Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director Dallas L. Smith Sells 2,674 Shares

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director Dallas L. Smith sold 2,674 shares of Codorus Valley Bancorp stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $22.32, for a total value of $59,683.68. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of CVLY traded down $0.38 during trading hours on Friday, reaching $21.65. 1 shares of the company’s stock traded hands, compared to its average volume of 10,050. The stock has a market cap of $211.14 million, a PE ratio of 11.78 and a beta of 0.70. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.53. The firm’s 50 day simple moving average is $22.64 and its 200-day simple moving average is $22.12. Codorus Valley Bancorp, Inc. has a 12 month low of $19.65 and a 12 month high of $32.34.

Codorus Valley Bancorp (NASDAQ:CVLY) last issued its quarterly earnings results on Thursday, July 18th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $19.89 million during the quarter. Codorus Valley Bancorp had a return on equity of 10.16% and a net margin of 18.78%.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Tuesday, July 23rd were given a dividend of $0.16 per share. The ex-dividend date was Monday, July 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.96%.

Institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC lifted its position in Codorus Valley Bancorp by 14.8% in the fourth quarter. Geode Capital Management LLC now owns 77,426 shares of the financial services provider’s stock valued at $1,645,000 after purchasing an additional 9,958 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Codorus Valley Bancorp by 15.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 204,556 shares of the financial services provider’s stock valued at $4,347,000 after buying an additional 27,001 shares during the period. Banc Funds Co. LLC increased its stake in shares of Codorus Valley Bancorp by 2.6% during the first quarter. Banc Funds Co. LLC now owns 634,155 shares of the financial services provider’s stock valued at $13,539,000 after buying an additional 16,161 shares during the period. BNP Paribas Arbitrage SA increased its stake in shares of Codorus Valley Bancorp by 449.9% during the first quarter. BNP Paribas Arbitrage SA now owns 1,908 shares of the financial services provider’s stock valued at $41,000 after buying an additional 1,561 shares during the period. Finally, Metropolitan Life Insurance Co. NY increased its stake in shares of Codorus Valley Bancorp by 390.4% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,325 shares of the financial services provider’s stock valued at $71,000 after buying an additional 2,647 shares during the period. Hedge funds and other institutional investors own 52.60% of the company’s stock.

About Codorus Valley Bancorp

Codorus Valley Bancorp, Inc operates as the bank holding company for the PeoplesBank that provides community banking services. The company accepts demand, money market, time, and savings deposits. It also offers commercial real estate, industrial, and construction loans; commercial loans, such as builder and developer, commercial and residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing, and other loans; and consumer loans, including residential mortgage, home equity, and other loans.

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Insider Buying and Selling by Quarter for Codorus Valley Bancorp (NASDAQ:CVLY)

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