United Community Banks EVP, CFO sells $885,249 in common stock By Investing.com
- Investment Opportunities Markets
Peter Lynch- 0
- 3 minutes read
Jefferson L. Harralson, Executive Vice President and Chief Financial Officer of United Community Banks Inc. (), sold 25,000 shares of the company’s common stock on July 28, 2026. The transactions amounted to approximately $885,249.
The shares were sold in multiple transactions at prices ranging from $35.32 to $35.60 per share, with a weighted average price of $35.41. The stock currently trades at $35.68 with a market cap of $4.28 billion. According to InvestingPro analysis, UCB appears undervalued at current levels, trading at a P/E ratio of 11.64 and an attractive PEG ratio of 0.29. Following these sales, Mr. Harralson directly holds 37,433 shares of United Community Banks common stock. Notably, the company has raised its dividend for 12 consecutive years, currently yielding 2.84%. For deeper insights, including Fair Value estimates and comprehensive analysis, investors can access UCB’s Pro Research Report on InvestingPro.
In other recent news, United Community Banks reported its second-quarter 2026 financial results. The company announced operating earnings of $0.71 per share, which fell short of Wall Street’s forecast of $0.81 per share. Revenue for the quarter was $279.3 million, slightly below the expected $280.25 million. Despite the earnings miss, United Community Banks noted an 8% rise in operating profit compared to the previous year, with revenue increasing by 7%. The earnings results have prompted a cautious investor response, partly due to the outlook for slightly higher deposit costs later this year.
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