Bradley Goris, a director at Consumers Bancorp Inc. (OTC:CBKM), has recently increased his stake in the company. According to a Form 4 filing with the Securities and Exchange Commission, Goris purchased 946 shares of common stock on December 16, 2024, at a price of $19.45 per share. This transaction amounts to a total value of $18,399. The purchase price represents an attractive entry point for the $61 million market cap company, which trades at a P/E ratio of just 6.91. InvestingPro analysis suggests the stock is currently slightly undervalued.
Following this acquisition, Goris now directly owns approximately 19,808 shares in the company. The filing notes that the shares owned include those acquired through a dividend reinvestment plan. The company maintains a solid 3.9% dividend yield and has maintained dividend payments for 26 consecutive years. InvestingPro subscribers can access additional insights about CBKM's dividend history and financial health metrics.
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