Insider Selling: C&F Financial (NASDAQ:CFFI) CEO Sells 500 Shares of 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 transaction of $43,565.00. Following the transaction, the chief executive officer directly owned 38,869 shares in the company, valued at $3,386,655.97. This trade represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

C&F Financial Trading Down 3.2%

CFFI traded down $2.80 during trading hours on Friday, reaching $85.84. The company’s stock had a trading volume of 310 shares, compared to its average volume of 7,395. The stock has a market cap of $279.32 million, a PE ratio of 9.58 and a beta of 0.32. C&F Financial Corporation has a fifty-two week low of $64.00 and a fifty-two week 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 $79.14 and its 200-day moving average is $76.15.

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

C&F Financial Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CFFI. Siena Capital Partners GP LLC purchased a new position in shares of C&F Financial during the fourth quarter worth $500,000. Geode Capital Management LLC raised its holdings in shares of C&F Financial by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 72,922 shares of the financial services provider’s stock valued at $5,295,000 after buying an additional 509 shares during the period. Empowered Funds LLC lifted its stake in C&F Financial by 7.1% during the 1st quarter. Empowered Funds LLC now owns 15,218 shares of the financial services provider’s stock worth $1,026,000 after acquiring an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in C&F Financial by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the financial services provider’s stock worth $887,000 after acquiring an additional 1,339 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in C&F Financial by 40.7% during the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 1,550 shares during the period. 37.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of C&F Financial in a research note on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average 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.