CB Financial Services, Inc. (CBFV) is experiencing a decline in its stock price today, potentially influenced by recent insider trading activities. Notably, Vice Chairman Charles R. Guthrie and Chairman Mark E. Fox sold significant portions of their holdings in December, with Guthrie selling 3,415 shares and Fox selling 3,538 shares. These transactions, which represented substantial decreases in their positions, might be contributing to investor concerns about the company's future prospects.
Despite the insider sales, institutional interest in CB Financial Services has been on the rise. Geode Capital Management LLC recently increased its stake in the company by 9.7% during the third quarter, now owning 48,357 shares. This move, along with other institutional adjustments, indicates a mixed sentiment among larger investors.
The current price of CB Financial Services, Inc. is $27.36, down 0.91% from the previous close of $27.61. The stock opened at $27.55 and has seen a low of $27.36 so far today. With a volume of 1,603 shares traded, representing 26.24% of the average daily volume of 6,108, trading activity is relatively low, which is typical for this early in the trading day.