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In a recent financial move, Robert W. Youman, a director at Finward Bancorp (NASDAQ:FNWD), has acquired 1,400 shares of the company’s common stock. The transaction, which took place on March 11, 2025, was executed at a price of $27.76 per share, totaling approximately $38,864. The stock has since risen to $29.34, marking an 8.5% gain over the past week. Trading at a P/E ratio of 9.4x, the $126 million market cap company appears undervalued according to InvestingPro analysis.
Following this purchase, Youman holds a total of 22,773 shares in his Individual Retirement Account (IRA). The acquisition reflects a continued investment in Finward Bancorp, a federally chartered savings institution based in Munster, Indiana.
This transaction adds to Youman’s existing holdings, which also include 1,221 shares in a Roth account and 2,691 shares held as a trustee.
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