In a recent transaction disclosed in an SEC filing, Stevenson Scott R, director of QNB Corp (OTC: QNBC), acquired 117 shares of the company's common stock. The small bank, valued at 125 million dollars, has seen incredible momentum with a 48.5% increase in value over the past six months. According to InvestingPro data, stock traders near a 52-week high while maintaining an attractive P/E of 12.6x. The shares were purchased at a price of 33.92 each, equal 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 4.36% dividend yield and has maintained a dividend payout for 28 consecutive years. InvestingPro subscribers have access to 6 additional key information about QNBC's financial health and market conditions.
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