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Matthew Fredrick Branstetter, Senior Vice President and Chief Operating Officer of United Bancorp Inc (NASDAQ:UBCP), recently acquired 339 shares of the company’s common stock. The transaction, which took place on May 22, was executed at a price of $13.62 per share, amounting to a total purchase value of $4,617. Following this acquisition, Branstetter’s direct ownership in United Bancorp stands at 48,084 shares.
The $78.28 million market cap bank currently trades at a P/E ratio of 10.88 and offers an attractive 8.12% dividend yield. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. InvestingPro data reveals the company has maintained dividend payments for 33 consecutive years, with 5 additional insights available to subscribers.
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