In a recent transaction disclosed in an SEC filing, Stevenson Scott R, director of QNB Corp (OTC:QNBC), acquired 117 shares of the company’s common stock. The small-cap bank, currently valued at $125 million, has seen impressive momentum with a 48.5% price rise over the past six months. According to data from InvestingPro, the stock is trading near its 52-week high while maintaining an attractive P/E ratio of 12.6x. The shares were purchased at a price of $33.92 each, equivalent to a total investment of $3,968. Following this transaction, Stevenson owns approximately 1,701 shares of the company. The shares were issued as part of the 2023 Non-Employee Directors Compensation Plan. Notably, QNB Corp offers a solid dividend yield of 4.36% and has maintained dividend payments for 28 consecutive years. InvestingPro subscribers can access 6 additional key insights into QNBC’s financial health and market position.
This article was generated with the support of AI and reviewed by an editor. For more information consult our T&C.