Diane E. Baker sells 987 shares of Codorus Valley Bancorp, Inc. (NASDAQ:CVLY)

Codorus Valley Bancorp, Inc. (NASDAQ: CVLY – Get a rating) Vice President Diane E. Baker sold 987 shares in a trade that took place on Tuesday, June 21. The shares were sold at an average price of $22.34, for a total transaction of $22,049.58. Following the completion of the sale, the vice president now directly owns 20,837 shares of the company, valued at $465,498.58. The sale was disclosed in an SEC filing, available at this hyperlink.

Shares of NASDAQ CVLY traded down $0.05 in midday trading Thursday, hitting $22.44. The company had a trading volume of 1,135 shares, compared to an average volume of 9,490. Codorus Valley Bancorp, Inc. has a 52-week low of $19.61 and a 52-week high of $24.48. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt ratio of 0.28. The stock has a market capitalization of $213.85 million, a P/E ratio of 15.80 and a beta of 0.53. The company has a 50-day simple moving average of $23.09 and a two-hundred-day simple moving average of $22.34.

Codorus Valley Bancorp (NASDAQ:CVLY – Get a rating) last released its quarterly earnings data on Thursday, April 28. The financial services provider reported earnings per share (EPS) of $0.32 for the quarter. Codorus Valley Bancorp had a net margin of 15.98% and a return on equity of 7.11%. The company posted revenue of $19.56 million for the quarter.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 10. Shareholders of record on Tuesday, April 26 received a dividend of $0.15 per share. This represents an annualized dividend of $0.60 and a yield of 2.67%. The ex-dividend date was Monday, April 25. Codorus Valley Bancorp’s payout ratio is currently 42.25%.

Separately, StockNews.com began covering shares of Codorus Valley Bancorp in a research report on Wednesday. They issued a “hold” rating on the stock.

Institutional investors have recently changed their stake in the company. Advisor Group Holdings Inc. increased its holdings of Codorus Valley Bancorp shares by 51.2% in Q1. Advisor Group Holdings Inc. now owns 2,931 shares of the financial services provider valued at $64,000 after purchasing an additional 992 shares during the period. Hazlett Burt & Watson Inc. acquired a new equity stake in Codorus Valley Bancorp in Q1 valued at approximately $117,000. Marshall Wace LLP acquired a new equity stake in Codorus Valley Bancorp in Q3 valued at approximately $412,000. Two Sigma Investments LP acquired a new equity stake in Codorus Valley Bancorp in Q3 valued at approximately $623,000. Finally, American Century Companies Inc. increased its shareholding in Codorus Valley Bancorp by 39.0% in the 4th quarter. American Century Companies Inc. now owns 29,226 shares of the financial services provider valued at $631,000 after purchasing an additional 8,204 shares during the period. 51.29% of the shares are currently held by institutional investors.

About Codorus Valley Bancorp (Get a rating)

Codorus Valley Bancorp, Inc operates as a bank holding company for PeoplesBank which provides community banking services. The company accepts demand, money market, term and savings deposits, as well as certificates of deposit. It also offers commercial loans, such as builder and developer, commercial and residential real estate investor, hotel/motel, wholesale and retail, agriculture, manufacturing and other loans; consume loans including residential mortgages, home equity and others.

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Insider buying and selling by quarter for Codorus Valley Bancorp (NASDAQ:CVLY)

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