Insider Selling: Peoples Bancorp of North Carolina (NASDAQ:PEBK) Director Sells $26,358.00 in Stock

Posted by Francis Steltz on Nov 1st, 2026

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK – Get Free Report) Director James Abernethy sold 600 shares of the firm’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $43.93, for a total transaction of $26,358.00. Following the completion of the sale, the director owned 34,300 shares in the company, valued at approximately $1,506,799. The trade was a 1.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Peoples Bancorp of North Carolina Price Performance

NASDAQ:PEBK opened at $44.03 on Friday. The stock has a market cap of $240.40 million, a P/E ratio of 10.95 and a beta of 0.30. Peoples Bancorp of North Carolina, Inc. has a one year low of $27.33 and a one year high of $45.78. The company has a fifty day moving average price of $43.82 and a 200 day moving average price of $41.42. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.86 and a quick ratio of 0.86.

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

Peoples Bancorp of North Carolina Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised 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.com, the stock currently has a consensus rating of “Strong Buy”.

Read Our Latest Report on PEBK

Institutional Trading of Peoples Bancorp of North Carolina

A number of institutional investors and hedge funds have recently modified their holdings of PEBK. GTS Securities LLC bought a new position in Peoples Bancorp of North Carolina in the second quarter worth $219,000. First Trust Advisors LP acquired a new stake in Peoples Bancorp of North Carolina during the first quarter worth $236,000. Ritholtz Wealth Management boosted its stake in 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 worth $279,000 after buying an additional 1,184 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in Peoples Bancorp of North Carolina during the first quarter worth $369,000. Finally, Empowered Funds LLC increased its holdings in Peoples Bancorp of North Carolina by 3.3% in the 1st quarter. Empowered Funds LLC now owns 35,324 shares of the bank’s stock valued at $1,383,000 after buying an additional 1,112 shares during the period. 43.83% of the stock is currently owned by institutional investors.

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.