Embassy Bancorp CEO David Lobach Jr. buys $3,088 in stock

Published 30/05/2025, 13:44
Embassy Bancorp CEO David Lobach Jr. buys $3,088 in stock

David M. Lobach Jr., Chairman, President, and CEO of Embassy Bancorp, Inc. (NASDAQ:EMYB), a $118.5 million market cap regional bank trading at 10.7x earnings, recently purchased 200 shares of the company’s common stock. The transaction, which took place on May 29, 2025, was executed at a price of $15.44 per share, amounting to a total investment of $3,088. According to InvestingPro analysis, the stock is currently fairly valued and maintains a 2.7% dividend yield.

Following this acquisition, Lobach holds a total of 120,950 shares through an Individual Retirement Account (IRA). Additionally, he maintains direct ownership of 358,800.907 shares, while his spouse’s IRA holds 53,300 shares. Furthermore, Lobach also manages 957.151 shares as a custodian for a grandchild. The stock has shown low volatility with a beta of 0.21 and delivered a 20.6% return over the past year. InvestingPro subscribers can access 5 additional key insights about EMYB’s financial health and growth prospects.

The transaction was reported in an SEC Form 4 filing, signed by Laura A. Suplee on behalf of Lobach under a power of attorney. The company maintains a "FAIR" overall financial health score of 2.47 out of 5, according to InvestingPro metrics, and has consistently raised its dividend for 13 consecutive years.

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