Peoples Bancorp Inc. [PEBO] Investment Guide: What You Need to Know


Peoples Bancorp Inc.’s filing revealed that its Director Smith Dwight Eric acquired Company’s shares for reported $26690.0 on Aug 18. In the deal valued at $26.69 per share,1,000 shares were bought. As a result of this transaction, Smith Dwight Eric now holds 2,119 shares worth roughly $ 55496.61.

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Then, SKINNER FRANCES A bought 500 shares, generating $12,015 in total proceeds. Upon buying the shares at $24.03, the Director now owns 4,434 shares.

Before that, SKINNER FRANCES A bought 500 shares. Peoples Bancorp Inc. shares valued at $12,323 were divested by the Director at a price of $24.65 per share. As a result of the transaction, SKINNER FRANCES A now holds 3,934 shares, worth roughly $0.1 million.

Janney initiated its Peoples Bancorp Inc. [PEBO] rating to a Neutral in a research note published on Friday, April 13, 2023; the price target was $28. PT values the company’s stock at a premium of 6.46 to its Friday closing price.

Price Performance Review of PEBO

On Friday, Peoples Bancorp Inc. [NASDAQ:PEBO] saw its stock jump 1.63% to $26.19. On the same session, the stock had its day’s lowest price of $25.90, but rose to a high of $26.35. Over the last five days, the stock has gained 1.20%. Peoples Bancorp Inc. shares have fallen nearly -7.29% since the year began. Nevertheless, the stocks have fallen -12.38% over the past one year. While a 52-week high of $31.42 was reached on 03/01/23, a 52-week low of $23.05 was recorded on 05/12/23. SMA at 50 days reached $27.00, while 200 days put it at $27.62. A total of 79121.0 shares were traded, compared to the trading of 0.17 million shares in the previous session.

Levels Of Support And Resistance For PEBO Stock

The 24-hour chart illustrates a support level at 25.94, which if violated will result in even more drops to 25.70. On the upside, there is a resistance level at 26.39. A further resistance level may holdings at 26.60. The Relative Strength Index (RSI) on the 14-day chart is 43.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.49%. Stochastics %K at 20.11% indicates the stock is a holding.

How much short interest is there in Peoples Bancorp Inc.?

A steep rise in short interest was recorded in Peoples Bancorp Inc. stocks on Aug 14, 2023, dropping by -0.26 million shares to a total of 0.64 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.89 million shares. There was a decline of -40.14%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.84% of the overall stock float, the days-to-cover ratio (short ratio) fell to 5.14.

Peoples Bancorp Inc. [PEBO] – Who Are The Largest Shareholders?

In filings from Dimensional Fund Advisors LP, it is revealed that the company now owns 2,334,067 shares, or roughly 6.78% of the outstanding PEBO shares. In other words, the investor’s shares have fallen by -15,131 from its previous 13-F filing of 2349198.0. Additionally, BlackRock Fund Advisors increased 21.80% of its stake after which the total value it holdings stand at $65,487,869, while The Vanguard Group, Inc. reduced -1.41% of its stake to hold $46.52 million in the firm. Over the last quarter, Franklin Mutual Advisers LLC purchased 15,777 shares of Peoples Bancorp Inc., while AllianceBernstein LP bought 150,624 shares. At present, SSgA Funds Management, Inc. is holding 943,894 shares valued at $26.59 million. Geode Capital Management LLC owned 672,509 shares of the company at the time of its most recent 13F filing, worth $18.94 million.


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