Douglas S. Howard, Director at PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK), bought 500 shares at $43.76 ($22K) on 2026-10-28, disclosed to the SEC on 2026-10-30.
Director Douglas S. Howard purchased 500 shares for $21,877.50, marking the largest insider purchase in the company's history, signaling strong conviction in the stock's current valuation. This rare buying event comes amidst a significant year-to-date rally and a rare reversal in insider selling patterns.
The stock is up 50.54% over the last year and 3.49% in the past 30 days, trading just 2.33% below its 52-week high of $45.53.
Insider buying momentum: The trade is flagged as the largest insider purchase ever, with 0 consecutive sells prior to this event, indicating a rare bullish signal.
Short interest risk: The stock has a short interest of 1.59% of the float, which could lead to volatility if the stock continues to rise.
Something here stands out, but not much.
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| PEBK | BUY | 2018-10-25 | $14K | — | Filing → |
| PEBK | BUY | 2016-09-07 | $11K | — | Filing → |
| PEBK | BUY | 2013-12-04 | $14K | — | Filing → |