In a recent transaction disclosed in an SEC filing, Stevenson Scott R, Director of QNB Corp (OTC:QNBC), acquired 117 shares of the company’s stock. The small-cap bank, currently valued at $125 million, has seen impressive momentum with a 48.5% increase in price over the past six months. According to InvestingPro according to the data, the stock is trading near a 52-week high, maintaining an attractive P/E ratio of 12.6x. The shares were purchased at $33.92 each, for a total investment of $3,968. Following this transaction, Stevenson holds approximately 1,701 shares in the company. The shares were issued as part of the Compensation Plan for non-employee directors for the year 2023. Notably, QNB Corp offers a strong dividend yield of 4.36% and has maintained dividend payouts for 28 consecutive years. InvestingPro subscribers can access 6 additional key insights into QNBC’s financial health and market position.
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