- A director at Univest Financial Corp. sold 13,000 shares of common stock for $37.80 each, reducing their holdings to 17,004 shares.
- This insider transaction occurred shortly after the company’s annual shareholder meeting, which saw high investor participation with 86.77% of outstanding shares represented.
- The company reported strong first-quarter 2026 earnings of $0.96 per share and revenues of $87.45 million, both surpassing analyst expectations.
Univest Financial Corp. (NASDAQ: UVSP) is a financial services company that provides banking, insurance, and investment solutions. The company is in the spotlight after a director, Paquin Natalye, sold 13,000 shares of common stock on April 27, 2026. The shares were sold at a price of $37.80 each, leaving the director with 17,004 shares.
This insider transaction occurred shortly after the company’s annual shareholder meeting on April 23. As highlighted by Defense World, shareholders voted to re-elect four directors and approved the company’s choice of KPMG as its auditor. The meeting showed high investor involvement, with approximately 86.77% of outstanding shares represented.
The sale also follows a period of strong financial performance for Univest Financial Corp. As reported by Zacks, the company announced first-quarter 2026 earnings of $0.96 per share. This result is a positive surprise of over 14%, beating the Zacks Consensus Estimate of $0.84 and improving on the $0.77 per share from the same period a year ago.
In addition to strong earnings, Univest Financial Corp.’s revenues for the quarter ending in March 2026 were $87.45 million. This figure surpassed analyst expectations by 3.43% and represents an increase from the $79.20 million in revenue reported in the year-ago quarter. This marks the second time in the last four quarters that Univest Financial Corp. has beaten both earnings and revenue estimates.
The stock is currently trading at $37.87, very close to the director’s sale price. Over the past year, Univest Financial Corp. has traded between a low of $27.91 and a high of $38.71. The company has a current market capitalization, which is the total value of all its shares, of approximately $1.06 billion.
