TPI Composites files for Chapter 11 bankruptcy, plans delisting from Nasdaq
LOS ANGELES—Lee Sang Young, a director and significant shareholder of PCB Bancorp (NASDAQ:PCB), has recently increased his holdings in the company. According to a filing with the Securities and Exchange Commission, Lee acquired a total of 4,599 shares of PCB Bancorp’s common stock over several transactions on February 19 and 20, 2025. The purchase prices ranged from $19.77 to $19.9399 per share, with the total transaction amounting to $111,153. The insider buying comes as InvestingPro data shows PCB trading below its Fair Value, with three analysts recently revising earnings estimates upward.
These transactions were conducted through a family trust, with the shares being held indirectly. Following these acquisitions, Lee’s total ownership in PCB Bancorp increased to 1,536,310 shares. PCB Bancorp, headquartered in Los Angeles, operates in the financial services sector and is known for its community banking services. The company maintains a "GOOD" financial health score according to InvestingPro, with a 4% dividend yield and six consecutive years of dividend increases. The stock has delivered a robust 30% return over the past year, outperforming many peers in the banking sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.