CEO Schweitzer sells 13,933 shares of UVSP at $40.91; retains 110,513 shares post-sale
Jeffrey M Schweitzer, the Chairman, President & CEO of Univest Financial, sold 13,933 shares at $40.91, resulting in a transaction value of $570,014.36. This sale reduces his non-derivative holdings from 124,446 shares to 110,513 shares (an 11.2% reduction in that position). The sale occurred as the stock trades near its 52-week high of $41.16, reflecting strong recent momentum: +6.5% over 30 days and +25.9% over 90 days. Univest's fundamentals remain solid with a P/E of 12.07, recent quarterly net income of $27,092,000, and annual revenue growth of +9.6%, suggesting the business is performing well. The CEO's retention of 110,513 shares indicates continued material personal investment despite the sale.