Insider Buying: Peoples Financial Corp CEO Buys 1,000 Shares of Stock (PFBX)
Peoples Financial Corp (NASDAQ:PFBX) CEO Chevis Swetman purchased 1,000 shares of Peoples Financial Corp stock on the open market in a transaction dated Thursday, August 21st. The stock was purchased at an average cost of $13.29 per share, with a total value of $13,290.00. Following the completion of the transaction, the chief executive officer now directly owns 274,522 shares in the company, valued at approximately $3,648,397. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Peoples Financial Corp (NASDAQ:PFBX) traded up 0.41% on Thursday, hitting $13.30. The stock had a trading volume of 13,591 shares. Peoples Financial Corp has a one year low of $11.15 and a one year high of $13.75. The stock’s 50-day moving average is $13.24 and its 200-day moving average is $13.38. The company has a market cap of $68.1 million and a price-to-earnings ratio of 74.00.
Peoples Financial Corp (NASDAQ:PFBX) last released its earnings data on Wednesday, July 23rd. The company reported $0.07 earnings per share for the quarter. During the same quarter last year, the company posted ($0.23) earnings per share. Analysts expect that Peoples Financial Corp will post $0.47 EPS for the current fiscal year.
Peoples Financial Corporation is a bank holding company, which operates in the state of Mississippi through its wholly owned subsidiary, The Peoples Bank, Biloxi, Mississippi (NASDAQ:PFBX).
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