In a recent transaction disclosed in an SEC filing, Stevenson Scott R, a director at 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 a 48.5% price surge over the past six months. According to InvestingPro data, the stock trades near its 52-week high while maintaining an attractive P/E ratio of 12.6x. The shares were purchased at a price of $33.92 each, amounting to 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 2023 Non-Employee Director Compensation Plan. Notably, QNB Corp offers a robust 4.36% dividend yield and has maintained dividend payments for 28 consecutive years. InvestingPro subscribers can access 6 additional key insights about QNBC’s financial health and market position.
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