Abernethy James S, director at Peoples Bancorp, sells $16k in stock

Director James S. Abernethy of Peoples Bancorp (NASDAQ:PEBO) of North Carolina Inc (NASDAQ:PEBK) sold 600 shares of common stock on August 4, 2025. The shares were sold at a price of $28.01, totaling $16,806. The regional bank, currently valued at $148 million, trades at a P/E ratio of 8.76. According to InvestingPro analysis, the stock appears slightly undervalued at its current price of $27.93.

Following the transaction, Abernethy directly owns 71,676 shares of Peoples Bancorp. In addition, Abernethy indirectly owns 38,800 shares through his son, and 70,441 shares as VP, Sec & Chairman of Alexander Railroad.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.