City Holding Co (CHCO): David L Bumgarner , SVP & Chief Financial Officer of City Holding Co sold 1,250 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $48.75 per share for a total value of $60,937.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 23, 2016, Charles R Hageboeck (President & CEO) sold 2,503 shares at $47.81 per share price.On May 9, 2016, Jeffrey Dale Legge (SVP, CAO & CIO) sold 1,250 shares at $48.00 per share price.Also, On May 2, 2016, Craig G Stilwell (EVP Retail Banking) sold 2,928 shares at $49.03 per share price.On Feb 12, 2016, John R Elliot (director) purchased 3,245 shares at $41.96 per share price.
City Holding Company: On Wednesday, May 25, 2016 heightened volatility was witnessed in City Holding Company which led to swings in the share price. The shares opened for trading at $49.21 and hit $49.82 on the upside , eventually ending the session at $49.3, with a gain of 0.63% or 0.31 points. The heightened volatility saw the trading volume jump to 56,036 shares. The 52-week high of the share price is $52.28 and the company has a market cap of $739 M . The 52-week low of the share price is at $40.74.
City Holding Company is a financial holding company. The Company conducts its principal activities through its wholly owned subsidiary City National Bank of West Virginia (City National). City National provides banking trust and investment management and other financial solutions through its network of around 82 banking offices located in the states of West Virginia Virginia eastern Kentucky and southeastern Ohio. City National offers various products and services including commercial banking consumer banking mortgage banking and wealth management and trust services. City National provides credit deposit and investment advisory products and services to rural and small community markets in addition to cities including Charleston Huntington Winchester Staunton Virginia Beach Ashland and Martinsburg.