John Vaccaro Buys Community Financial System, Inc. Shares
Vaccaro purchases 321 shares of Community Financial System, Inc. on June 18, 2026.
Key Points
- John Vaccaro bought 321 shares of Community Financial System, Inc. at $61.24 per share on June 18, 2026, for a total of $19,658.04.
- Community Financial System, Inc. has a market cap of approximately $3.22 billion, a P/E ratio of 14.86, and trades near $61.24.
- Recent insider activity includes Michele Sullivan's purchase of 406 shares, while Deresa Fischer sold and bought shares on June 10, 2026.
On June 18, 2026, John Vaccaro purchased 321 shares of Community Financial System, Inc. (NYSE:CBU) at a price of $61.24 per share. This transaction was valued at $19,658.04 and was not part of a pre-planned trading program.
Insider Buying and Selling at Community Financial System, Inc.
In addition to John Vaccaro's purchase, Michele Sullivan also bought 406 shares on the same day. Meanwhile, Deresa Fischer, the SVP and Chief Accounting Officer, had multiple transactions on June 10, 2026. Fischer sold 1,623 shares at an undisclosed price and 1,326 shares at $64.77, but also acquired 1,623 shares at $46.209.
Other Institutional Activity in Community Financial System, Inc.
Among institutional investors, BlackRock, Inc. reduced its holdings by 27,698 shares, leaving it with 7,513,822 shares worth about $440.69 million. Neuberger Berman Group LLC also cut its position by 97,020 shares, resulting in 3,715,425 shares valued at $217.91 million. On the other hand, State Street Corp increased its stake by 23,090 shares, ending with 3,150,340 shares valued at $186.20 million. FMR LLC notably boosted its holdings by 1,345,655 shares, bringing its total to 3,026,372 shares worth approximately $177.50 million.
Community Financial System, Inc. Stock Snapshot
Shares of Community Financial System, Inc. are trading near $61.24, with a market cap of about $3.22 billion. The company has a P/E ratio of 14.86 and a forward P/E of 11.38, indicating potential earnings growth. Its beta is 0.797, suggesting lower volatility compared to the market. The stock's 52-week range is between $51.12 and $67.50, with moving averages of $63.12 (50-day) and $60.31 (200-day).
Analysts Set New Price Targets
Piper Sandler maintained a 'hold' rating on Community Financial System, Inc. with a price target of $66.00 on April 30, 2026. Additionally, DA Davidson initiated coverage with a 'hold' rating and a $72.00 target on February 25, 2026. The consensus target price is $68.50, based on six analyst opinions.
About Community Financial System, Inc.
Community Financial System, Inc., headquartered in Syracuse, New York, operates as the bank holding company for Community Bank, N.A. It offers a range of financial services, including banking, employee benefits, insurance, and wealth management. The company serves retail, commercial, institutional, and governmental clients, and is led by CEO Mr. Dimitar A. Karaivanov with approximately 2,853 employees.
Bottom Line
John Vaccaro's recent purchase of shares in Community Financial System, Inc. highlights insider confidence in the company. Investors often track such transactions for potential insights. However, it's crucial to remember that insider trades are one of many factors to consider in evaluating a stock's potential.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
