CHCO CITY HOLDING CO

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon days Filed May 27, 2026 Processed 16d 23h ago
Insider cluster: 2 insiders, $308K total
Latest settled — T+5d
CHCO ▲ +0.68% at T+5d
NEUTRAL call ✓ call won +0.68% · α vs SPY -0.53% · entry $124.52 → $125.37
Next anchor: T+20d in 12d
Currently $130.76 · +5.01% from $124.52 entry
Entry anchored
May 27, 09:52 AM ET
via Databento tick
T+1d
+0.06%
call +0.06% · α -0.49%
$124.60
settled 16d ago
T+5d
+0.68%
call +0.68% · α -0.53%
$125.37
settled 10d ago
T+20d
call — · α —
in 12d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two C-suite insiders at City Holding Co (CHCO) sold a combined $308K in open-market sales over a 5-day window, representing ~0.017% of the $1.8B market cap. The dollar amount is trivial relative to company size, and the sales are likely liquidity-driven (blackout window opening or routine diversification), not a bearish signal. The cluster is non-informative per the academic literature on insider sales.

Key Financial Metrics

Direction
selling
Total Value
$308.2K
Insiders
2

Actionable Insight

This cluster is too small to warrant a trading signal. Monitor for any material change in insider selling velocity (e.g., >$1M in a single week) or a cluster of C-suite purchases, which would be far more informative. The 63% win rate on prior CHCO reports at T+20 suggests the stock has been resilient to small insider sales historically.

Key Facts

  • EVP & CFO David L. Bumgarner sold 1,161 shares at $124.50 for $144,545 on May 22, 2026
  • EVP, CAO & CIO Jeffrey Dale Legge sold 1,309 shares at $125.00 for $163,625 on May 26, 2026
  • Total cluster value of $308K is ~0.017% of CHCO's $1.8B market cap
  • Both sales were open-market transactions; no insider purchases in the cluster
  • No 10b5-1 plan designation was noted, but the small size and C-suite participation suggest routine portfolio rebalancing

Financial Impact

Total insider sales of $308K, immaterial relative to $1.8B market cap

insider ownership

Risk Factors

  • If insider selling accelerates to >$1M in a 30-day window, it could signal management concern about valuation or upcoming headwinds
  • No purchases in this cluster — sustained selling without any insider buying would be a mild negative over time

Market Snapshot

Exchange
Nasdaq
Sector
National Commercial Banks
Analyst Consensus
0% bullish (10 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CHCO-1779890018593
14 reports for CHCO
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+60▲ +7.74%Mar 9, 2026
Filters
Rows
Reports for CHCO — sortable, filterable
Type Now
Jun 1, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$123.68 $126.78▲ +2.51%▲ +5.26%$130.76 (+5.72%)
May 28, 2026
15d ago
8-K
NEUTRAL ★ 2/10
$124.60 $123.56▼ −0.83%▼ −0.79%$130.76 (+4.94%)
May 28, 2026
15d ago
8-K
NEUTRAL ★ 2/10
$124.60 $123.56▼ −0.83%▼ −0.79%$130.76 (+4.94%)
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$124.52 $125.37▲ +0.68%▼ −0.53%$130.76 (+5.01%)
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$122.96 $121.54▼ −1.15%▼ −2.33%$130.76 (+6.34%)
Apr 29, 2026
6w ago
8-K
NEUTRAL ★ 2/10
$121.40 $123.95▲ +2.10%▼ −1.01%$130.76 (+7.71%)
Apr 27, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$124.46 $122.40▼ −1.66%▼ −2.06%$130.76 (+5.06%)
Apr 23, 2026
7w ago
8-K
BULLISH ★ 7/10
$126.65 $121.40▼ −4.15%▼ −5.62%$130.76 (+3.25%)
Apr 20, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$126.12 $124.46▼ −1.32%▼ −2.23%$130.76 (+3.68%)
Apr 20, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$126.12 $124.46▼ −1.32%▼ −2.23%$130.76 (+3.68%)
Showing 10 of 14

US Market Status

Market Closed — Opens Mon (48h 34m)

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