Peoples Bancorp of North Carolina (NASDAQ:PEBK) Director Robert Abernethy, Jr. Sells 1,200 Shares

Posted by Francis Steltz on Sep 2nd, 2026

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Get Free Report) Director Robert Abernethy, Jr. sold 1,200 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $43.13, for a total value of $51,756.00. Following the transaction, the director directly owned 57,566 shares in the company, valued at $2,482,821.58. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Peoples Bancorp of North Carolina Trading Down 1.1%

NASDAQ PEBK opened at $43.20 on Wednesday. The company has a market cap of $235.96 million, a PE ratio of 11.87 and a beta of 0.29. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.10. Peoples Bancorp of North Carolina, Inc. has a 12 month low of $27.33 and a 12 month high of $45.78. The stock has a 50 day moving average of $43.31 and a 200-day moving average of $41.35.

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 net margin of 17.25% and a return on equity of 12.75%.

Peoples Bancorp of North Carolina Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.21 per share. The ex-dividend date is Thursday, September 3rd. This represents a $0.84 annualized dividend and a dividend yield of 1.9%. Peoples Bancorp of North Carolina’s payout ratio is currently 23.08%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Peoples Bancorp of North Carolina from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company 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. Russell Investments Group Ltd. increased its holdings in shares of Peoples Bancorp of North Carolina by 116.7% in the third quarter. Russell Investments Group Ltd. now owns 932 shares of the bank’s stock valued at $29,000 after purchasing an additional 502 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Peoples Bancorp of North Carolina during the 3rd quarter worth about $45,000. BNP Paribas Financial Markets boosted its holdings in shares of Peoples Bancorp of North Carolina by 28.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,600 shares of the bank’s stock worth $49,000 after buying an additional 351 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Peoples Bancorp of North Carolina during the 2nd quarter worth about $63,000. Finally, MetLife Investment Management LLC acquired a new position in Peoples Bancorp of North Carolina in the 4th quarter valued at about $88,000. Institutional investors and hedge funds own 43.83% of the company’s stock.

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.