Insider Buying: Peoples Bancorp Of North Carolina Chairman Acquires 1,500 Shares of Stock (PEBK)
Peoples Bancorp Of North Carolina (NASDAQ:PEBK) Chairman Robert C. Abernethy acquired 1,500 shares of the company’s stock on the open market in a transaction dated Friday, August 15th. The shares were purchased at an average cost of $16.55 per share, for a total transaction of $24,825.00. Following the transaction, the chairman now directly owns 151,689 shares of the company’s stock, valued at approximately $2,510,453. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Peoples Bancorp Of North Carolina (NASDAQ:PEBK) traded down 1.20% on Friday, hitting $16.50. The stock had a trading volume of 3,740 shares. Peoples Bancorp Of North Carolina has a one year low of $12.01 and a one year high of $17.50. The stock’s 50-day moving average is $16.36 and its 200-day moving average is $16.15. The company has a market cap of $92.7 million and a P/E ratio of 11.68.
Peoples Bancorp of North Carolina, Inc serves as the holding company for Peoples Bank (NASDAQ:PEBK).
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