Peoples Bancorp Director Sells 600 Shares at $31.01 Per Share on Sept. 3.

Peoples Bancorp of North Carolina Inc. (PEBK) has announced that Director Abernethy James S. has sold 600 shares at a price of $31.01 per share on September 3, 2025.

Peoples Bancorp of North Carolina Inc. (PEBK) has recently experienced a notable transaction involving its director, James S. Abernethy. On September 3, 2025, Abernethy sold 600 shares of the company's common stock at a price of $31.01 per share. This sale, totaling $18,690, has raised some interest among investors and financial professionals, particularly in light of recent technical indicators signaling bearish momentum for the stock.

The sale of shares by a company director can sometimes be interpreted as a signal of market sentiment or a personal financial decision. In this case, Abernethy's sale does not necessarily indicate a broader market trend but could contribute to investor caution. It is essential to consider this transaction within the context of the company's overall financial health and recent market conditions.

Peoples Bancorp has recently reported strong financial performance, with net earnings of $5.2 million ($0.97 per share) in Q2 2025, up from $4.9 million ($0.93 per share) in Q2 2024. The company's net interest margin improved to 3.57% from 3.35% year-over-year, and total loans grew to $1.16 billion, while deposits increased to $1.51 billion. Despite these positive financial indicators, technical analysis suggests a downward trend for the stock price.

The 15-minute chart of Peoples Bancorp's stock has exhibited a KDJ Death Cross and a Bearish Marubozu pattern, indicating a shift from bullish to bearish momentum [1]. Additionally, the stock price has triggered an RSI Overbought signal and a KDJ Death Cross, suggesting that the stock has risen too rapidly and is now at risk of a correction [2]. These technical indicators should be monitored closely by investors.

Investors should remain vigilant and consider other factors, such as the company's upcoming financial results and market conditions, before making investment decisions. Peoples Bancorp is scheduled to release its quarterly earnings data on July 31, 2025, and will host a conference call featuring CEO Gene Lowe and CFO Mark Carano to discuss the results and business outlook [2].

References:
[1] https://www.ainvest.com/news/peoples-bancorp-north-carolina-15min-chart-triggers-bearish-signals-2509/
[2] https://www.ainvest.com/news/peoples-bancorp-north-carolina-15-min-chart-signals-rsi-overbought-kdj-death-cross-2508/