Insider Selling: C&F Financial (NASDAQ:CFFI) CEO Sells $15,000.00 in Stock

C&F Financial Corporation (NASDAQ:CFFI) CEO Thomas Cherry sold 200 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $75.00, for a total value of $15,000.00. Following the transaction, the chief executive officer directly owned 40,169 shares of the company’s stock, valued at $3,012,675. This trade represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

C&F Financial Stock Performance

Shares of NASDAQ CFFI opened at $77.20 on Friday. The stock has a 50 day moving average price of $74.75 and a 200 day moving average price of $73.62. C&F Financial Corporation has a 52 week low of $57.09 and a 52 week high of $80.99. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.88 and a current ratio of 0.90. The stock has a market capitalization of $250.90 million, a PE ratio of 8.87 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $2.08 EPS for the quarter. C&F Financial had a return on equity of 11.03% and a net margin of 14.84%.The firm had revenue of $36.26 million during the quarter.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.92 annualized dividend and a yield of 2.5%. C&F Financial’s dividend payout ratio is 22.07%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CFFI. Geode Capital Management LLC boosted its stake in shares of C&F Financial by 110.3% during the 2nd quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock worth $4,483,000 after acquiring an additional 38,088 shares during the period. Siena Capital Partners GP LLC bought a new position in shares of C&F Financial during the 4th quarter worth approximately $500,000. Rhumbline Advisers boosted its stake 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 acquiring an additional 3,035 shares during the period. New York State Common Retirement Fund bought a new position in shares of C&F Financial during the 2nd quarter worth approximately $105,000. Finally, Royal Bank of Canada boosted its stake in shares of 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 worth $361,000 after acquiring an additional 1,550 shares during the period. 37.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a research report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, C&F Financial 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.