C&F Financial (NASDAQ:CFFI) CEO Sells $84,969.00 in Stock

Key Points

• CEO stock sale: C&F Financial CEO S. Dustin Crone sold 900 shares at an average price of $94.41, totaling $84,969. Following the transaction, he retained 8,378 shares, a 9.7% reduction in his position.
• Stock and financial performance: CFFI recently traded at $93.92, near its 12-month high of $96.00. The company reported quarterly EPS of $2.40, revenue of $39.37 million, a 14.91% net margin, and a 10.72% return on equity.
• Dividend and outlook: The company declared a quarterly dividend of $0.48 per share, equivalent to a 2.0% yield and a 21.43% payout ratio. Analyst sentiment remains positive overall, with MarketBeat reporting a consensus “Buy” rating, despite one recent downgrade to “Hold.”

C&F Financial Corporation (NASDAQ:CFFI - Get Free Report) CEO S Dustin Crone sold 900 shares of the business's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $94.41, for a total transaction of $84,969.00. Following the completion of the sale, the chief executive officer directly owned 8,378 shares of the company's stock, valued at approximately $790,966.98. The trade was a 9.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

C&F Financial Price Performance

C&F Financial stock traded up $0.42 during midday trading on Wednesday, reaching $93.92. The company had a trading volume of 43,455 shares, compared to its average volume of 13,345. The company has a market capitalization of $305.41 million, a P/E ratio of 10.47 and a beta of 0.33. C&F Financial Corporation has a 12-month low of $64.71 and a 12-month high of $96.00. The firm's fifty day simple moving average is $84.96 and its 200-day simple moving average is $78.39. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.92 and a quick ratio of 0.91.

C&F Financial (NASDAQ:CFFI - Get Free Report) last announced 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 net margin of 14.91% and a return on equity of 10.72%. The company had revenue of $39.37 million for the quarter.

C&F Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Tuesday, September 15th. C&F Financial's payout ratio is currently 21.43%.

Analyst Ratings Changes

CFFI has been the topic of a number of analyst reports. Weiss Ratings upgraded C&F Financial from a "hold (c)" rating to a "buy (b-)" rating in a research report on Wednesday, August 19th. Wall Street Zen cut C&F Financial from a "buy" rating to a "hold" rating in a report on Saturday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy".

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets increased its stake in C&F Financial by 370.0% during the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider's stock worth $26,000 after acquiring an additional 333 shares during the last quarter. New York State Common Retirement Fund purchased a new position in shares of C&F Financial during the 2nd quarter worth $105,000. Rhumbline Advisers increased its position in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider's stock worth $196,000 after purchasing an additional 3,035 shares during the last quarter. California State Teachers Retirement System increased its position in shares of C&F Financial by 1,887.9% during the 2nd quarter. California State Teachers Retirement System now owns 3,280 shares of the financial services provider's stock worth $262,000 after purchasing an additional 3,115 shares during the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in C&F Financial in the 2nd quarter valued at about $270,000. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

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.

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