In a recent transaction disclosed via an SEC Form 4 filing, Stauffer W. Randall, a director at QNB Corp (OTC:QNBC), acquired 117 shares of the company’s common stock. The shares were purchased at a price of $33.92 each, totaling approximately $3,968. This transaction was part of the 2023 Non-Employee Director Compensation Plan. Following this acquisition, Randall’s direct ownership amounts to approximately 54,299 shares.
The $125 million market cap company has shown remarkable strength, posting a 49% return over the past six months. InvestingPro analysis indicates the stock is trading near its 52-week high, with a healthy 4.4% dividend yield backed by 28 consecutive years of dividend payments. While current metrics suggest the stock may be overvalued, InvestingPro subscribers can access 8 additional key insights about QNBC’s financial health and growth prospects.
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