Embassy Bancorp, Inc. (NASDAQ: EMYB) director Bernard M. Lesavoy has acquired 100 shares of the company's common stock on June 15, 2026. This acquisition was valued at $2,145, with shares bought at a price of $21.45 each. The purchase comes as the stock trades near its 52-week high of $21.50, following a strong 40% gain over the past year. With a P/E ratio of 11.1, InvestingPro analysis suggests the stock remains undervalued relative to its Fair Value.
Following this transaction, Mr. Lesavoy directly holds 133,726.6342 shares of Embassy Bancorp common stock.
Additionally, Mr. Lesavoy maintains several indirect holdings in the company. These include 50,554 shares held by an IRA, 10,473.727 shares held as PUGTMA for a daughter, 8,628.9651 shares held as PUGTMA for a son, 7,802.1357 shares also held as PUGTMA for a son, 2,839 shares held by a spouse's IRA, and 1,564.6084 shares held by Red Bird Associates LLC. The $159 million market cap bank offers a 2.24% dividend yield and has raised its dividend for 14 consecutive years.
In other recent news, Embassy Bancorp, Inc. has announced an expansion of its stock repurchase program. The Board of Directors has authorized an additional $5 million for the repurchase of the company's common stock. This decision follows the initial $5 million stock buyback program announced in October 2025. As of the end of the first quarter of 2026, Embassy Bancorp had nearly exhausted the initial authorization, having repurchased 258,301 shares for approximately $4.856 million. The company filed this update with the U.S. Securities and Exchange Commission on May 13, 2026. These developments reflect Embassy Bancorp's ongoing commitment to enhancing shareholder value. The expanded buyback program is effective immediately, providing the company with further flexibility in managing its capital.