In a recent transaction disclosed in a Securities and Exchange Commission 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 prices up 48.5% over the past six months. according to InvestingPro According to the data, the stock is trading near its 52-week high while maintaining an attractive P/E ratio of 12.6 times. The shares were purchased at $33.92 per share, for a total investment of $3,968. After this deal, Stevenson owns approximately 1,701 shares in the company. The shares were issued as part of the 2023 Non-Employee Directors Compensation Plan. Notably, QNB offers a strong dividend yield of 4.36%, and has maintained its dividend for 28 consecutive years. InvestingPro Subscribers can access 6 additional key information about QNBC's financial condition and market position.
This article was created with the power of artificial intelligence and reviewed by an editor. For more information, see our terms and conditions.
