Peoples Bancorp director Abernethy sells $42,910 in shares By Investing.com
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Peter Lynch- 0
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James S. Abernethy, a director at Peoples Bancorp of North Carolina Inc. (), sold 1,000 shares of common stock on July 30, 2026, for a total value of $42,910.
The shares were sold at a price of $42.91 per share, slightly below the current trading price of $43.23. The stock has delivered a strong ~54% return over the past year, though InvestingPro analysis suggests the shares are currently overvalued relative to its Fair Value estimate. Following this transaction, Mr. Abernethy directly holds 66,626 shares of the company’s common stock.
Additionally, Mr. Abernethy has indirect beneficial ownership of 35,400 shares through his son and 70,441 shares through his role as VP, Secretary & Chairman of Alexander Railroad Co.
In other recent news, Peoples Bancorp of North Carolina has announced a quarterly cash dividend of $0.21 per share for the second quarter of 2026. The dividend is set to be paid on June 15, 2026, to shareholders who are on record as of June 3, 2026. This announcement was made public through a press release issued by the company.
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