10 Best Financial Dividend Stocks Insiders are Buying in 2024

3. Peoples Bancorp Inc. (NASDAQ:PEBO)

Number of Hedge Fund Investors: 11

Peoples Bancorp Inc. (NASDAQ:PEBO) is an Ohio-based banking company with a dividend yield of about 5.25%. The stock recently saw insider buying activity earlier this month when Dwight Eric Smith, a director at Peoples Bancorp Inc. (NASDAQ:PEBO), piled into 4,306 shares at a price of $30.00 per share. The net worth of this transaction was $15,001. The transaction took place on May 8. Since this transaction the stock has gained about 0.9%.

A total of 11 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Peoples Bancorp Inc. (NASDAQ:PEBO) as of the end of 2023. The most notable stake in Peoples Bancorp Inc. (NASDAQ:PEBO) is owned by Fred Cummings’ Elizabeth Park Capital Management, worth about $3.7 million.