On February 14, 2024, Sharon Rowe, a director at City Holding Co, sold 1,154 shares of the company's stock, according to a recent SEC Filing. The transaction was executed with the shares priced at $99.45 each.
City Holding Co, headquartered in Charleston, West Virginia, is a financial holding company that provides various banking, trust and investment management, and other financial solutions through its subsidiary, City National Bank. The company operates a network of branches across West Virginia, Kentucky, Virginia, and Ohio.
Over the past year, the insider has sold a total of 1,549 shares and has not made any purchases of the company's stock.
The insider transaction history for City Holding Co shows a balance of insider activity over the past year, with 7 insider buys and 6 insider sells.
On the valuation front, City Holding Co's shares were trading at $99.45 on the day of the insider's sale, resulting in a market capitalization of $1.496 billion. The price-earnings ratio stood at 13.25, which is above the industry median of 9.04 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $99.45 and a GF Value of $109.75, City Holding Co is considered Fairly Valued, with a price-to-GF-Value ratio of 0.91.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
