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Brian M. Hendershot, a director at United Bancorp Inc. (NASDAQ:UBCP), recently acquired 2,207 shares of the company’s common stock. The transaction, completed on May 22, totaled approximately $30,059, with each share priced at $13.62. The small-cap bank, currently valued at $78.28 million, trades at a P/E ratio of 10.88 and offers an attractive dividend yield of 8.12%. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. This purchase increases Hendershot’s total holdings to 31,204 shares. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission. The company has maintained dividend payments for 33 consecutive years and remains profitable, with positive earnings expected this year. For deeper insights into insider trading patterns and additional financial metrics, check out InvestingPro, which offers 5+ more exclusive tips for UBCP.
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