Peoples Bancorp of North Carolina (NASDAQ:PEBK) Director Sells $43,790.00 in Stock

Posted by Francis Steltz on Oct 29th, 2026

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Get Free Report) Director James Abernethy sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $43.79, for a total value of $43,790.00. Following the completion of the sale, the director owned 64,626 shares of the company’s stock, valued at approximately $2,829,972.54. This trade represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Peoples Bancorp of North Carolina Price Performance

Shares of PEBK stock traded up $0.65 during trading hours on Thursday, reaching $44.60. The company’s stock had a trading volume of 58,863 shares, compared to its average volume of 30,331. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $243.52 million, a price-to-earnings ratio of 11.09 and a beta of 0.30. Peoples Bancorp of North Carolina, Inc. has a fifty-two week low of $27.33 and a fifty-two week high of $45.78. The firm’s 50 day simple moving average is $43.80 and its 200-day simple moving average is $41.34.

Peoples Bancorp of North Carolina (NASDAQ:PEBK – Get Free Report) last issued its earnings results on Monday, October 19th. The bank reported $1.05 earnings per share (EPS) for the quarter. Peoples Bancorp of North Carolina had a return on equity of 13.84% and a net margin of 18.93%. The business had revenue of $23.38 million during the quarter.

Peoples Bancorp of North Carolina Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Thursday, September 3rd were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, September 3rd. Peoples Bancorp of North Carolina’s payout ratio is 20.90%.

Institutional Trading of Peoples Bancorp of North Carolina

A number of institutional investors have recently made changes to their positions in PEBK. Dimensional Fund Advisors LP boosted its stake in shares of 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 in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Peoples Bancorp of North Carolina by 33.3% during the first quarter. Renaissance Technologies LLC now owns 37,614 shares of the bank’s stock valued at $1,473,000 after acquiring an additional 9,407 shares in the last quarter. Empowered Funds LLC raised its holdings in Peoples Bancorp of North Carolina by 3.3% in the first quarter. Empowered Funds LLC now owns 35,324 shares of the bank’s stock worth $1,383,000 after buying an additional 1,112 shares during the last quarter. Hsbc Holdings PLC bought a new position in Peoples Bancorp of North Carolina in the 1st quarter valued at approximately $369,000. Finally, Ritholtz Wealth Management boosted its position in shares of Peoples Bancorp of North Carolina by 19.9% during the first quarter. Ritholtz Wealth Management now owns 7,136 shares of the bank’s stock valued at $279,000 after buying an additional 1,184 shares during the last quarter. Hedge funds and other institutional investors own 43.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Peoples Bancorp of North Carolina from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Read Our Latest Stock Report on Peoples Bancorp of North Carolina

About Peoples Bancorp of North Carolina

(Get Free Report)

Peoples Bancorp of North Carolina, Inc is the bank holding company for Peoples Bank, a community banking institution headquartered in Newton, North Carolina. Through its banking subsidiary, the company provides financial services to individuals, families, businesses and nonprofit organizations.

Peoples Bank offers deposit products, including checking, savings, money market and certificate of deposit accounts, along with consumer, residential mortgage, commercial and real estate lending.