City Holding Co (CHCO): Jeffrey Dale Legge , SVP, CAO & CIO of City Holding Co sold 1,250 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $48.00 per share for a total value of $60,000.00 , 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 9, 2016, Jeffrey Dale Legge (SVP, CAO & CIO) sold 1,250 shares at $48.00 per share price.On May 2, 2016, Craig G Stilwell (EVP Retail Banking) sold 2,928 shares at $49.03 per share price.Also, On Feb 12, 2016, John R Elliot (director) purchased 3,245 shares at $41.96 per share price.On Feb 12, 2016, Robert D Fisher (director) purchased 1,755 shares at $41.96 per share price.
Shares of City Holding Company (CHCO) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.08% at $48.14 with 66,176 shares getting traded. Post opening the session at $47.86, the shares hit an intraday low of $47.36 and an intraday high of $48.21 and the price vacillated in this range throughout the day. The company has a market cap of $721 M and the number of outstanding shares has been calculated to be 1,49,81,420 shares. The 52-week high of City Holding Company is $52.28 and the 52-week low is $40.74.
Company has been under the radar of several Street Analysts.City Holding Company is Resumed by Sandler O’Neill to Hold and the brokerage firm has set the Price Target at $46. The Rating was issued on Feb 10, 2016.
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.