Insider Selling: City (NASDAQ:CHCO) EVP Sells $163,625.00 in Stock

Posted by Stanley Muller on May 30th, 2026

City Holding Company (NASDAQ:CHCO – Get Free Report) EVP Jeffrey Dale Legge sold 1,309 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $125.00, for a total value of $163,625.00. Following the sale, the executive vice president directly owned 7,656 shares of the company’s stock, valued at $957,000. This represents a 14.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

City Trading Down 0.2%

Shares of City stock opened at $124.31 on Friday. The business has a fifty day simple moving average of $123.25 and a two-hundred day simple moving average of $122.74. City Holding Company has a 1 year low of $113.21 and a 1 year high of $133.59. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 13.69 and a beta of 0.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.84 and a quick ratio of 0.84.

City (NASDAQ:CHCO – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The bank reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.03. City had a return on equity of 16.58% and a net margin of 32.72%.The business had revenue of $79.25 million during the quarter, compared to the consensus estimate of $79.25 million. Research analysts forecast that City Holding Company will post 8.99 EPS for the current year.

City announced that its board has authorized a share buyback program on Wednesday, March 25th that permits the company to buyback 1,000,000 shares. This buyback authorization permits the bank to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $3.48 annualized dividend and a yield of 2.8%. City’s dividend payout ratio (DPR) is currently 38.33%.

Institutional Investors Weigh In On City

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Amundi increased its position in shares of City by 37.7% in the first quarter. Amundi now owns 2,794 shares of the bank’s stock worth $334,000 after purchasing an additional 765 shares during the period. Quantinno Capital Management LP increased its position in shares of City by 41.3% in the first quarter. Quantinno Capital Management LP now owns 8,429 shares of the bank’s stock worth $1,008,000 after purchasing an additional 2,465 shares during the period. Renaissance Technologies LLC increased its position in shares of City by 55.0% in the first quarter. Renaissance Technologies LLC now owns 61,686 shares of the bank’s stock worth $7,373,000 after purchasing an additional 21,898 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of City by 40.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 48,766 shares of the bank’s stock worth $5,829,000 after purchasing an additional 13,976 shares during the period. Finally, Sei Investments Co. increased its position in shares of City by 24.8% in the first quarter. Sei Investments Co. now owns 6,557 shares of the bank’s stock worth $784,000 after purchasing an additional 1,301 shares during the period. Institutional investors and hedge funds own 72.43% of the company’s stock.

Wall Street Analyst Weigh In

CHCO has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of City in a report on Wednesday. Hovde Group lifted their target price on City from $133.00 to $135.00 and gave the stock a “market perform” rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $134.25.

View Our Latest Research Report on 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.