Chemung Financial Ownership

CHMG Stock  USD 51.40  0.76  1.50%   
The market capitalization of Chemung Financial Corp is $244.59 Million. 30% of Chemung Financial Corp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
 
Shares in Circulation  
First Issued
2011-03-31
Previous Quarter
M
Current Value
M
Avarage Shares Outstanding
M
Quarterly Volatility
134.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Chemung Financial in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Chemung Financial, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Chemung Financial's Dividend Paid And Capex Coverage Ratio is most likely to increase slightly in the upcoming years. The Chemung Financial's current Net Income Applicable To Common Shares is estimated to increase to about 34.8 M, while Common Stock Shares Outstanding is projected to decrease to roughly 4.6 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Chemung Stock Ownership Analysis

About 42.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.11. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chemung Financial Corp last dividend was issued on the 19th of December 2024. The entity had 2:1 split on the 3rd of June 1998. Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York. Chemung Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 337 people. For more info on Chemung Financial Corp please contact the company at 607 737 3711 or go to https://www.chemungcanal.com.
Besides selling stocks to institutional investors, Chemung Financial also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Chemung Financial's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Chemung Financial's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Chemung Financial Quarterly Liabilities And Stockholders Equity

2.77 Billion

Chemung Financial Insider Trades History

About 11.0% of Chemung Financial Corp are currently held by insiders. Unlike Chemung Financial's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Chemung Financial's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Chemung Financial's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Chemung Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Chemung Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chemung Financial Corp backward and forwards among themselves. Chemung Financial's institutional investor refers to the entity that pools money to purchase Chemung Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Alliancebernstein L.p.2024-06-30
36.3 K
Royce & Associates, Lp2024-09-30
31 K
Northern Trust Corp2024-09-30
26.6 K
Empowered Funds, Llc2024-06-30
20.2 K
Forum Financial Management, Lp2024-06-30
18.9 K
Lsv Asset Management2024-09-30
16.7 K
Modern Wealth Management Llc2024-09-30
15.2 K
Alesco Advisors Llc2024-09-30
13.2 K
Citadel Advisors Llc2024-09-30
13.2 K
Fourthstone Llc2024-06-30
446.4 K
Chemung Canal Trust Co2024-09-30
336.1 K
Note, although Chemung Financial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chemung Financial Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chemung Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chemung Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chemung Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Loren Cole over two weeks ago
Disposition of 1000 shares by Loren Cole of Chemung Financial at 51.21 subject to Rule 16b-3
 
Mckim Dale M. Iii over a month ago
Disposition of tradable shares by Mckim Dale M. Iii of Chemung Financial subject to Rule 16b-3
 
Dalrymple David J over three months ago
Acquisition by Dalrymple David J of 888 shares of Chemung Financial at 45.89 subject to Rule 16b-3
 
Wirth Thomas W over three months ago
Disposition of 764 shares by Wirth Thomas W of Chemung Financial at 44.4 subject to Rule 16b-3
 
Mckim Dale M. Iii over three months ago
Disposition of 184 shares by Mckim Dale M. Iii of Chemung Financial at 45.7 subject to Rule 16b-3
 
Stempin John J over three months ago
Acquisition by Stempin John J of 109 shares of Chemung Financial at 46.14 subject to Rule 16b-3
 
Gonick Denise V over six months ago
Acquisition by Gonick Denise V of 611 shares of Chemung Financial at 45.89 subject to Rule 16b-3
 
Kenefick Jeffrey P. over six months ago
Acquisition by Kenefick Jeffrey P. of 1428 shares of Chemung Financial at 49.05 subject to Rule 16b-3
 
Archibold Raimundo C. Jr over six months ago
Disposition of 425 shares by Archibold Raimundo C. Jr of Chemung Financial at 42.2169 subject to Rule 16b-3
 
Meade Joseph F Iv over six months ago
Acquisition by Meade Joseph F Iv of tradable shares of Chemung Financial at 48.11 subject to Rule 16b-3
 
Thomas Wirth over six months ago
Payment of tradable shares by Thomas Wirth of Chemung Financial subject to Rule 16b-3
 
Thomas Wirth over six months ago
Payment of tradable shares by Thomas Wirth of Chemung Financial subject to Rule 16b-3

Chemung Financial Outstanding Bonds

Chemung Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chemung Financial Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chemung bonds can be classified according to their maturity, which is the date when Chemung Financial Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Chemung Financial Corporate Filings

8K
19th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
10Q
7th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Currently Active Assets on Macroaxis

When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemung Financial. If investors know Chemung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemung Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
1.24
Earnings Share
4.52
Revenue Per Share
19.63
Quarterly Revenue Growth
(0.06)
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.