27.0k |
| VANGUARD GROUP INC | Added | +22.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +15.7k |
| Bank of New York Mellon Corp | Added | +13.7k |
| LPL Financial LLC | Added | +12.4k |
| Nuveen Asset Management, LLC | New | +7.8k |
Biggest sellers
| Rhino Investment Partners, Inc | Sold out | -76.3k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -57.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -38.3k |
| ROYCE & ASSOCIATES LP | Reduced | -29.1k |
| JANE STREET GROUP, LLC | Sold out | -15.7k |
| HRT FINANCIAL LP | Sold out | -14.2k |
| Manchester Capital Management LLC | Sold out | -13.0k |
| Qube Research & Technologies Ltd | Sold out | -12.2k |
| GOLDMAN SACHS GROUP INC | Sold out | -10.6k |
| Quadrature Capital Ltd | Sold out | -7.4k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $26.6k | 0 | — | — |
| Q1 2022 | 1 | $18.4k | 0 | — | — |
| Q2 2022 | 7 | $118.3k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 6 | $206.9k | 0 | — | — |
| Q2 2023 | 6 | $218.4k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-22 | DENARDO F BRAD Chairman, President & CEO, director | Bought | $15.0k546 shares |
| 2023-05-18 | BALL LAWRENCE J Director | Bought | $28.7k1.0k shares |
| 2023-05-09 | BALL LAWRENCE J Director | Bought | $28.0k1.0k shares |
| 2023-05-09 | Dye Michael E Director | Bought | $9.1k325 shares |
| 2023-05-04 | Fitzwater Norman V III Director | Bought | $7.1k250 shares |
| 2023-05-02 | Sanders Bobby D. II SVP/Chief Credit Officer | Bought | $4.1k150 shares |
| 2023-04-27 | Dye Michael E Director | Bought | $6.1k200 shares |
| 2023-04-26 | Sanders Bobby D. II SVP/Chief Credit Officer | Bought | $4.5k150 shares |
| 2023-04-24 | Dooley John Elliott Director | Bought | $41.9k1.3k shares |
| 2023-04-24 | Fitzwater Norman V III Director | Bought | $32.6k1.0k shares |
| 2023-04-24 | BALL LAWRENCE J Director | Bought | $32.0k1.0k shares |
| 2023-04-24 | Sanders Bobby D. II SVP/Chief Credit Officer | Bought | $9.5k300 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 368.2k $10.7m | Added +244.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 309.1k $9.0m | Added +22.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 115.0k $3.4m | Added +58.0k |
| BRANDES INVESTMENT PARTNERS, LP 0.06% of their portfolio | 106.6k $3.1m | Added +4.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 99.4k $2.9m | Added +6.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 85.2k $2.5m | Added +27.0k |
| STATE STREET CORP 0.00% of their portfolio | 67.3k $2.0m | Added +43.8k |
| RBF Capital, LLC 0.09% of their portfolio | 50.0k $1.5m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 49.0k $1.4m | Added +35.3k |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 29.9k $871.9k | Reduced -29.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 29.2k $850.0k | Reduced -4.5k |
| LPL Financial LLC 0.00% of their portfolio | 27.8k $810.1k | Added +12.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 27.7k $808.0k | Reduced -1.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 25.1k $733.5k | Added +13.7k |
| Cerity Partners LLC 0.00% of their portfolio | 24.8k $724.0k | Unchanged |
| KENNEDY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 22.6k $658.4k | Added +3.6k |
| Taylor Hoffman Wealth Management 0.26% of their portfolio | 18.1k $529.8k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 15.7k $458.8k | New |
| Marotta Asset Management 0.10% of their portfolio | 15.2k $443.9k | First filing |
| Partners in Financial Planning 0.11% of their portfolio | 14.9k $434.4k | Added +1.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 14.4k $420.8k | Reduced -4.1k |
| Moors & Cabot, Inc. 0.02% of their portfolio | 11.8k $343.4k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 11.1k $324.2k | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 10.0k $292.0k | Reduced -7.4k |
| Carson Advisory Inc. 0.25% of their portfolio | 10.0k $291.9k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 9.2k $267.3k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 8.9k $260.0k | Added +2.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 7.8k $228.5k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.1k $209.0k | Added +930 |
| Eagle Ridge Investment Management 0.02% of their portfolio | 7.1k $205.9k | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 6.9k $202.0k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 5.9k $173.3k | Reduced -7.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.6k $164.1k | New |
| Geneos Wealth Management Inc. 0.01% of their portfolio | 5.4k $158.6k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.5k $131.0k | Reduced -2.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 4.2k $122.2k | Added +2.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.9k $112.3k | Added +282 |
| UBS Group AG 0.00% of their portfolio | 3.8k $109.7k | Added +2.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 3.1k $91.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.1k $90.5k | New |
| M&R CAPITAL MANAGEMENT INC 0.02% of their portfolio | 3.1k $89.7k | Unchanged |
| PRIVATE TRUST CO NA 0.01% of their portfolio | 3.0k $87.6k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 2.8k $81.2k | New |
| Bogart Wealth, LLC 0.00% of their portfolio | 2.6k $76.0k | Added +1.6k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.5k $72.9k | Added +109 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.9k $56.1k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.7k $50.2k | Reduced -5.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.5k $43.8k | New |
| BARCLAYS PLC 0.00% of their portfolio | 1.2k $33.8k | Added +254 |
| COMERICA BANK 0.00% of their portfolio | 1.1k $24 | First filing |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 568 $16.6k | Added +158 |
| AMALGAMATED BANK 0.00% of their portfolio | 562 $16.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 549 $16.0k | New |
| EARNEST PARTNERS LLC 0.00% of their portfolio | 500 $14.6k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 477 $13.9k | New |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 323 $9.4k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 313 $9.0k | Reduced -108 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 169 $4.9k | Unchanged |
| FMR LLC 0.00% of their portfolio | 164 $4.8k | Reduced -288 |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 50 $1.5k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 15 $438 | New |
| TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio | 5 $150 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |