Patti Gates Smith, a director at Embassy Bancorp, Inc. (NASDAQ:EMYB), recently sold 3,000 shares of the company's common stock, according to a filing with the Securities and Exchange Commission. The $125.71 million market cap bank stock has seen impressive momentum, gaining nearly 29% over the past six months and currently trades at a P/E ratio of 11.85. The shares were sold at a price of $16.50 each, amounting to a total transaction value of $49,500. According to InvestingPro analysis, the stock is trading at its 52-week high and appears overvalued based on Fair Value calculations. Additional insights about Embassy Bancorp's valuation metrics and 6 more exclusive ProTips are available on InvestingPro. Following this sale, Smith holds approximately 245,226 shares in the company. These shares are held indirectly through the Patti G. Smith Living Trust, where Smith serves as trustee.
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