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PCB Bancorp (NASDAQ:PCB), a financial institution with a market capitalization of $291.4 million and a "GOOD" financial health rating according to InvestingPro, saw a series of stock acquisitions by Lee Sang Young, a director and ten percent owner of the company, according to a recent SEC filing. On February 13, 2025, Lee completed multiple transactions purchasing a total of 3,504 shares of common stock. The purchase prices ranged from $19.68 to $19.95 per share, amounting to a total value of $89,103. These shares were acquired indirectly through a family trust, increasing Lee's total holdings to 1,530,711 shares following the transactions. The insider buying comes as PCB maintains a strong dividend track record, having raised dividends for 6 consecutive years, with a current yield of 3.9%. InvestingPro analysis suggests the stock is currently undervalued, with three analysts recently revising earnings estimates upward for the upcoming period.
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