On November 6, 2024, Thomas Cherry, President & CEO of C&F Financial Corp (CFFI, Financial), executed a sale of 2,000 shares of the company at a price of $70 per share. This transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 39,059 shares of C&F Financial Corp.
C&F Financial Corp operates as a bank holding company, which through its subsidiaries, provides banking and related financial services to both individuals and businesses. The company's services include personal banking, business banking, and wealth management.
Over the past year, the insider transaction history at C&F Financial Corp shows a total of 3 insider buys and 4 insider sells. Thomas Cherry's recent transaction reflects a continuation of this trend of insider sales.
Shares of C&F Financial Corp were trading at $70 on the day of the sale, giving the company a market cap of $222.885 million. The price-earnings ratio of the stock stands at 12.21, which is above the industry median of 10.67.
The stock's valuation according to the GF Value is set at $55.95, indicating that at a price of $70, C&F Financial Corp is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.25.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at C&F Financial Corp.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
