Princeton Bancorp chief lending officer sells $18,263 in stock

Published 16/05/2025, 16:36
Princeton Bancorp chief lending officer sells $18,263 in stock

In a recent transaction, Stephanie Adkins, Chief Lending Officer of Princeton Bancorp, Inc. (NASDAQ:BPRN), a $227 million market cap regional bank trading near its InvestingPro Fair Value, sold 569 shares of the company’s common stock. The shares were sold at an average price of $32.0967 per share, totaling approximately $18,263. Following this transaction, Adkins holds 10,225 shares in the company. The stock, which offers a 3.64% dividend yield and trades at 0.85 times book value, has shown strong returns over the past month. InvestingPro analysis reveals 6 additional key insights about Princeton Bancorp’s financial health and growth prospects.

In other recent news, Princeton Bancorp, Inc. held its 2025 annual meeting where shareholders elected eight directors to the board and approved the executive compensation package. The appointment of Wolf & Company, P.C. as independent auditors for the fiscal year ending December 31, 2025, was also ratified. Additionally, the company announced a quarterly cash dividend of $0.30 per share to be paid on May 29, 2025, to shareholders of record as of May 6, 2025.

Meanwhile, Privia Health Group, Inc. reported fourth-quarter results with adjusted earnings per share of $0.21, surpassing the analyst estimate of $0.05. The company posted a revenue of $460.9 million for the quarter, exceeding forecasts, but its 2025 revenue guidance of $1.8-1.9 billion fell short of analysts’ expectations of $1.89 billion. Privia Health cited challenges in the Medicare Advantage and value-based care sectors as reasons for the guidance shortfall. The company ended 2024 with $491.1 million in cash and no debt, and it expects to increase its provider count and adjusted EBITDA in 2025.

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