New Peoples Bankshares director John D. Cox buys $30,480 in stock

Published 19/02/2025, 01:16
New Peoples Bankshares director John D. Cox buys $30,480 in stock

John D. Cox, a director at New Peoples Bankshares Inc. (NASDAQ:NWPP), recently increased his holdings in the company. According to a recent SEC filing, Cox purchased a total of 10,000 shares of common stock over two separate transactions. The acquisitions took place on February 14 and February 18, 2025, with share prices ranging from $3.04 to $3.0489. The total value of these transactions amounted to $30,480. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with technical indicators suggesting overbought conditions. Following these purchases, Cox holds a total of 632,146 shares, with a portion held indirectly through the Cox Living Trust. The company, currently valued at $71.14 million, trades at a P/E ratio of 9.5 and price-to-book of 1.0, with its next earnings report due in 7 days. Get more detailed insights and exclusive financial metrics with InvestingPro, which offers over 20 additional analytical indicators for NWPP.

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