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David M. Lobach Jr., the Chairman, President, and CEO of Embassy Bancorp, Inc. (OTC:EMYB), recently acquired 1,288 shares of the company’s common stock. The purchase, made on March 20, 2025, was at a price of $15.74 per share, totaling approximately $20,273. According to InvestingPro data, the stock trades at a P/E ratio of 11.5 and currently sits near its 52-week high of $16.74, suggesting the CEO’s confidence in the company’s valuation.
Following this transaction, Lobach’s direct ownership in the company stands at 358,300.907 shares. Additionally, he holds indirect ownership through various accounts, including an IRA and a spouse’s IRA, totaling over 174,000 shares. The company, with a market capitalization of $120.3 million, has maintained a consistent dividend growth track record, having raised its dividend for 13 consecutive years.
This acquisition reflects Lobach’s continued investment in Embassy Bancorp, a state commercial bank based in Bethlehem, Pennsylvania. The bank currently offers a dividend yield of 2.67% and demonstrates historically low price volatility. For more detailed financial metrics and analysis, including additional ProTips, visit InvestingPro.
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