Jennifer L. Mann, a director at QNB Corp (OTC:QNBC), has recently acquired 303.77 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The transaction, which took place on December 27, 2024, was executed at a price of $32.92 per share, amounting to a total value of $9,999. The purchase comes as QNB Corp trades near its 52-week high of $34, with the stock showing remarkable strength through a nearly 48% gain over the past six months. InvestingPro analysis suggests the stock is currently trading above its Fair Value.
Following this transaction, Mann holds a total of 8,637.20 shares directly. It’s noteworthy that her holdings include 92.62 shares acquired through QNB Corp’s Dividend Reinvestment Plan. This acquisition reflects Mann’s ongoing involvement and investment in the company’s future. The company, currently valued at $125 million, maintains a 4.36% dividend yield and has increased its dividend for 13 consecutive years. InvestingPro subscribers can access additional insights and 8 more ProTips about QNBC’s performance and outlook.
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