Director Makes Bold Move with Major Stock Purchase
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Director John Noone purchased 2,000 shares of Mid Penn Bancorp (MPB) for $56,560 on November 20, 2025. MPB recently acquired 1st Colonial Bancorp and Cumberland Advisors, boosting its market position. The company reported strong Q3 2025 earnings and declared its 60th consecutive quarterly dividend. Analysts have raised the price target but note regulatory risks. MPB's valuation is attractive with a reasonable P/E ratio and decent dividend yield. Technical indicators suggest a neutral to bearish market sentiment. TipRanks' AI Analyst rates MPB as Outperform.
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