Procore signs multi-year strategic collaboration agreement with AWS
PRINCETON, N.J.—Martin Tuchman, a director at Princeton Bancorp, Inc. (NASDAQ:BPRN), recently increased his stake in the company by purchasing a total of 2,000 shares of common stock. The transactions, which took place on April 28 and April 30, were executed at prices ranging from $30.00 to $30.43 per share, amounting to a total investment of $60,430. The regional bank, currently valued at $209 million, trades at an attractive 0.79 times book value and offers a dividend yield of nearly 4%. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
Following these acquisitions, Tuchman now directly owns 103,109 shares of Princeton Bancorp common stock. Additionally, he holds indirect ownership of 629,141 shares as the trustee of the Martin Tuchman Revocable Trust.
These transactions highlight Tuchman’s continued confidence in Princeton Bancorp as he bolsters his holdings in the financial institution.
In other recent news, Privia Health Group, Inc. reported fourth-quarter results that exceeded analyst expectations, with adjusted earnings per share at $0.21, compared to the estimated $0.05. The company also reported revenue of $460.9 million for the quarter, surpassing the forecast of $420.94 million. However, Privia Health’s 2025 revenue guidance of $1.8-1.9 billion fell short of the anticipated $1.89 billion, citing challenges in the Medicare Advantage and value-based care sectors. Despite this, the company ended 2024 with $491.1 million in cash and no debt, and it expects to increase its provider count significantly in 2025. Meanwhile, Princeton Bancorp, Inc. held its annual meeting where shareholders elected eight directors and approved the executive compensation package. The company also declared a quarterly cash dividend of $0.30 per share, payable on May 29, 2025, to shareholders of record as of May 6, 2025. Princeton Bancorp appointed Wolf & Company, P.C. as its independent auditors for the fiscal year ending December 31, 2025. These developments reflect ongoing strategies and financial commitments by both companies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.