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Director Martin Tuchman of Princeton Bancorp, Inc. (NASDAQ:BPRN), a $207 million market cap regional bank, recently purchased shares of the company’s common stock, according to a Form 4 filing with the Securities and Exchange Commission. The stock, currently trading at $30.42, has declined about 10.5% year-to-date while offering a 4% dividend yield.
The filing reveals that Tuchman acquired a total of 2,961 shares in two separate transactions. On August 1, 2025, he bought 961 shares at $30.00 per share, and on August 4, 2025, he purchased an additional 2,000 shares at $30.1837 per share. The total value of these purchases amounted to $89,197, with prices ranging from $30.0 to $30.1837. According to InvestingPro analysis, analysts set price targets between $33.50 and $35.00, suggesting potential upside from current levels.
Following these transactions, Tuchman directly owns 120,799 shares of Princeton Bancorp. Additionally, he indirectly owns 629,141 shares as Trustee of Martin Tuchman Revocable Trust. InvestingPro data shows the stock trading at a relatively high P/E multiple of 30x, with additional insights available to subscribers.
In other recent news, Princeton Bancorp announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock. This dividend will be distributed to shareholders on August 29, 2025, with the record date set for August 6, 2025. This development highlights the company’s ongoing commitment to returning value to its shareholders. Princeton Bancorp’s decision to issue this dividend reflects its financial strategy and shareholder engagement. The announcement was made through an official press release, underscoring the company’s transparency in financial matters. This recent news is part of Princeton Bancorp’s ongoing corporate activities.
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