Key Points
- EVP Philip Metheny purchased 4,147 shares on Nov. 21 at an average price of $24.12 (≈$100,026), bringing his total to 8,313 shares — a 99.54% increase in his position, disclosed in an SEC Form 4.
- CBK shares recently traded at $24.57 on very low volume (255 shares vs. a ~43,766 average), with a 12‑month range of $23.36–$25.89, a market cap of ≈$300.7M and a P/E of ~31.9.
- The company reported quarterly EPS of $0.77 on $22.85M in revenue, and analysts’ consensus rating is Strong Buy (including a Hovde Group upgrade to strong-buy).
Commercial Bancgroup, Inc. (NASDAQ:CBK - Get Free Report) EVP Philip Metheny acquired 4,147 shares of the business's stock in a transaction on Friday, November 21st. The stock was acquired at an average price of $24.12 per share, with a total value of $100,025.64. Following the acquisition, the executive vice president owned 8,313 shares in the company, valued at $200,509.56. The trade was a 99.54% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Commercial Bancgroup Price Performance
Shares of CBK stock traded up $0.19 during trading hours on Tuesday, reaching $24.57. The company had a trading volume of 255 shares, compared to its average volume of 43,766. Commercial Bancgroup, Inc. has a 12-month low of $23.36 and a 12-month high of $25.89. The firm has a market capitalization of $300.74 million and a PE ratio of 31.91.
Commercial Bancgroup (NASDAQ:CBK - Get Free Report) last announced its quarterly earnings results on Monday, October 27th. The company reported $0.77 earnings per share for the quarter. The firm had revenue of $22.85 million for the quarter.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on CBK shares. Wall Street Zen raised Commercial Bancgroup to a "hold" rating in a research report on Saturday, October 11th. Hovde Group upgraded shares of Commercial Bancgroup to a "strong-buy" rating in a research note on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Strong Buy".
View Our Latest Stock Analysis on Commercial Bancgroup
Commercial Bancgroup Company Profile
(
Get Free Report)
We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976.
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