An Insider at Codorus Valley Bancorp Inc (CVLY) is Buying Shares


Today, an Insider at Codorus Valley Bancorp Inc (NASDAQ: CVLY), Stephen Altland, bought shares of CVLY for $7,988.

This recent transaction increases Stephen Altland’s holding in the company by 20.09% to a total of $229.3K. Following Stephen Altland’s last CVLY Buy transaction on December 17, 2015, the stock climbed by 10.5%.

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Based on Codorus Valley Bancorp Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $21.81 million and quarterly net profit of $4.08 million. In comparison, last year the company earned revenue of $19.19 million and had a net profit of $3.42 million. CVLY’s market cap is $263.5M and the company has a P/E ratio of 21.22. Currently, Codorus Valley Bancorp Inc has an average volume of 3,769.

In the last 30 days, insiders have sold $73.63K worth of CVLY shares and purchased $16.84K worth of CVLY shares. The insider sentiment on Codorus Valley Bancorp Inc has been negative according to 61 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Codorus Valley Bancorp, Inc. operates as a bank holding company for Peoples Bank, which provides banking and financial services. The company also provides personal banking, mortgage banking, wealth management and real estate services. Codorus Valley Bancorp was founded on October 7, 1986 and is headquartered in York, PA.

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