Insider Selling: C&F Financial (NASDAQ:CFFI) EVP Sells $54,996.50 in Stock

C&F Financial Corporation (NASDAQ:CFFI) EVP John Seaman III sold 650 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $84.61, for a total value of $54,996.50. Following the completion of the sale, the executive vice president owned 4,632 shares of the company’s stock, valued at approximately $391,913.52. This trade represents a 12.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

C&F Financial Trading Up 1.7%

Shares of CFFI stock opened at $88.64 on Friday. The stock has a 50-day simple moving average of $79.14 and a 200 day simple moving average of $76.15. The stock has a market capitalization of $288.43 million, a P/E ratio of 9.89 and a beta of 0.32. C&F Financial Corporation has a fifty-two week low of $62.52 and a fifty-two week high of $89.76. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.31.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.40 EPS for the quarter. C&F Financial had a net margin of 14.91% and a return on equity of 10.90%. The firm had revenue of $39.37 million for the quarter.

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.92 annualized dividend and a yield of 2.2%. C&F Financial’s dividend payout ratio is currently 21.43%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of C&F Financial in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On C&F Financial

Institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its position in C&F Financial by 110.3% during the second quarter. Geode Capital Management LLC now owns 72,611 shares of the financial services provider’s stock valued at $4,483,000 after acquiring an additional 38,088 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in C&F Financial in the second quarter worth approximately $631,000. Siena Capital Partners GP LLC bought a new stake in C&F Financial in the fourth quarter worth approximately $500,000. Rhumbline Advisers increased 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 purchasing an additional 3,035 shares during the last quarter. Finally, New York State Common Retirement Fund acquired a new position in shares of C&F Financial during the 2nd quarter worth $105,000. 37.23% of the stock is currently owned by institutional investors and hedge funds.

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.