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Insider Trading November 13, 2026 02:46 PM

CNB Financial CEO Peduzzi Adds 500 Shares in Open-Market Purchase

The president and CEO bought $17,817 worth of stock as shares trade near $35.60, with the bank holding a 2.13% dividend yield.

By Avery Klein
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CCNE

Michael D. Peduzzi, President and CEO of CNB Financial Corp/PA (NASDAQ:CCNE), purchased 500 shares of common stock on November 13, 2026, at prices between $35.63 and $35.65, for a total of $17,817. The direct purchase raises his direct holdings to 56,918 shares. He also indirectly holds 3,738.709 shares through a 401K plan. The insider buy comes as CCNE shares have gained 38.7% year-to-date and 46.2% over the past year, with a P/E of 10.58 and a PEG of 0.3. CNB Financial has paid dividends for 33 consecutive years and currently yields 2.13%. In third-quarter 2026 results, revenue of $87.79 million slightly beat the $87.5 million estimate, while earnings per share of $0.82 missed the $0.88 consensus. Year-to-date diluted earnings reached a record $2.69 per share for the first nine months of 2026.

CNB Financial CEO Peduzzi Adds 500 Shares in Open-Market Purchase
CCNE
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Key Points

  • CEO Michael D. Peduzzi bought 500 CCNE shares at $35.63-$35.65 on November 13, 2026, for $17,817, lifting his direct stake to 56,918 shares; he also holds 3,738.709 shares indirectly through a 401K.
  • CCNE stock has returned 38.7% year-to-date and 46.2% over the past year, with a P/E of 10.58 and PEG of 0.3, while the company has paid dividends for 33 straight years at a 2.13% yield.
  • Third-quarter 2026 revenue of $87.79 million edged past the $87.5 million estimate, but EPS of $0.82 missed the $0.88 consensus; year-to-date diluted EPS reached a record $2.69.

Michael D. Peduzzi, President and CEO of CNB Financial Corp/PA (NASDAQ:CCNE), acquired 500 shares of the company's common stock in a transaction dated November 13, 2026, according to a regulatory filing. The purchase was valued at $17,817, with per-share prices ranging from $35.63 to $35.65.

Following the open-market buy, Peduzzi directly holds 56,918 shares of CNB Financial common stock. In addition to his direct position, he indirectly owns 3,738.709 shares through a 401K plan, an amount that has been adjusted to reflect the latest 401K plan statement.

The insider purchase arrives as CCNE shares have posted strong returns. The stock is up 38.7% year-to-date and 46.2% over the past year. It currently trades at a price-to-earnings ratio of 10.58 and a PEG ratio of 0.3. An analysis of fair value suggests the shares are slightly overvalued relative to that estimate.

CNB Financial has maintained dividend payments for 33 consecutive years and currently offers a 2.13% yield. The combination of a long dividend history and a low PEG ratio may be relevant for income-oriented investors assessing the stock.

In other recent news, CNB Financial reported third-quarter 2026 financial results. Revenue for the quarter reached $87.79 million, slightly exceeding Wall Street's expectation of $87.5 million. Earnings per share, however, came in at $0.82, below the $0.88 that analysts had projected. Despite the earnings miss, the company posted record year-to-date earnings of $2.69 per diluted share for the first nine months of 2026.

The results highlight the company's ability to generate strong revenue even as it navigates challenges in meeting earnings expectations. These developments are relevant for investors evaluating CNB Financial's financial health and future prospects, and they may influence analysts' future assessments and recommendations regarding the stock.

For investors seeking deeper insights, additional analysis includes multiple professional tips and a detailed research report covering CCNE alongside more than 1,400 other US equities.

CNB Financial shares were recently quoted at $35.53, down $0.11 or 0.32%, in real-time trading data denominated in USD.

Risks

  • Earnings per share of $0.82 fell short of the $0.88 analyst estimate, which could weigh on future analyst assessments and recommendations for the stock.
  • An analysis of fair value suggests CCNE shares are slightly overvalued relative to that estimate, even after strong year-to-date and one-year returns.
  • The article does not provide forward guidance or management commentary, leaving uncertainty about how the revenue beat and earnings miss will affect the bank's outlook.

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