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.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research cut CB Financial Services from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 2nd. ValuEngine upgraded CB Financial Services from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. Finally, TheStreet cut CB Financial Services from a “b” rating to a “c+” rating in a research report on Wednesday, October 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $34.67.

COPYRIGHT VIOLATION WARNING: This report was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & international trademark & copyright laws. The legal version of this report can be viewed at https://theolympiareport.com/2018/11/08/cb-financial-services-inc-cbfv-director-purchases-30635-00-in-stock.html.

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.

Featured Article: What Factors Can Affect Return on Equity?

Insider Buying and Selling by Quarter for CB Financial Services (NASDAQ:CBFV)

Receive News & Ratings for CB Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CB Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.