Citizens & Northern Corp director Katherine Shattuck buys $1,869 in stock

Katherine W. Shattuck, a director at Citizens & Northern Corp (NASDAQ:CZNC), recently acquired 88 shares of the company’s common stock. The purchase, made on February 7, 2025, was executed at a price of $21.24 per share, totaling approximately $1,869. This transaction was conducted under a pre-arranged trading plan that became effective on May 1, 2024. Following this acquisition, Shattuck’s direct ownership in the bank stands at 7,575 shares. The stock has shown strong momentum, delivering a 20% return over the past six months. InvestingPro subscribers can access additional insights and 5 more ProTips about CZNC’s financial health and valuation metrics.

In other recent news, Citizens & Northern has been maintained at a Neutral rating by Piper Sandler, with a consistent price target of $22.00. The firm’s analysis suggests that the market has appropriately valued the company’s shares, projecting an approximate 7% upside to the stated target. The stock is expected to trade at roughly 12 times its estimated 2025 earnings per share (EPS) of $1.83, a valuation in line with market multiples of similar profitability profiles, according to Piper Sandler.

The investment firm’s methodology anticipates Citizens & Northern’s shares will trade at about 145% of its tangible book value per share (TBVPS) within a year. Piper Sandler’s rating is influenced by the company’s current valuation relative to its peers, concluding no compelling reason to adjust the rating or price target based on available financial metrics and market performance. These recent developments reflect Piper Sandler’s view that Citizens & Northern is fairly priced given its current financial state and market position.

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