On October 24, 2024, David Dierker, Director of Peoples Bancorp Inc (Marietta OH) (PEBO, Financial), executed a sale of 580 shares of the company at a price of $30.9 per share. This transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 10,134 shares of the company.
Peoples Bancorp Inc (Marietta OH) operates as a diversified financial services holding company. It offers commercial and retail banking, insurance, brokerage, and trust services through its subsidiaries. The company primarily serves customers in Ohio, West Virginia, and Kentucky.
Over the past year, David Dierker has sold a total of 10,000 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 23 insider sells and only 5 insider buys over the past year.
Shares of Peoples Bancorp Inc (Marietta OH) were trading at $30.9 on the day of the sale, giving the company a market cap of $1.08 billion. The price-earnings ratio of the stock is 8.65, which is below both the industry median of 10.5 and the company's historical median.
According to the GF Value, the intrinsic value of Peoples Bancorp Inc (Marietta OH) is estimated at $32.88 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.94.
The GF Value is calculated based on historical trading multiples, an adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels regarding the company's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
