Insider Selling: C&F Financial (NASDAQ:CFFI) CEO Sells $43,565.00 in Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 500 shares of C&F Financial stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $87.13, for a total value of $43,565.00. Following the completion of the transaction, the chief executive officer owned 38,869 shares of the company’s stock, valued at approximately $3,386,655.97. This represents a 1.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

C&F Financial Stock Performance

Shares of NASDAQ CFFI opened at $87.94 on Monday. C&F Financial Corporation has a 1-year low of $64.00 and a 1-year high of $89.76. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.90 and a quick ratio of 0.88. The business’s 50 day moving average is $79.42 and its two-hundred day moving average is $76.28. The stock has a market capitalization of $286.16 million, a P/E ratio of 9.81 and a beta of 0.32.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $2.40 earnings per share (EPS) for the quarter. The business had revenue of $39.37 million during the quarter. C&F Financial had a return on equity of 10.90% and a net margin of 14.91%.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were given a $0.48 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.92 dividend on an annualized basis and a yield of 2.2%. C&F Financial’s dividend payout ratio (DPR) is currently 21.43%.

Institutional Trading of C&F Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC boosted its position in C&F Financial by 110.3% during the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after purchasing an additional 38,088 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of C&F Financial during the second quarter valued at about $631,000. Siena Capital Partners GP LLC purchased a new stake in shares of C&F Financial during the fourth quarter valued at about $500,000. Rhumbline Advisers boosted its holdings in shares of C&F Financial by 2,137.3% in the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock valued at $196,000 after buying an additional 3,035 shares in the last quarter. Finally, New York State Common Retirement Fund bought a new stake in shares of C&F Financial in the 2nd quarter valued at about $105,000. Hedge funds and other institutional investors own 37.23% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of C&F Financial in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About C&F Financial

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.