Univest Financial Director Sells $491K in Shares Following Strong Q1 Results

Natalye Paquin, a director at Univest Financial Corporation (NASDAQ: UVSP), sold 13,000 shares of common stock on April 27, 2026. The open-market transaction was executed at a weighted average price of $37.80 per share, totaling approximately $491,000, according to an SEC Form 4 filing. The divestment occurred shortly after the company released its first-quarter 2026 financial results on April 22. Univest reported a robust quarter, with net income reaching $27.1 million and diluted earnings per share (EPS) of $0.96, representing a 21% increase compared to the same period in 2025. The company's performance outperformed market expectations, with revenue beating forecasts by 4.3% and EPS exceeding analyst estimates by 16%. Consequently, the stock saw a gain of over 8% throughout the month of April. Management has signaled continued optimism, raising its full-year net interest income growth guidance to a range of 5% to 7%, up from the previous guidance of 4% to 6%. Loan growth is projected to remain steady between 2% and 3%. Univest continues to return value to shareholders, having repurchased over 350,000 shares during the quarter, with 2 million shares still available for buybacks under its current plan. Additionally, the company increased its quarterly dividend to $0.23 per share, a 4.5% rise from May 2025. Despite potential Federal Reserve rate cuts later this year, CFO Brian Richardson indicated that such moves would not be a material factor in the company's current financial guidance.