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Sign InCommunity Trust & Investment Company has significantly strengthened its position in Community Trust Bancorp, Inc. (CTBI) by acquiring an additional 122,541 shares. The transaction is valued at approximately $7.45 million, calculated based on quarterly average price levels. By the end of the quarter, the total position value saw an impressive increase of $15.74 million, driven by both the new share accumulation and organic price appreciation. This substantial institutional buying often signals internal confidence in the firm's valuation and underlying financial health. Market observers view this move as a bullish indicator for the banking sector equity, providing potential price support. The increase highlights a strategic commitment to CTBI's long-term performance within the investment firm's portfolio.