Insider Sell: John Derito Sells Shares of City Holding Co (CHCO)

On November 25, 2024, John Derito, Executive Vice President, Commercial Banking at City Holding Co, sold 1,243 shares of City Holding Co (CHCO, Financial). Following this transaction, the insider now owns 28,757 shares of the company. The details of this transaction can be found in the SEC Filing. City Holding Co is a financial holding company headquartered in Charleston, West Virginia. The company provides a range of financial services through its principal subsidiary, City National Bank of West Virginia. These services include commercial banking, consumer banking, mortgage banking, and wealth management. 1861500330865487872.png Over the past year, John Derito has sold a total of 8,170 shares and has not purchased any shares. The insider transaction history for City Holding Co indicates that there have been 21 insider buys and 21 insider sells over the same period. 1861500397378760704.png On the day of the recent sale, shares of City Holding Co were trading at $136.93, giving the stock a market cap of $1.952 billion. The company's price-earnings ratio is 17.05, which is higher than the industry median of 10.7 and also higher than the company’s historical median price-earnings ratio. With a trading price of $136.93 and a GF Value of $111.05, City Holding Co has a price-to-GF-Value ratio of 1.23, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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