City Holding Co director Robert D. Fisher buys $23,451 in company stock.
City Holding Co director Robert D. Fisher buys $23,451 in company stock.
Robert D. Fisher, a director at City Holding Co (NASDAQ:CHCO), acquired shares of the company’s common stock on October 23, 2026.
The transaction involved the purchase of 165 shares at a price of $142.13 per share, amounting to a total value of $23,451. This acquisition was made pursuant to a Rule 10b5-1 trading plan. The purchase price aligns closely with the stock’s current trading level of $142.01, as shares have delivered a 22% return year-to-date.
Following this transaction, Mr. Fisher directly holds 47,876.9094 shares of City Holding Co common stock. This total includes 680.64625 shares acquired earlier in the year through his participation in the company’s dividend reinvestment plan. The company currently offers a 2.82% dividend yield and has maintained dividend payments for 25 consecutive years, according to InvestingPro data, which also indicates the stock is undervalued based on its Fair Value analysis.
In other recent news, Keefe, Bruyette & Woods has raised its price target for City Holding shares to $145, up from the previous target of $135. The firm has maintained a Market Perform rating on the stock. This adjustment highlights the bank’s strong core deposit base, which is considered a competitive advantage in the current market environment. City Holding is reported to have $6.7 billion in assets, which contributes to its stability and attractiveness to investors. These developments reflect the firm’s confidence in City Holding’s financial position. The raised price target indicates a positive outlook from the analysts at Keefe, Bruyette & Woods.
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