Univest Financial Director Sells 13,000 Shares After Q1 Earnings Beat
A Univest Financial director sold 13,000 shares at $37.80 each, trimming holdings to 17,004 shares following the annual shareholder meeting with 86.77% turnout. The company reported Q1 earnings of $0.96 per share and revenues of $87.45 million, exceeding forecasts by over 14% and 3.4% respectively.
1. Insider Transaction Details
On April 27, a Univest Financial director sold 13,000 shares of common stock at $37.80 apiece, reducing their stake to 17,004 shares shortly after the annual shareholder meeting.
2. First-Quarter Financial Results
In Q1 2026, the company delivered earnings of $0.96 per share on revenues of $87.45 million, representing a 14% upside to earnings expectations and a 3.4% revenue beat, up from $0.77 EPS and $79.20 million in the prior year.
3. Annual Shareholder Meeting
The shareholder meeting on April 23 re-elected four directors and approved KPMG as auditor, with 86.77% of outstanding shares represented, reflecting strong investor engagement.
4. Trading Range and Market Cap
Shares have fluctuated between $27.91 and $38.71 over the past year, trading around $37.87 currently, and the company’s market capitalization stands at approximately $1.06 billion.