Alerus Financial Corporation (ALRS)
Largest Insider Buys in Sector
ALRS Stock Price History Chart
ALRS Stock Performance
About Alerus Financial Corporation
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.
Insider Activity of Alerus Financial Corporation
Over the last 12 months, insiders at Alerus Financial Corporation have bought $0 and sold $0 worth of Alerus Financial Corporation stock.
On average, over the past 5 years, insiders at Alerus Financial Corporation have bought $660,829 and sold $0 worth of stock each year.
There was no buying activity among insiders over the last 12 months.
The last purchase of 1,000 shares for transaction amount of $14,400 was made by Villalon Alan (Chief Financial Officer) on 2023‑05‑15.
List of Insider Buy and Sell Transactions, Alerus Financial Corporation
| 2023-05-15 | Villalon Alan | Chief Financial Officer | 1,000 0.005% | $14.40 | $14,400 | +35.90% | ||
| 2023-05-12 | Vetter Galen G | director | 1,980 0.0098% | $13.88 | $27,473 | +38.67% | ||
| 2023-05-12 | Lorenson Katie A | President and CEO | 1,438 0.0071% | $13.90 | $19,988 | +38.67% | ||
| 2023-05-11 | ESTEP JANET O | director | 3,717 0.0181% | $13.41 | $49,835 | +41.05% | ||
| 2023-03-17 | Lorenson Katie A | President and CEO | 905 0.0046% | $16.56 | $14,987 | +13.52% | ||
| 2023-03-16 | Keney Missy | Chief Engagement Officer & EVP | 588 0.0029% | $16.92 | $9,949 | +9.05% | ||
| 2023-03-15 | Villalon Alan | Chief Financial Officer | 3,000 0.0148% | $16.35 | $49,052 | +12.44% | ||
| 2023-03-08 | Lorenson Katie A | President and CEO | 789 0.0039% | $18.94 | $14,941 | -2.21% | ||
| 2023-01-31 | Zimmer Mary | director | 1,250 0.0062% | $20.36 | $25,451 | -8.77% | ||
| 2023-01-30 | Hanson Jerrod | Chief Accounting Officer | 1,150 0.0058% | $20.09 | $23,105 | -5.36% | ||
| 2022-06-16 | Lorenson Katie A | President and CEO | 1,000 0.0058% | $22.98 | $22,980 | -2.30% | ||
| 2022-05-02 | Lorenson Katie A | President and CEO | 994 0.0057% | $25.10 | $24,949 | -7.30% | ||
| 2019-09-17 | Newman Randy L | Chairman, CEO, and President | 9,142 0.0615% | $21.00 | $191,982 | -2.05% | ||
| 2019-09-17 | Compton Kris | Executive Vice President/ CSO | 2,000 0.0135% | $21.00 | $42,000 | -2.05% | ||
| 2019-09-17 | McConn Ann | Executive Vice President/ CBO | 2,380 0.016% | $21.00 | $49,980 | -2.05% | ||
| 2019-09-17 | BOHN KAREN | director | 2,000 0.0135% | $21.00 | $42,000 | -2.05% | ||
| 2019-09-17 | Case Lloyd G | director | 4,000 0.0269% | $21.00 | $84,000 | -2.05% | ||
| 2019-09-17 | Vetter Galen G | director | 23,808 0.1602% | $21.00 | $499,968 | -2.05% | ||
| 2019-09-17 | Coughlin Daniel E | director | 20,000 0.1345% | $21.00 | $420,000 | -2.05% | ||
| 2019-09-17 | Lorenson Katie A | Executive Vice President/ CFO | 11,000 0.037% | $10.50 | $115,500 | -2.05% |
Insider Historical Profitability
| Newman Randy L | Chairman, CEO, and President | 471383 2.3887% | $18.44 | 1 | 0 | <0.0001% |
| Compton Kris | Executive Vice President/ CSO | 166138 0.8419% | $18.44 | 1 | 0 | <0.0001% |
| McConn Ann | Executive Vice President/ CBO | 48192 0.2442% | $18.44 | 1 | 0 | <0.0001% |
| Vetter Galen G | director | 44451 0.2252% | $18.44 | 2 | 0 | +18.31% |
| BOHN KAREN | director | 42675 0.2163% | $18.44 | 1 | 0 | <0.0001% |
| Case Lloyd G | director | 40661 0.206% | $18.44 | 1 | 0 | <0.0001% |
| Lorenson Katie A | President and CEO | 38836 0.1968% | $18.44 | 6 | 0 | +6.39% |
| Coughlin Daniel E | director | 35130 0.178% | $18.44 | 1 | 0 | <0.0001% |
| Taylor Karin M | Executive Vice President/ CRO | 13796 0.0699% | $18.44 | 1 | 0 | <0.0001% |
| Hanson Jerrod | Chief Accounting Officer | 12700 0.0644% | $18.44 | 1 | 0 | <0.0001% |
| Villalon Alan | Chief Financial Officer | 9287 0.0471% | $18.44 | 2 | 0 | +24.17% |
| ESTEP JANET O | director | 8156 0.0413% | $18.44 | 1 | 0 | +41.05% |
| Keney Missy | Chief Engagement Officer & EVP | 6168 0.0313% | $18.44 | 1 | 0 | +9.05% |
| Zimmer Mary | director | 3100 0.0157% | $18.44 | 1 | 0 | <0.0001% |
| Mathews Michael S | director | 3056 0.0155% | $18.44 | 1 | 0 | <0.0001% |
Institutional Investor Ownership
| Alerus Financial | $49.28M | 11.42 | 2.26M | -0.15% | -$76,012.06 | 3.96 | |
| BlackRock | $31.2M | 7.23 | 1.43M | -2.74% | -$878,373.71 | <0.01 | |
| The Vanguard Group | $19.9M | 4.61 | 911,806 | +1.52% | +$297,695.71 | <0.0001 | |
| Banc Funds Co Llc | $11.87M | 2.75 | 543,586 | -6.76% | -$860,852.88 | 1.69 | |
| Geode Capital Management | $8.45M | 1.96 | 386,919 | +2.32% | +$191,515.39 | <0.01 | |
| Ameriprise Financial | $7.65M | 1.77 | 350,227 | +6.06% | +$437,015.83 | <0.01 | |
| State Street | $7.65M | 1.76 | 347,386 | +4.77% | +$348,354.92 | <0.0001 | |
| Dimensional Fund Advisors | $5.84M | 1.35 | 267,315 | +5.17% | +$286,846.18 | <0.01 | |
| Brown Advisory | $5.73M | 1.33 | 262,451 | +1.67% | +$94,327.56 | 0.01 | |
| Endeavour Capital Advisors Inc. | $4.71M | 1.09 | 215,534 | 0% | +$0 | 1.63 | |
| American Century Investments | $4.12M | 0.95 | 188,686 | +37.26% | +$1.12M | <0.01 | |
| Boothbay Fund Management LLC | $4.02M | 0.93 | 184,266 | +145.69% | +$2.39M | 0.14 | |
| Northern Trust | $3.88M | 0.9 | 177,603 | -3.16% | -$126,461.21 | <0.01 | |
| Cutler Capital Management LLC | $3.45M | 0.8 | 158,201 | +0.46% | +$15,739.45 | 2.06 | |
| Charles Schwab | $3.09M | 0.72 | 141,554 | +2.42% | +$73,043.18 | <0.01 | |
| Mairs & Power, Inc. | $2.71M | 0.63 | 124,294 | 0% | +$0 | 0.03 | |
| Bridgeway Capital Management | $2.66M | 0.62 | 121,799 | +11.66% | +$277,655.75 | 0.05 | |
| BNY Mellon | $2.58M | 0.6 | 118,189 | -3.96% | -$106,268.86 | <0.0001 | |
| Zacks Investment Management | $1.81M | 0.42 | 82,742 | New | +$1.81M | 0.02 | |
| Los Angeles Capital Management LLC | $1.71M | 0.4 | 78,369 | New | +$1.71M | 0.01 | |
| Breckinridge Capital Advisors | $1.47M | 0.34 | 67,390 | +11.93% | +$156,848.58 | 1.22 | |
| Invesco | $1.35M | 0.31 | 61,805 | +360.13% | +$1.06M | <0.0001 | |
| Basswood Capital Management, LLC | $1.32M | 0.31 | 60,240 | 0% | +$0 | 0.08 | |
| Morgan Stanley | $1.29M | 0.3 | 59,205 | -34.86% | -$691,738.90 | <0.0001 | |
| Nuveen | $987,160.00 | 0.23 | 45,217 | 0% | +$0 | <0.0001 | |
| Empowered Funds Llc | $908,106.00 | 0.21 | 41,599 | +44.04% | +$277,655.72 | 0.02 | |
| Goldman Sachs | $836,045.00 | 0.19 | 38,298 | -25.63% | -$288,155.88 | <0.0001 | |
| JPMorgan Chase | $804,828.00 | 0.19 | 36,868 | +48.98% | +$264,601.28 | <0.0001 | |
| Cetera Advisors LLC | $637,698.00 | 0.15 | 29,212 | New | +$637,698.00 | 0.01 | |
| Barclays | $597,000.00 | 0.14 | 27,368 | -31.05% | -$268,898.68 | <0.0001 | |
| Acadian Asset Management | $573,000.00 | 0.13 | 26,294 | +4,147.82% | +$559,510.72 | <0.01 | |
| RhumbLine Advisers | $571,064.00 | 0.13 | 26,160 | +3.46% | +$19,122.78 | <0.01 | |
| State of Wisconsin Investment Board | $530,469.00 | 0.12 | 24,300 | -12.27% | -$74,222.00 | <0.01 | |
| HSBC | $530,273.00 | 0.12 | 24,291 | +9.01% | +$43,834.68 | <0.0001 | |
| Verus Capital Partners LLC | $517,371.00 | 0.12 | 23,700 | 0% | +$0 | 0.05 | |
| Mariner Llc | $442,249.00 | 0.1 | 20,259 | +0.48% | +$2,117.49 | <0.01 | |
| Lafayette Investments | $438,783.00 | 0.1 | 20,100 | 0% | +$0 | 0.1 | |
| Two Sigma Advisers LP | $421,319.00 | 0.1 | 19,300 | -32.99% | -$207,385.00 | <0.01 | |
| UBS | $416,037.00 | 0.1 | 19,058 | -8.98% | -$41,062.32 | <0.0001 | |
| Bank of America | $388,290.00 | 0.09 | 17,787 | -39.8% | -$256,677.00 | <0.0001 | |
| First Premier Bank | $372,000.00 | 0.09 | 17,036 | 0% | +$0 | 0.1 | |
| Riverwater Partners | $357,924.00 | 0.09 | 16,893 | -1.49% | -$5,424.05 | 0.29 | |
| Squarepoint Ops LLC | $351,223.00 | 0.08 | 16,089 | New | +$351,223.00 | <0.01 | |
| Renaissance Technologies | $240,000.00 | 0.06 | 11,000 | -20.29% | -$61,090.91 | <0.0001 | |
| Harbor Advisors Llc | $215,397.00 | 0.05 | 9,867 | 0% | +$0 | 0.04 | |
| MetLife Investment Management | $212,319.00 | 0.05 | 9,726 | 0% | +$0 | <0.01 | |
| New York State Common Retirement Fund | $200,000.00 | 0.05 | 9,150 | -0.1% | -$196.72 | <0.0001 | |
| American International Group | $192,824.00 | 0.05 | 8,833 | -0.85% | -$1,659.08 | <0.01 | |
| Wells Fargo | $181,891.00 | 0.04 | 8,332 | -2.18% | -$4,060.46 | <0.0001 | |
| Deutsche Bank | $147,505.00 | 0.03 | 6,757 | -40.14% | -$98,911.52 | <0.0001 |