Insider Sale: Director Kim Boyd-leaks Sells Shares of Peoples Bancorp of North Carolina Inc (PEBK)

Article's Main Image

On August 7, 2024, Kim Boyd-leaks, Director at Peoples Bancorp of North Carolina Inc (PEBK, Financial), executed a sale of 8,686 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 1,022.269 shares of Peoples Bancorp of North Carolina Inc.

Peoples Bancorp of North Carolina Inc operates as the bank holding company for Peoples Bank, which provides various banking products and services to individuals and small to medium-sized businesses. The company offers a range of deposit products and provides commercial and consumer loans.

Shares of Peoples Bancorp of North Carolina Inc were priced at $28.91 on the day of the transaction. The company has a market cap of approximately $151.81 million. The price-earnings ratio stands at 9.66, which is below the industry median of 9.99.

According to the GF Value, the intrinsic value of Peoples Bancorp of North Carolina Inc is estimated at $31.79 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.91.

1822035646139756544.png

Over the past year, Kim Boyd-leaks has sold a total of 8,686 shares and has not made any purchases. The insider transaction history for Peoples Bancorp of North Carolina Inc shows no insider buys in the past year, but there have been 5 insider sells in the same period.

1822035606939791360.png

This recent sale by Director Kim Boyd-leaks continues the trend of insider sales at Peoples Bancorp of North Carolina Inc, which may be of interest to current and potential investors looking to understand insider sentiment and company valuation metrics.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.