Insider Buying: Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director Buys $24,520.00 in Stock

Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Director John W. Giambalvo purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were purchased at an average cost of $12.26 per share, with a total value of $24,520.00. Following the acquisition, the director now owns 16,784 shares in the company, valued at approximately $205,771.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NASDAQ:CVLY opened at $11.75 on Friday. The company has a market cap of $116.68 million, a price-to-earnings ratio of 12.38 and a beta of 0.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a 50 day simple moving average of $13.20 and a 200 day simple moving average of $16.02. Codorus Valley Bancorp, Inc. has a one year low of $10.62 and a one year high of $24.63.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Investors of record on Tuesday, July 28th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.40%. The ex-dividend date is Monday, July 27th.

A number of large investors have recently modified their holdings of CVLY. Advisor Group Holdings Inc. bought a new position in Codorus Valley Bancorp in the 1st quarter valued at approximately $31,000. Citigroup Inc. lifted its stake in Codorus Valley Bancorp by 50.8% in the 4th quarter. Citigroup Inc. now owns 1,895 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 638 shares during the last quarter. Marshall Wace LLP lifted its stake in Codorus Valley Bancorp by 370.8% in the 1st quarter. Marshall Wace LLP now owns 6,525 shares of the financial services provider’s stock valued at $139,000 after purchasing an additional 5,139 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Codorus Valley Bancorp in the 4th quarter valued at approximately $238,000. Finally, UBS Group AG lifted its stake in Codorus Valley Bancorp by 48.5% in the 4th quarter. UBS Group AG now owns 12,009 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 3,920 shares during the last quarter. 51.21% of the stock is owned by institutional investors and hedge funds.

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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