CB Financial Services Inc (CBFV) Director Purchases $30,635.00 in Stock
CB Financial Services Inc (NASDAQ:CBFV) Director David F. Pollock purchased 1,100 shares of the firm’s stock in a transaction dated Wednesday, November 7th. The shares were bought at an average price of $27.85 per share, for a total transaction of $30,635.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of NASDAQ CBFV traded down $0.18 during midday trading on Thursday, hitting $27.32. 104 shares of the company’s stock were exchanged, compared to its average volume of 6,147. CB Financial Services Inc has a 12-month low of $26.06 and a 12-month high of $36.95. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $150.57 million, a price-to-earnings ratio of 16.43, a PEG ratio of 1.82 and a beta of 0.48.
Hedge funds and other institutional investors have recently modified their holdings of the company. Acadian Asset Management LLC grew its holdings in shares of CB Financial Services by 169.2% during the second quarter. Acadian Asset Management LLC now owns 4,032 shares of the bank’s stock worth $139,000 after purchasing an additional 2,534 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of CB Financial Services during the third quarter worth about $233,000. Renaissance Technologies LLC purchased a new position in shares of CB Financial Services during the second quarter worth about $266,000. Schwab Charles Investment Management Inc. purchased a new position in shares of CB Financial Services during the second quarter worth about $307,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of CB Financial Services during the second quarter worth about $497,000. 26.79% of the stock is owned by institutional investors.
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CB Financial Services Company Profile
CB Financial Services, Inc operates as the bank holding company for Community Bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania. The company's deposit products include demand deposits, NOW accounts, money market accounts, savings accounts, and time deposits.
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