Peoples Bancorp Inc. (NASDAQ:PEBO) Director S Craig Beam sold 975 shares of Peoples Bancorp stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $34.00, for a total value of $33,150.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

S Craig Beam also recently made the following trade(s):

  • On Friday, September 29th, S Craig Beam sold 400 shares of Peoples Bancorp stock. The shares were sold at an average price of $34.00, for a total value of $13,600.00.
  • On Monday, October 2nd, S Craig Beam sold 275 shares of Peoples Bancorp stock. The shares were sold at an average price of $34.00, for a total value of $9,350.00.
  • On Thursday, September 28th, S Craig Beam sold 600 shares of Peoples Bancorp stock. The stock was sold at an average price of $34.00, for a total value of $20,400.00.
  • On Tuesday, September 26th, S Craig Beam sold 206 shares of Peoples Bancorp stock. The stock was sold at an average price of $33.54, for a total value of $6,909.24.
  • On Wednesday, September 27th, S Craig Beam sold 7,939 shares of Peoples Bancorp stock. The stock was sold at an average price of $33.77, for a total transaction of $268,100.03.
  • On Wednesday, September 20th, S Craig Beam sold 2,500 shares of Peoples Bancorp stock. The stock was sold at an average price of $32.66, for a total transaction of $81,650.00.

Shares of Peoples Bancorp Inc. (NASDAQ PEBO) traded down 1.97% during midday trading on Wednesday, reaching $33.31. The company’s stock had a trading volume of 22,631 shares. Peoples Bancorp Inc. has a 52-week low of $24.09 and a 52-week high of $35.43. The stock has a 50-day moving average price of $31.60 and a 200-day moving average price of $31.95. The stock has a market cap of $600.11 million, a price-to-earnings ratio of 18.01 and a beta of 0.78.

Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings data on Tuesday, July 25th. The bank reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The business had revenue of $41.68 million during the quarter, compared to analyst estimates of $40.81 million. Peoples Bancorp had a net margin of 19.67% and a return on equity of 7.63%. Equities research analysts anticipate that Peoples Bancorp Inc. will post $2.03 earnings per share for the current fiscal year.

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A number of research firms recently issued reports on PEBO. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 target price on shares of Peoples Bancorp in a research report on Tuesday. Zacks Investment Research cut shares of Peoples Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 27th. Boenning Scattergood restated a “hold” rating on shares of Peoples Bancorp in a report on Wednesday, July 26th. Finally, BidaskClub downgraded shares of Peoples Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $35.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in PEBO. Raymond James Financial Services Advisors Inc. boosted its position in shares of Peoples Bancorp by 112.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 34,924 shares of the bank’s stock valued at $1,122,000 after purchasing an additional 18,518 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Peoples Bancorp by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 453,425 shares of the bank’s stock worth $14,568,000 after purchasing an additional 12,302 shares during the period. State Street Corp grew its stake in Peoples Bancorp by 32.5% in the second quarter. State Street Corp now owns 403,950 shares of the bank’s stock worth $12,976,000 after purchasing an additional 99,066 shares during the period. Sii Investments Inc. WI raised its holdings in Peoples Bancorp by 6.2% in the second quarter. Sii Investments Inc. WI now owns 19,980 shares of the bank’s stock worth $637,000 after purchasing an additional 1,170 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Peoples Bancorp by 36.5% in the second quarter. Goldman Sachs Group Inc. now owns 9,344 shares of the bank’s stock worth $300,000 after purchasing an additional 2,499 shares in the last quarter. Institutional investors own 62.56% of the company’s stock.

About Peoples Bancorp

Peoples Bancorp Inc is a financial holding company. The Company operates principally through its subsidiary, Peoples Bank. Peoples Bank’s operating subsidiaries include Peoples Insurance Agency, LLC (Peoples Insurance) and two asset management companies, PBNA, LLC. and Peoples Tax Credit Equity, LLC.

Insider Buying and Selling by Quarter for Peoples Bancorp (NASDAQ:PEBO)

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