CEO Meilstrup buys 500 LCNB shares at $17.42; post-trade holdings 46,205 shares (+1.1%)
Meilstrup Eric J, as CEO, purchased 500 shares at $17.42 on 2025-02-17, bringing his total holdings to 46,205 shares. The current price of $17.59 places the purchase only 1.5% below the 52-week high, and the stock has gained 5.4% over the past 30 days and 15.3% over 90 days. His prior buy on 2025-11-19 at LCNB followed with a 10.0% 30-day return, and 4 of 5 of his prior buys at this ticker achieved positive 90-day returns, demonstrating a pattern of well-timed purchases. The company trades at a P/E of 10.60 with $249.5M market cap and generated $6.9M in net income on $1.1M in latest quarterly revenue. This incremental accumulation by the CEO at a price near recent highs, combined with the historically well-timed buy pattern at this ticker, reflects ongoing conviction at current valuations.