New insider activity at City Holding Company ( (CHCO) ) has taken place on February 8, 2025.
Director Charles Fairchilds has sold 500 shares of City Holding Company stock, totaling a transaction value of $60,250.
Recent Updates on CHCO stock
City Holding Company reported strong financial results for Q4 of 2024, with a net income of $117.1 million and improvements in non-interest income driven by trust and investment management fees. Despite a solid performance, Piper Sandler analyst Andrew Liesch reduced the firm’s price target for City Holding due to concerns over the company’s net interest margin, which decreased from 4.01% to 3.86%. This decrease was attributed to rising costs of interest-bearing liabilities, impacting the future outlook. Additionally, the firm adjusted its margin forecast and removed near-term share repurchase activity, reflecting cautious optimism about the company’s future in a challenging market environment.
More about City Holding Company
YTD Price Performance: 2.23%
Average Trading Volume: 59,211
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.77B