Javier Reyes Buys 105 Shares of City (NASDAQ:CHCO) Stock

City Holding Company (NASDAQ:CHCOGet Free Report) Director Javier Reyes purchased 105 shares of the company’s stock in a transaction on Monday, March 9th. The shares were purchased at an average price of $115.88 per share, with a total value of $12,167.40. Following the completion of the purchase, the director directly owned 2,182 shares of the company’s stock, valued at $252,850.16. The trade was a 5.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

City Stock Performance

City stock opened at $118.37 on Wednesday. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 13.24 and a beta of 0.51. City Holding Company has a 12 month low of $102.22 and a 12 month high of $133.59. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.83 and a quick ratio of 0.83. The stock’s 50-day moving average is $122.93 and its 200-day moving average is $123.10.

City (NASDAQ:CHCOGet Free Report) last issued its earnings results on Wednesday, January 21st. The bank reported $2.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.11). The firm had revenue of $60.83 million for the quarter, compared to analysts’ expectations of $81.38 million. City had a return on equity of 16.61% and a net margin of 32.56%. Equities analysts anticipate that City Holding Company will post 7.58 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on CHCO. Piper Sandler increased their price objective on shares of City from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Wall Street Zen lowered shares of City from a “hold” rating to a “sell” rating in a report on Sunday, November 16th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of City in a research report on Tuesday, December 23rd. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, City has an average rating of “Hold” and a consensus target price of $134.50.

Get Our Latest Analysis on City

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new position in City during the 4th quarter worth $29,000. First Horizon Corp raised its stake in shares of City by 146.0% in the 4th quarter. First Horizon Corp now owns 246 shares of the bank’s stock valued at $29,000 after purchasing an additional 146 shares in the last quarter. Quarry LP bought a new position in shares of City during the third quarter worth about $32,000. Simplex Trading LLC bought a new position in shares of City during the fourth quarter worth about $36,000. Finally, Geneos Wealth Management Inc. grew its stake in City by 113.1% in the second quarter. Geneos Wealth Management Inc. now owns 373 shares of the bank’s stock worth $46,000 after purchasing an additional 198 shares in the last quarter. 72.43% of the stock is currently owned by institutional investors.

Key Headlines Impacting City

Here are the key news stories impacting City this week:

  • Positive Sentiment: Multiple company directors made open-market purchases on March 9 (Javier Reyes, Robert D. Fisher, James A. Hoyer and Diane W. Strong-Treister), each increasing their holdings at an average price of $115.88 — a signal of insider confidence that likely supported the stock’s uptick. Insider Trades Report
  • Neutral Sentiment: Reported short-interest data showed effectively zero shares on file (entries include 0 shares and a NaN change), which suggests no meaningful short pressure — though the published figures appear inconsistent and should be treated cautiously.
  • Neutral Sentiment: Analyst coverage is mixed: Piper Sandler raised its target to $130 (still a “neutral” rating) and the consensus remains a “Hold” with an average target near $134.50 — positive for headline targets but not a clear buy signal.
  • Negative Sentiment: City’s most recent quarter (reported Jan. 21) showed an EPS and revenue miss (EPS $2.18 vs. $2.29 expected; revenue $60.8M vs. $81.4M expected), which remains a fundamental headwind investors should weigh against the insider buying. MarketBeat CHCO

About City

(Get Free Report)

City Holding Company (NASDAQ:CHCO) is a bank holding company headquartered in Morgantown, West Virginia. Through its wholly owned subsidiary, City National Bank, the company offers a full range of banking and financial services to individuals, businesses and nonprofit organizations. Its operations emphasize community-oriented banking, combining local decision-making with access to digital banking platforms.

The company’s product portfolio includes deposit accounts such as checking, savings and money market accounts, as well as consumer and commercial lending solutions ranging from personal loans and mortgages to commercial real estate and equipment financing.

Further Reading

Insider Buying and Selling by Quarter for City (NASDAQ:CHCO)

Receive News & Ratings for City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City and related companies with MarketBeat.com's FREE daily email newsletter.