Insider Selling: Peoples Bancorp of North Carolina (NASDAQ:PEBK) Director Sells $227,404.98 in Stock

Posted by Geri Gentry on Aug 9th, 2026

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Get Free Report) Director Robert Abernethy sold 5,247 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $43.34, for a total value of $227,404.98. Following the completion of the transaction, the director owned 108,116 shares of the company’s stock, valued at $4,685,747.44. This represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Peoples Bancorp of North Carolina Price Performance

NASDAQ PEBK opened at $43.05 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 0.86. The stock has a market cap of $235.05 million, a price-to-earnings ratio of 11.83 and a beta of 0.29. The business has a 50 day simple moving average of $42.92 and a 200 day simple moving average of $40.49. Peoples Bancorp of North Carolina, Inc. has a 52-week low of $27.33 and a 52-week high of $45.78.

Peoples Bancorp of North Carolina (NASDAQ:PEBK – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The bank reported $0.96 earnings per share (EPS) for the quarter. The firm had revenue of $23.11 million for the quarter. Peoples Bancorp of North Carolina had a return on equity of 12.75% and a net margin of 17.25%.

Peoples Bancorp of North Carolina Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Peoples Bancorp of North Carolina from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Peoples Bancorp of North Carolina has an average rating of “Buy”.

View Our Latest Stock Analysis on Peoples Bancorp of North Carolina

Institutional Investors Weigh In On Peoples Bancorp of North Carolina

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Peoples Bancorp of North Carolina in the second quarter worth approximately $17,249,000. Dimensional Fund Advisors LP increased its position in Peoples Bancorp of North Carolina by 4.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 167,283 shares of the bank’s stock valued at $6,551,000 after purchasing an additional 7,404 shares during the period. Fourthstone LLC increased its position in Peoples Bancorp of North Carolina by 104.4% during the 4th quarter. Fourthstone LLC now owns 154,533 shares of the bank’s stock valued at $5,594,000 after purchasing an additional 78,921 shares during the period. Geode Capital Management LLC raised its holdings in Peoples Bancorp of North Carolina by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 109,442 shares of the bank’s stock worth $3,962,000 after purchasing an additional 886 shares during the last quarter. Finally, Maltese Capital Management LLC raised its holdings in Peoples Bancorp of North Carolina by 1.2% during the 4th quarter. Maltese Capital Management LLC now owns 49,958 shares of the bank’s stock worth $1,808,000 after purchasing an additional 612 shares during the last quarter. 43.83% of the stock is currently owned by institutional investors and hedge funds.

Peoples Bancorp of North Carolina Company Profile

(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.