On October 10, 2024, Robert Fisher, a Director at City Holding Co (CHCO, Financial), purchased 172 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 44,232.3946 shares of City Holding Co.
City Holding Co, a financial institution, provides various banking products and services in the United States. The company's offerings include credit, deposit, investment advisory, securities brokerage, insurance, and technology products and services.
Over the past year, Robert Fisher has increased his holdings in the company by purchasing a total of 872 shares, without selling any shares. This recent acquisition aligns with the broader insider buying trend at City Holding Co, where there have been 23 insider buys and 16 insider sells over the past year.
Shares of City Holding Co were priced at $115.02 on the day of the transaction. The company currently has a market cap of approximately $1.69 billion. The price-earnings ratio stands at 14.87, which is above both the industry median of 10.37 and the company's historical median.
According to the GF Value, the intrinsic value of City Holding Co is estimated at $108.65 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.06.
This insider buying activity could be a signal to investors about the confidence the insider has in the future performance of City Holding Co, considering the current valuation metrics and the company's market position.
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.
