Insider Buying: Peoples Financial Corp CEO Buys 1,000 Shares of Stock (PFBX)
Peoples Financial Corp (NASDAQ:PFBX) CEO Chevis Swetman bought 1,000 shares of the 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, for a total transaction 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 transaction was disclosed in a filing with the SEC, which is available at this link.
Peoples Financial Corp (NASDAQ:PFBX) opened at 13.30 on Friday. Peoples Financial Corp has a 1-year low of $11.15 and a 1-year high of $13.75. The stock’s 50-day moving average is $13.23 and its 200-day moving average is $13.38. The company has a market cap of $68.1 million and a P/E ratio of 74.30.
Peoples Financial Corp (NASDAQ:PFBX) last announced its earnings results on Wednesday, July 23rd. The company reported $0.07 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted ($0.23) earnings per share. On average, analysts predict that Peoples Financial Corp will post $0.47 earnings per share 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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