Univest financial director Turner sells $344,280 in shares

Michael L. Turner, a director at UNIVEST FINANCIAL Corp (NASDAQ:UVSP), sold 8,000 shares of the company’s common stock on August 13, 2026. The transactions totaled $344,280, with shares sold at prices ranging from $42.9386 to $43.2336.

Following these sales, Mr. Turner beneficially owns 24,684.0723 shares of UNIVEST FINANCIAL Corp common stock. This total includes 2,368.0723 shares acquired through the company’s dividend reinvestment plan.The stock has delivered strong returns recently, with shares up 34% year-to-date and nearly 48% over the past year. According to InvestingPro analysis, UVSP appears undervalued at current levels. An InvestingPro tip highlights that the company has maintained dividend payments for 48 consecutive years, reinforcing its commitment to shareholder returns. For deeper insights, investors can access UVSP’s comprehensive Pro Research Report, available for this and 1,400+ other US equities.

In other recent news, Univest Financial Corp. reported its second-quarter 2026 earnings, which fell short of Wall Street estimates. The company posted earnings of $0.82 per share on revenue of $84.3 million, missing the expected $0.87 per share and $86.66 million in revenue. Univest attributed part of the shortfall to a $5.2 million pre-tax valuation adjustment related to an other real estate owned property. Despite the earnings miss, Univest’s net income rose by 18.8% from the previous year, reaching $23 million, or $0.82 per diluted share. The bank’s net interest income increased by 11.3% year-over-year, supported by a higher net interest margin of 3.49%. Additionally, Univest experienced growth in both loans and deposits, with increases of $101.7 million and $119.2 million, respectively, during the quarter. The company also continued its stock repurchase program, buying back 425,539 shares. Management highlighted the health of its core banking business, noting balanced loan and deposit growth rates.