Peoples Bancorp director Billy Price Jr. buys $8,457 in company stock

Dr. Billy L. Price Jr., a director at Peoples Bancorp of North Carolina Inc. (NASDAQ:PEBK), recently purchased company stock valued at $8,457. The transaction, which occurred on October 21, 2026, involved the acquisition of 200 shares.

Dr. Price acquired the shares at a price of $42.285 per share, slightly below the current trading price of $43.57. The stock has delivered a robust 44.74% return over the past year, though InvestingPro analysis suggests the shares are trading above their Fair Value. Following this transaction, Dr. Price directly holds 15,443.89 shares of Peoples Bancorp of North Carolina Inc.

The insider purchase comes as the company trades at a P/E ratio of 10.85 with an attractive PEG ratio of 0.34, suggesting potential value relative to earnings growth. According to InvestingPro Tips, Peoples Bancorp has maintained dividend payments for an impressive 42 consecutive years, currently yielding 1.93%. Investors seeking deeper insights can access 3 additional ProTips and comprehensive financial metrics on the InvestingPro platform.