Mid Penn Bancorp director Robert Abel buys $495 in shares

Mid Penn Bancorp Inc. (NASDAQ:MPB) director Robert Abel purchased 14 shares of the company's common stock on September 30, 2026, through the Director Stock Purchase Plan. The shares were bought at $35.4 per share, totaling $495. Mr. Abel now owns a total of 9,833.78 shares directly and another 27,684.925 shares indirectly through the Robert and Julie Abel Living Trust.

Mid Penn Bancorp has consistently paid dividends for 16 years, with a current yield of 2.55%. Additionally, Mr. Abel holds 1,700 shares of Mid Penn Bancorp Common Restricted Stock, which are set to vest fully by the first anniversary of the grant date. Piper Sandler recently initiated coverage on Mid Penn Bancorp with an overweight rating and a price target of $42.00, projecting earnings growth of 6.5% in 2025, 7.5% in 2026, and 19% in 2027.