City Holding Co. director James Hoyer buys $14,213 in common stock

City Holding Co. (NASDAQ:CHCO) director James Hoyer purchased 100 shares of the company's common stock on October 23, 2026, for a total cost of $14,213. Each share was bought at $142.13, which is near the current trading price of $142.01. The investment has generated a 22.5% return year-to-date. The purchase adhered to a Rule 10b5-1 plan, and Hoyer now owns a total of 802 shares directly, as well as 19 and 100 shares indirectly through various SEP accounts.

The bank holding company, valued at $2.01 billion, has a P/E ratio of 15.5 and provides a 2.8% dividend yield. Industry analysis suggests CHCO is undervalued and among the platform's most undervalued stocks. Recently, Keefe, Bruyette & Woods increased its price target for City Holding shares from $135 to $145, maintaining a Market Perform rating due to the firm's robust core deposit base, which it perceives as a competitive advantage.

With $6.7 billion in assets under management, City Holding's financial strategy has garnered confidence from analysts. This report was AI-assisted and edited for accuracy.