Peoples Bancorp Inc (PEBO): George W Broughton , director of Peoples Bancorp Inc sold 141 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $21.33 per share for a total value of $3,008.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 11, 2016, Charles W Sulerzyski (President and CEO) sold 11,000 shares at $18.36 per share price.On Mar 2, 2016, S Craig Beam (director) purchased 1,000 shares at $17.93 per share price.Also, On Feb 4, 2016, Tara Abraham (director) purchased 550 shares at $17.50 per share price.On Feb 2, 2016, George W Broughton (director) sold 169 shares at $17.74 per share price.
Peoples Bancorp: On Monday, May 2, 2016 heightened volatility was witnessed in Peoples Bancorp which led to swings in the share price. The shares opened for trading at $21.38 and hit $21.62 on the upside , eventually ending the session at $21.6, with a gain of 0.51% or 0.11 points. The heightened volatility saw the trading volume jump to 52,970 shares. The 52-week high of the share price is $24.74 and the company has a market cap of $392 M . The 52-week low of the share price is at $16.34.
Company has been under the radar of several Street Analysts.Peoples Bancorp is Reiterated by Hovde Group to Market Perform and the brokerage firm has raised the Price Target to $ 23 from a previous price target of $19 .The Rating was issued on Apr 27, 2016.
Peoples Bancorp Inc. is a financial holding company. The Company is engaged in banking investment insurance and trust solutions. The Company operates principally through its wholly owned subsidiary Peoples Bank National Association (Peoples Bank). The Company’s products and services include demand deposit accounts savings accounts money market accounts and certificates of deposit. It also offers commercial consumer and real estate mortgage loans for both commercial and residential purposes and lines of credit. The Company also offers corporate and personal trust services safe deposit rental facilities money orders and cashier’s checks. The Company also offers life health property and casualty insurance as well as fiduciary employee benefit plans and asset management services. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency LLC and two asset management companies PBNA L.L.C. and Peoples Tax Credit Equity L.L.C.