Citizens & Northern (NASDAQ:CZNC) Director Terry Lehman Buys 1,000 Shares

May 14, 2026 by InsiderTrades.com

Key Points

Director Terry Lehman bought 1,000 shares of Citizens & Northern at an average price of $20.83, increasing his holdings to 30,317 shares. The transaction was worth about $20,830 and raised his position by 3.41%.
The company recently missed earnings expectations, reporting $0.02 EPS versus the $0.58 consensus, even though revenue of $36.90 million topped estimates. Analysts now expect Citizens & Northern to earn 1.97 EPS for the full year.
Citizens & Northern declared a quarterly dividend of $0.28, or $1.12 annually, yielding about 5.4%. The stock currently has a market cap of $371.84 million and a consensus analyst rating of “Reduce” with a $23.50 price target.

Citizens & Northern Corp (NASDAQ:CZNC - Get Free Report) Director Terry Lehman purchased 1,000 shares of the company's stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average cost of $20.83 per share, for a total transaction of $20,830.00. Following the purchase, the director directly owned 30,317 shares in the company, valued at $631,503.11. This trade represents a 3.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Citizens & Northern Price Performance

Citizens & Northern stock opened at $20.75 on Thursday. The company's fifty day moving average price is $22.46 and its 200 day moving average price is $21.58. Citizens & Northern Corp has a 1 year low of $18.02 and a 1 year high of $24.11. The stock has a market capitalization of $371.84 million, a P/E ratio of 19.04 and a beta of 0.44. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.91 and a current ratio of 0.91.

Citizens & Northern (NASDAQ:CZNC - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by ($0.56). Citizens & Northern had a net margin of 9.67% and a return on equity of 7.47%. The company had revenue of $36.90 million during the quarter, compared to analyst estimates of $35.60 million. As a group, equities research analysts anticipate that Citizens & Northern Corp will post 1.97 earnings per share for the current fiscal year.

Citizens & Northern Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $1.12 dividend on an annualized basis and a yield of 5.4%. Citizens & Northern's dividend payout ratio (DPR) is currently 75.68%.

Institutional Investors Weigh In On Citizens & Northern

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citizens & Northern Corp boosted its stake in Citizens & Northern by 12.6% during the 4th quarter. Citizens & Northern Corp now owns 361,412 shares of the financial services provider's stock worth $7,290,000 after purchasing an additional 40,323 shares during the last quarter. Innova Wealth Partners purchased a new position in shares of Citizens & Northern during the 4th quarter worth $203,000. JPMorgan Chase & Co. raised its holdings in shares of Citizens & Northern by 6.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,504 shares of the financial services provider's stock worth $287,000 after acquiring an additional 892 shares during the period. Teton Advisors LLC purchased a new position in shares of Citizens & Northern during the 3rd quarter worth $238,000. Finally, CWM LLC raised its holdings in shares of Citizens & Northern by 210.2% during the 3rd quarter. CWM LLC now owns 3,574 shares of the financial services provider's stock worth $71,000 after acquiring an additional 2,422 shares during the period. Institutional investors and hedge funds own 30.83% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Piper Sandler lifted their price target on shares of Citizens & Northern from $22.50 to $23.50 and gave the company a "neutral" rating in a research note on Thursday, January 29th. Wall Street Zen cut shares of Citizens & Northern from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Weiss Ratings cut shares of Citizens & Northern from a "buy (b)" rating to a "hold (c+)" rating in a research note on Monday. Finally, Zacks Research cut shares of Citizens & Northern from a "hold" rating to a "strong sell" rating in a research note on Monday. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Citizens & Northern has an average rating of "Reduce" and a consensus price target of $23.50.

View Our Latest Report on Citizens & Northern

About Citizens & Northern

(Get Free Report)

Citizens & Northern Corporation is the bank holding company for Citizens & Northern Bank, a community-oriented financial institution headquartered in Wellsboro, Pennsylvania. Chartered in 1888, the company has cultivated deep roots in north central Pennsylvania and selected counties in upstate New York, offering a broad spectrum of banking services tailored to individuals, families and local businesses.

Through its flagship banking subsidiary, Citizens & Northern provides personal deposit products such as checking and savings accounts, certificates of deposit and money market accounts.