Dennis Padrick, a director at Peoples Financial Corp (NASDAQ:PFBX), recently acquired shares in the company, according to a regulatory filing. On November 9, Padrick purchased 103 shares at a price of $18.55 each, totaling $1,910. The stock has since climbed to $19.10, marking a 3% gain from the purchase price. InvestingPro analysis indicates the stock is trading near its Fair Value. Following this transaction, Padrick's direct ownership in the bank increased to 13,438 shares. Peoples Financial Corp, based in Biloxi, Mississippi, continues to be a key player in the state commercial banking sector. The company, with a market capitalization of $89 million, has demonstrated strong performance with a 32% return over the past year and maintains a healthy 3.4% dividend yield. InvestingPro data shows the company maintains a "GOOD" overall financial health score, trading at an attractive P/E ratio of 4.
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