Robert Fisher Purchases 213 Shares of City (NASDAQ:CHCO) Stock

City Holding Company (NASDAQ:CHCO) Director Robert Fisher bought 213 shares of City stock in a transaction on Monday, March 9th. The shares were purchased at an average price of $115.88 per share, for a total transaction of $24,682.44. Following the acquisition, the director directly owned 46,978 shares in the company, valued at approximately $5,443,810.64. This trade represents a 0.46% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

City Trading Up 1.0%

CHCO opened at $118.37 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.19. City Holding Company has a 52 week low of $102.22 and a 52 week high of $133.59. The stock has a market cap of $1.70 billion, a PE ratio of 13.24 and a beta of 0.51. The business has a 50 day moving average of $122.93 and a 200-day moving average of $123.10.

City (NASDAQ:CHCO) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $81.38 million. City had a return on equity of 16.61% and a net margin of 32.56%. Equities research analysts predict that City Holding Company will post 7.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of City from a “hold” rating to a “sell” rating in a research note on Sunday, November 16th. Weiss Ratings reissued a “buy (b+)” rating on shares of City in a research report on Tuesday, December 23rd. Finally, Piper Sandler raised their price objective on City from $125.00 to $130.00 and gave the company a “neutral” rating in a research report on Friday, January 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 presently has a consensus rating of “Hold” and a consensus price target of $134.50.

Institutional Trading of City

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Apollon Wealth Management LLC grew its holdings in shares of City by 4.2% during the fourth quarter. Apollon Wealth Management LLC now owns 1,996 shares of the bank’s stock valued at $238,000 after buying an additional 81 shares during the last quarter. ProShare Advisors LLC raised its holdings in City by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 2,740 shares of the bank’s stock worth $327,000 after acquiring an additional 81 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in City by 28.4% in the 2nd quarter. Smartleaf Asset Management LLC now owns 497 shares of the bank’s stock valued at $61,000 after acquiring an additional 110 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in City by 0.9% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 12,822 shares of the bank’s stock valued at $1,570,000 after purchasing an additional 116 shares during the last quarter. Finally, R Squared Ltd increased its holdings in shares of City by 6.6% in the 4th quarter. R Squared Ltd now owns 2,135 shares of the bank’s stock worth $254,000 after purchasing an additional 132 shares in the last quarter. 72.43% of the stock is currently owned by institutional investors.

City News Roundup

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

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.