Kristen Ludgate Buys Shares of Associated Banc-Corp

Kristen Ludgate recently acquired 38 shares of Associated Banc-Corp, trading on the NYSE under the ticker ASB. The purchase was made on June 15, 2026, at an average price of $29.22 per share, amounting to a total of $1,110.36. This insider transaction was not conducted under a Rule 10b5-1 trading plan.

Insider Buying and Selling at Associated Banc-Corp

On June 15, 2026, several insiders, including Kristen Ludgate, bought shares of Associated Banc-Corp. Michael Haddad acquired 33 shares at $29.41 and another 38 shares at $29.22. John Utz, Executive Vice President, purchased 46 shares at $29.49. Derek Meyer, EVP and Chief Financial Officer, bought 127 shares at $29.22, while Cory Nettles acquired 382 shares at the same price.

Other Institutional Activity in Associated Banc-Corp

BlackRock, Inc. increased its holdings by 1,214,530 shares, ending with 22,420,184 shares valued at about $579.79 million. Vanguard Portfolio Management LLC initiated a new position with 10,881,788 shares worth approximately $281.40 million. Dimensional Fund Advisors LP added 170,080 shares, resulting in a total of 9,811,228 shares valued at $253.71 million. State Street Corp grew its position by 250,096 shares, reaching a total of 8,961,442 shares worth about $231.74 million. First Trust Advisors LP significantly increased its stake by 3,347,699 shares, holding 5,971,227 shares valued at $154.42 million.

Associated Banc-Corp Stock Snapshot

Shares of NYSE:ASB traded near $29.34. Associated Banc-Corp has a market capitalization of approximately $5.54 billion, with a P/E ratio of 10.19 and a forward P/E of 9.07. The stock's 52-week range is between $22.48 and $29.96, with a 50-day moving average of $27.95 and a 200-day moving average of $26.59. The beta is 0.788, indicating lower volatility compared to the market.

Recent Earnings

Associated Banc-Corp reported revenue of about $1.47 billion, with a revenue growth of 12.2%. The company's net margin stands at 33.43%, and it achieved a return on equity of 10.18%. The next earnings report is expected on July 23, 2026.

Dividend

The company pays an annual dividend rate of $0.95, yielding 3.24%, with a payout ratio of 32.64%.

Analysts Set New Price Targets

On April 24, 2026, Keefe, Bruyette & Woods maintained a hold rating with a $31.00 price target. Piper Sandler and Baird also maintained hold ratings with $30.00 targets on the same date. Barclays upgraded the stock to a buy with a $33.00 target on April 7, 2026. The consensus among analysts is a hold rating, with a mean price target of $31.00 from nine analysts.

About Associated Banc-Corp

Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is a bank holding company providing a range of banking and financial services. It operates in states like Wisconsin, Illinois, and Minnesota, offering products such as loans, mortgages, and credit lines. The company also provides deposit services, cash management, and investment solutions. Founded in 1861, Associated Banc-Corp is led by CEO Andrew John Harmening and employs approximately 3,934 people.

Bottom Line

Kristen Ludgate's recent purchase of Associated Banc-Corp shares highlights insider confidence in the company. Investors often track such insider transactions for potential insights into company performance. While 13F filings and insider trades provide valuable information, they reflect past actions and may not indicate future performance.