John D. Cox, Director at NEW PEOPLES BANKSHARES INC (NWWP), bought 12,000 shares at $4.90 ($59K) on 2026-09-17, disclosed to the SEC on 2026-09-18.
Director John D. Cox purchased $58,800 of NEW PEOPLES BANKSHARES INC stock at $4.90 per share, marking the largest insider purchase in the company's history. This significant accumulation by a director signals strong conviction in the bank's value, particularly given the stock's recent pullback.
The stock is currently trading at $4.90, which is 11.4% below its 52-week high of $5.52. This represents a 4.1% decline from the previous close, suggesting the market may be overlooking the insider buying.
Insider buying momentum: This is the largest insider purchase in the company's history, indicating a high level of confidence from a director. Next earnings: The company is scheduled to report Q3 2026 earnings on October 27, 2026.
Valuation concerns: The stock is currently trading at a P/E ratio of 9.8, which is below the industry average of 12.5. This suggests the stock may be undervalued, but it also indicates that the market may be pricing in significant downside risk.
Nothing distinguishes this filing.
| Filing → |
| NWWP | BUY | 2026-02-17 | $45K | — | Filing → |
| NWPP | BUY | 2025-12-16 | $10K | — | Filing → |
| NWPP | BUY | 2025-09-04 | $418K | — | Filing → |