The President & CEO of Codorus Valley Bancorp Inc is Exercising Options


Today it was reported that the President & CEO of Codorus Valley Bancorp Inc (CVLY), Larry J. Miller, exercised options to sell 527 CVLY shares at $6.22 a share, for a total transaction value of $13.04K. The options were close to expired and Larry J. Miller disposed stocks.

Following Larry J. Miller’s last CVLY Sell transaction on May 11, 2015, the stock climbed by 4.2%. In addition to Larry J. Miller, 2 other CVLY executives reported Sell trades in the last month.

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Based on Codorus Valley Bancorp Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $24.1 million and quarterly net profit of $5.06 million. In comparison, last year the company earned revenue of $20.87 million and had a net profit of $3.41 million. CVLY’s market cap is $223.9M and the company has a P/E ratio of 13.72. Currently, Codorus Valley Bancorp Inc has an average volume of 631.

In the last 30 days, insiders have sold $13.04K worth of CVLY shares and purchased $30.68K worth of CVLY shares. The insider sentiment on Codorus Valley Bancorp Inc has been positive according to 50 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Larry J. Miller’s trades have generated a -1.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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