Insider Sale: Director David Dierker Sells 1,000 Shares of Peoples Bancorp Inc (Marietta OH) (PEBO)

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On September 23, 2024, David Dierker, Director at Peoples Bancorp Inc (Marietta OH) (PEBO, Financial), executed a sale of 1,000 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now directly owns 10,330 shares in the company.

Peoples Bancorp Inc (Marietta OH) operates as a diversified financial services holding company. It provides banking, insurance, investment, and trust solutions through its subsidiaries. The company primarily serves individual and corporate clients in Ohio, West Virginia, and Kentucky.

Over the past year, David Dierker has sold a total of 9,000 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 20 insider sells and only 5 insider buys over the past year.

Shares of Peoples Bancorp Inc (Marietta OH) were trading at $30.36 on the day of the sale. The company has a market cap of approximately $1.06 billion. The price-earnings ratio of the stock stands at 8.47, which is below both the industry median of 10.26 and the company's historical median.

According to the GF Value, the intrinsic value of Peoples Bancorp Inc (Marietta OH) is estimated at $32.75 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.93.

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The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

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This insider sale might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.

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.