CNB Financial Corporation - Preferred Stock

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael D Peduzzi. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Michael D Peduzzi has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:CCNE / CNB Financial Corporation President & CEO, Director 41,986
US:MPB / Mid Penn Bancorp, Inc. SEVP/CFO 3,015
US:CVLY / Codorus Valley Bancorp, Inc. Treasurer 2,565
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Michael D Peduzzi. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases CCNEP / CNB Financial Corporation - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CCNEP / CNB Financial Corporation - Preferred Stock. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2024-07-24 CCNE Peduzzi Michael D 100 26.8043 100 26.8043 2,680 105 29.2500 245 9.14
2024-07-24 CCNE Peduzzi Michael D 100 26.8699 100 26.8699 2,687
2024-02-16 CCNE Peduzzi Michael D 350 20.9300 350 20.9300 7,326
2024-02-16 CCNE Peduzzi Michael D 50 21.0000 50 21.0000 1,050
2023-11-01 CCNE Peduzzi Michael D 500 18.2800 500 18.2800 9,140
2023-06-27 CCNE Peduzzi Michael D 5,602 17.8500 5,602 17.8500 99,996
2023-04-21 CCNE Peduzzi Michael D 900 18.0300 900 18.0300 16,227
2023-04-21 CCNE Peduzzi Michael D 100 18.0600 100 18.0600 1,806
2023-03-14 CCNE Peduzzi Michael D 572 20.7000 572 20.7000 11,840
2023-03-14 CCNE Peduzzi Michael D 428 20.6000 428 20.6000 8,817
2023-03-10 CCNE Peduzzi Michael D 1,000 21.6700 1,000 21.6700 21,670
2023-01-25 CCNE Peduzzi Michael D 1,372 23.3000 1,372 23.3000 31,968
2022-09-21 CCNE Peduzzi Michael D 2,128 23.5000 2,128 23.5000 50,008
2022-04-22 CCNE Peduzzi Michael D 2,500 26.7500 2,500 26.7500 66,875
2022-03-03 CCNE Peduzzi Michael D 2,500 26.4100 2,500 26.4100 66,025
2021-09-10 CCNE Peduzzi Michael D 5,000 24.1754 5,000 24.1754 120,877

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CCNEP / CNB Financial Corporation - Preferred Stock Insider Trades
Insider Sales CCNEP / CNB Financial Corporation - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CCNEP / CNB Financial Corporation - Preferred Stock. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

CCNEP / CNB Financial Corporation - Preferred Stock Insider Trades
Insider Purchases MPB / Mid Penn Bancorp, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CCNEP / CNB Financial Corporation - Preferred Stock. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2021-04-30 MPB Peduzzi Michael D 750 25.0000 750 25.0000 18,750 251 33.34 6,255 33.36
2020-09-10 MPB Peduzzi Michael D 500 19.1700 500 19.1700 9,585
2020-03-16 MPB Peduzzi Michael D 400 18.0000 400 18.0000 7,200
2020-03-13 MPB Peduzzi Michael D 800 17.8390 800 17.8390 14,271
2020-03-13 MPB Peduzzi Michael D 100 17.8390 100 17.8390 1,784
2020-03-13 MPB Peduzzi Michael D 100 17.8390 100 17.8390 1,784
2019-02-13 MPB Peduzzi Michael D 100 23.1900 100 23.1900 2,319
2019-02-13 MPB Peduzzi Michael D 100 23.1800 100 23.1800 2,318
2017-05-11 MPB Peduzzi Michael D 250 27.3934 250 27.3934 6,848
2017-05-11 MPB Peduzzi Michael D 100 27.3934 100 27.3934 2,739
2016-08-02 MPB Peduzzi Michael D 2,000 16.9225 2,000 16.9225 33,845
2016-08-02 MPB Peduzzi Michael D 2,000 16.9225 2,000 16.9225 33,845

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MPB / Mid Penn Bancorp, Inc. Insider Trades
Insider Sales MPB / Mid Penn Bancorp, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CCNEP / CNB Financial Corporation - Preferred Stock. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MPB / Mid Penn Bancorp, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Michael D Peduzzi as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-05-15 2025-05-14 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
A - Award 5,928 41,986 16.44 22.83 135,336 958,540
2025-02-24 2025-02-24 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
A - Award 1,189 36,058 3.41 25.30 30,082 912,267
2024-07-24 2024-07-24 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 100 34,869 0.29 26.87 2,687 936,927
2024-07-24 2024-07-24 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 100 34,769 0.29 26.80 2,680 931,959
2024-02-20 2024-02-16 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 50 34,669 0.14 21.00 1,050 728,049
2024-02-20 2024-02-16 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 350 34,619 1.02 20.93 7,326 724,576
2024-02-15 2024-02-13 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
A - Award 7,522 34,269 28.12 19.94 149,989 683,324
2023-11-03 2023-11-01 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 500 26,747 1.90 18.28 9,140 488,935
2023-08-01 2023-06-27 4/A CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 5,602 25,947 27.54 17.85 99,996 463,154
2023-08-01 2023-07-31 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 50 26,247 0.19 19.63 982 515,229
2023-08-01 2023-07-31 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 50 26,197 0.19 19.58 979 512,937
2023-08-01 2023-07-31 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 200 26,147 0.77 19.57 3,914 511,697
2023-06-28 2023-06-27 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
A - Award 5,602 25,947 27.54 217.85 1,220,396 5,652,554
2023-04-21 2023-04-21 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 100 20,345 0.49 18.06 1,806 367,431
2023-04-21 2023-04-21 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 900 20,245 4.65 18.03 16,227 365,017
2023-03-14 2023-03-14 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 428 19,345 2.26 20.60 8,817 398,507
2023-03-14 2023-03-14 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 572 18,917 3.12 20.70 11,840 391,582
2023-03-14 2023-03-10 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 1,000 18,345 5.77 21.67 21,670 397,536
2023-01-25 2023-01-25 4 CCNE CNB FINANCIAL CORP/PA
common stock
P - Purchase 1,372 17,345 8.59 23.30 31,968 404,138
2022-09-21 2022-09-21 4 CCNE CNB FINANCIAL CORP/PA
Common Stock
P - Purchase 2,128 15,973 15.37 23.50 50,008 375,366
2022-04-25 2022-04-22 4 CCNE CNB FINANCIAL CORP/PA
common stock
P - Purchase 2,500 13,845 22.04 26.75 66,875 370,354
2022-03-04 2022-03-03 4 CCNE CNB FINANCIAL CORP/PA
common stock
P - Purchase 2,500 11,345 28.26 26.41 66,025 299,621
2022-02-02 2022-02-01 4 CCNE CNB FINANCIAL CORP/PA
common stock
A - Award 936 8,845 11.83 26.71 25,001 236,250
2021-11-02 2021-11-01 4 CCNE CNB FINANCIAL CORP/PA
common stock
A - Award 2,909 7,909 58.18 25.79 75,023 203,973
2021-09-13 2021-09-10 4 CCNE CNB FINANCIAL CORP/PA
common stock
P - Purchase 5,000 5,000 24.18 120,877 120,877
2021-09-10 3 CCNE CNB FINANCIAL CORP/PA
common stock
0
2021-06-02 2021-06-01 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 703 3,015 30.41
2021-05-03 2021-04-30 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 750 4,388 20.62 25.00 18,750 109,700
2020-12-22 2020-12-22 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 500 5,950 9.17
2020-09-14 2020-09-10 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 500 3,638 15.93 19.17 9,585 69,740
2020-07-27 2020-07-24 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 750 4,950 17.86
2020-03-17 2020-03-16 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 400 2,388 20.12 18.00 7,200 42,984
2020-03-17 2020-03-13 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 100 2,300 4.55 17.84 1,784 41,030
2020-03-17 2020-03-13 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 100 2,300 4.55 17.84 1,784 41,030
2020-03-17 2020-03-13 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 800 1,988 67.34 17.84 14,271 35,464
2019-07-25 2019-07-25 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 750 3,000 33.33
2019-02-14 2019-02-13 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 100 2,350 4.44 23.18 2,318 54,473
2019-02-14 2019-02-13 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 100 2,200 4.76 23.19 2,319 51,018
2018-07-25 2018-07-25 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 750 2,250 50.00
2017-07-25 2017-07-25 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 500 1,500 50.00
2017-05-11 2017-05-11 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 100 2,100 5.00 27.39 2,739 57,526
2017-05-11 2017-05-11 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 250 2,250 12.50 27.39 6,848 61,635
2016-08-03 2016-08-02 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 2,000 2,000 16.92 33,845 33,845
2016-08-03 2016-08-02 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
P - Purchase 2,000 2,000 16.92 33,845 33,845
2016-07-26 2016-07-25 4 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
A - Award 1,000 1,000
2016-03-24 3 MPB MID PENN BANCORP INC
Mid Penn Bancorp, Inc. Common Stock
0
2015-12-17 2015-12-15 4 CVLY CODORUS VALLEY BANCORP INC
Common Stock
P - Purchase 1,000 2,565 63.92 19.75 19,750 50,650
2015-11-19 2015-11-17 4 CVLY CODORUS VALLEY BANCORP INC
Non Qualified Stock Option to Buy
A - Award 5,261 5,261
2015-11-19 2015-11-17 4 CVLY CODORUS VALLEY BANCORP INC
Common Stock
A - Award 1,005 1,538 188.53
2014-12-18 2014-12-16 4 CVLY CODORUS VALLEY BANCORP INC
Incentive Stock Options to Buy
A - Award 1,685 1,685
2014-12-18 2014-12-16 4 CVLY CODORUS VALLEY BANCORP INC
Common Stock
A - Award 520 520
2014-10-09 3 CVLY CODORUS VALLEY BANCORP INC
Common Stock
0
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)