On November 1, 2024, Maureen Gathagan, a Director at Mid Penn Bancorp Inc (MPB, Financial), purchased 1,695 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's holdings to 999 shares.
Mid Penn Bancorp Inc operates as the bank holding company for Mid Penn Bank that provides commercial banking and trust services. The company's recent share price was $29.5, giving it a market cap of $582.391 million.
The price-earnings ratio of Mid Penn Bancorp Inc stands at 10.54, comparing to the industry median of 10.38. This valuation metric is slightly higher than the industry average but lower than the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $23.49, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.26.
The insider transaction history for Mid Penn Bancorp Inc shows a trend of insider confidence, with 51 insider buys and no sells over the past year. The insider's recent purchase aligns with this trend of increasing insider ownership.
For more detailed information on Mid Penn Bancorp Inc's financial metrics, such as price-sales ratio, price-book ratio, and price-to-free cash flow, investors are encouraged to visit the respective links.
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