Insider Selling: Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Director Sells $42,570.00 in Stock

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) Director James M. Furey II sold 1,320 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $32.25, for a total transaction of $42,570.00. Following the sale, the director now directly owns 10,570 shares of the company’s stock, valued at approximately $340,882.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NASDAQ PWOD opened at $31.91 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 1.07. The company has a market cap of $224.58 million, a price-to-earnings ratio of 14.40 and a beta of 0.64. Penns Woods Bancorp, Inc. has a 12 month low of $25.85 and a 12 month high of $36.27. The stock has a 50-day moving average price of $33.28 and a two-hundred day moving average price of $35.78.

Penns Woods Bancorp (NASDAQ:PWOD) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $0.33 EPS for the quarter. The firm had revenue of $15.23 million during the quarter. Penns Woods Bancorp had a return on equity of 10.07% and a net margin of 20.29%.

Separately, ValuEngine downgraded Penns Woods Bancorp from a “sell” rating to a “strong sell” rating in a research note on Wednesday, December 4th.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC raised its stake in Penns Woods Bancorp by 50.0% during the fourth quarter. Global Retirement Partners LLC now owns 927 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 309 shares in the last quarter. Victory Capital Management Inc. raised its stake in Penns Woods Bancorp by 47.6% during the fourth quarter. Victory Capital Management Inc. now owns 1,247 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 402 shares in the last quarter. Advisor Group Inc. raised its stake in Penns Woods Bancorp by 50.0% during the fourth quarter. Advisor Group Inc. now owns 1,500 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 500 shares in the last quarter. Rhumbline Advisers raised its stake in Penns Woods Bancorp by 9.6% during the third quarter. Rhumbline Advisers now owns 7,173 shares of the financial services provider’s stock worth $332,000 after acquiring an additional 629 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in Penns Woods Bancorp by 5.6% during the third quarter. California Public Employees Retirement System now owns 15,108 shares of the financial services provider’s stock worth $699,000 after acquiring an additional 800 shares in the last quarter. 19.08% of the stock is owned by hedge funds and other institutional investors.

Penns Woods Bancorp Company Profile

Penns Woods Bancorp, Inc operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. The company accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking accounts and IRAs.

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