James Hoyer Purchases 106 Shares of City (NASDAQ:CHCO) Stock

City Holding Company (NASDAQ:CHCO) Director James Hoyer purchased 106 shares of City stock in a transaction dated Monday, March 9th. The shares were acquired at an average cost of $115.88 per share, for a total transaction of $12,283.28. Following the transaction, the director directly owned 504 shares of the company’s stock, valued at approximately $58,403.52. This represents a 26.63% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

City Trading Up 1.0%

NASDAQ CHCO opened at $118.37 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 13.24 and a beta of 0.51. The firm has a 50 day simple moving average of $122.93 and a 200-day simple moving average of $123.10. City Holding Company has a one year low of $102.22 and a one year high of $133.59.

City (NASDAQ:CHCO) last released 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). City had a return on equity of 16.61% and a net margin of 32.56%.The business had revenue of $60.83 million for the quarter, compared to analyst estimates of $81.38 million. Equities research analysts anticipate that City Holding Company will post 7.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. First Horizon Corp grew its position 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 buying an additional 146 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in City in the fourth quarter valued at $29,000. Quarry LP purchased a new stake in City in the third quarter valued at $32,000. Simplex Trading LLC acquired a new position in City in the fourth quarter valued at $36,000. Finally, Geneos Wealth Management Inc. boosted its stake in City by 113.1% in the second quarter. Geneos Wealth Management Inc. now owns 373 shares of the bank’s stock valued at $46,000 after acquiring an additional 198 shares in the last quarter. Institutional investors and hedge funds own 72.43% of the company’s stock.

Trending Headlines about 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

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.