Director Harold L Keene buys 16,514 shares of NWPP at $4.39; 4 of 4 prior buys at this ticker achieved positive 90-day returns.
Harold L Keene, a director of New Peoples Bankshares, purchased 16,514 shares at $4.39, expanding his holdings by 24.4% to 84,074 shares. His timing track record at this specific ticker is notably strong: all 4 of his prior buys at NWPP delivered positive 90-day returns, ranging from +15.0% to +25.3%, indicating a consistent pattern of entering at favorable price levels. The current stock price of $4.38 sits near the 52-week high of $4.42 and is up 3.1% over the last 30 days, though the company faces headwinds including a -5.6% annual revenue decline year-over-year and a modest P/E of 9.12. This accumulation by a director occurs against a backdrop of demonstrated timing acuity at this exact security, warranting investor attention to whether this insider's conviction translates to positive momentum ahead.