Insider Sale: Director S Beam Sells 4,000 Shares of Peoples Bancorp Inc (Marietta OH) (PEBO)

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Nov 07, 2024
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On November 6, 2024, S Beam, Director of Peoples Bancorp Inc (Marietta OH) (PEBO, Financial), executed a sale of 4,000 shares of the company at a price of $34.31 per share. This transaction was documented in a recent SEC Filing. Following this sale, the insider now directly owns 23,760 shares of the company.

Peoples Bancorp Inc (Marietta OH) operates as a diversified financial services holding company, primarily providing banking, leasing, insurance, and investment solutions. The company's services cater to individuals and small to medium-sized businesses, emphasizing community-oriented banking operations.

Over the past year, S Beam has sold a total of 4,000 shares and has not made any purchases of the company's stock. The broader insider transaction trend at Peoples Bancorp Inc (Marietta OH) shows a pattern of more insider sales than buys, with 24 insider sales and 5 insider buys over the last year.

Shares of Peoples Bancorp Inc (Marietta OH) were trading at $34.31 on the day of the sale, giving the company a market cap of approximately $1.22 billion. The price-earnings ratio of the stock stands at 9.78, which is below both the industry median of 10.67 and the company's historical median.

According to the GF Value assessment, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 1.09. The GF Value of $31.60 is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This insider sale might interest investors tracking insider behaviors as an indicator of company performance and valuation perspectives. The transaction details and the company's valuation metrics provide a snapshot of Peoples Bancorp Inc (Marietta OH)'s current financial position and market perception.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.