Robert C. Abernethy, a director at Peoples Bancorp of North Carolina Inc, sold 7,000 shares of the company’s common stock on Sept. 2, 2026, for a total of $305,270, according to regulatory filings.
The transaction occurred at an average price of $43.61 per share, with the stock trading near its 52-week high of $45.78. Peoples Bancorp’s shares have gained approximately 41% over the past year, supported by a price-to-earnings ratio of 11.93 and a dividend yield of 2.34%. The company has maintained dividend payments for 42 consecutive years.
Abernethy’s direct holdings in the company total 213,936 shares following the sale. He also holds an additional 101,116 shares indirectly through his role as President, Secretary, and Treasurer of Carolina Glove Co., as well as 7,416.1746 shares indirectly through his spouse.
