Peoples Bancorp of North Carolina (NASDAQ:PEBK) Director James Abernethy Sells 500 Shares of Stock

Posted by George Bondi on Jul 31st, 2026

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Get Free Report) Director James Abernethy sold 500 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $43.17, for a total transaction of $21,585.00. Following the sale, the director directly owned 35,400 shares of the company’s stock, valued at $1,528,218. The trade was a 1.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Peoples Bancorp of North Carolina Stock Performance

PEBK opened at $43.00 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.10. The firm’s 50-day moving average price is $42.79 and its 200 day moving average price is $40.24. Peoples Bancorp of North Carolina, Inc. has a twelve month low of $26.81 and a twelve month high of $45.78. The firm has a market capitalization of $234.78 million, a PE ratio of 11.81 and a beta of 0.29.

Peoples Bancorp of North Carolina (NASDAQ:PEBK – Get Free Report) last issued its earnings results on Monday, July 20th. The bank reported $0.96 earnings per share for the quarter. The business had revenue of $23.11 million for the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.88% and a net margin of 17.25%.

Peoples Bancorp of North Carolina Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $0.84 dividend on an annualized basis and a yield of 2.0%. Peoples Bancorp of North Carolina’s payout ratio is 23.08%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Peoples Bancorp of North Carolina in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Read Our Latest Stock Analysis on PEBK

Institutional Trading of Peoples Bancorp of North Carolina

A number of hedge funds and other institutional investors have recently made changes to their positions in PEBK. Russell Investments Group Ltd. raised its position in shares of Peoples Bancorp of North Carolina by 116.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 932 shares of the bank’s stock valued at $29,000 after buying an additional 502 shares during the period. Advisory Services Network LLC purchased a new position in Peoples Bancorp of North Carolina in the third quarter worth approximately $45,000. BNP Paribas Financial Markets grew its position in Peoples Bancorp of North Carolina by 28.1% in the third quarter. BNP Paribas Financial Markets now owns 1,600 shares of the bank’s stock worth $49,000 after acquiring an additional 351 shares during the period. Raymond James Financial Inc. acquired a new stake in Peoples Bancorp of North Carolina during the second quarter worth $63,000. Finally, MetLife Investment Management LLC acquired a new stake in Peoples Bancorp of North Carolina during the fourth quarter worth $88,000. Institutional investors and hedge funds own 43.83% of the company’s stock.

About Peoples Bancorp of North Carolina

(Get Free Report)

Peoples Bancorp of North Carolina, Inc is a bank holding company headquartered in Hickory, North Carolina, that operates through its wholly owned subsidiary, Peoples Bank. The company provides a comprehensive suite of banking and financial services tailored to individuals, small businesses, and municipal clients in the western region of North Carolina.

Through its community banking network, Peoples Bancorp offers deposit products such as checking, savings, money market accounts and certificates of deposit, alongside consumer and commercial lending solutions.