City Holding Co. director James Hoyer buys $14,213 in common stock

James A. Hoyer, a director at City Holding Co. (NASDAQ:CHCO), acquired 100 shares of the company’s common stock on October 23, 2026. The transaction totaled $14,213, with shares purchased at a price of $142.13 each. The stock currently trades at $142.01, near the director’s purchase price, and has delivered a 22.5% return year-to-date.

The purchase was made pursuant to a Rule 10b5-1 plan. Following this transaction, Mr. Hoyer directly holds 802 shares of common stock. Additionally, he indirectly holds 19 shares through SEP James A. Hoyer and 100 shares through James A Hoyer SEP. The $2.01 billion bank holding company trades at a P/E ratio of 15.5 and offers a 2.8% dividend yield. According to InvestingPro analysis, CHCO appears undervalued and ranks among the platform’s Most Undervalued stocks.

In other recent news, Keefe, Bruyette & Woods raised its price target for City Holding shares from $135 to $145. The firm maintained a Market Perform rating on the stock. This decision was influenced by City Holding’s strong core deposit base, which Keefe Bruyette sees as a competitive advantage. City Holding currently manages $6.7 billion in assets. These developments highlight the firm’s confidence in City Holding’s financial strategy amidst the current market environment.