In a current transaction disclosed in an SEC submitting, Stevenson Scott R, a director at QNB Corp (OTC:QNBC), acquired 117 shares of the corporate’s frequent inventory. The small-cap financial institution, at present valued at $125 million, has seen spectacular momentum with a 48.5% value surge over the previous six months. Based on InvestingPro information, the inventory trades close to its 52-week excessive whereas sustaining a horny P/E ratio of 12.6x. The shares have been bought at a value of $33.92 every, amounting to a complete funding of $3,968. Following this transaction, Stevenson holds roughly 1,701 shares within the firm. The shares have been issued as a part of the 2023 Non-Worker Director Compensation Plan. Notably, QNB Corp gives a sturdy 4.36% dividend yield and has maintained dividend funds for 28 consecutive years. InvestingPro subscribers can entry 6 further key insights about QNBC’s monetary well being and market place.
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