First United Corp director Rudy sells $46,255 in shares
First United Corp director Irvin Robert Rudy sold 1,000 shares of the company's common stock on November 3, 2026, for a total of $46,255. The sale occurred as the stock was trading near its 52-week high following a 25% gain over the past six months. Despite this recent transaction, the company has raised its dividend for 9 consecutive years, currently offering a yield of 2.4%.
Analysts at InvestingPro have identified FUNC as potentially undervalued, and the stock has received an Outperform rating from Raymond James, with a price target of $50.00. The reaffirmed rating is based on First United's solid third-quarter 2026 results, although a reserve build resulted in a brief earnings per share miss. Overall, these developments indicate confidence in the company's financial health and provide investors with further insights into FUNC's recent activities and analyst perspectives.
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