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CVB Financial Corp. (CVBF) President & CEO Christopher D Myers sells 25,000 Shares

September 17, 2010 | About:
insider

insider

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President & CEO of CVB Financial Corp. (CVBF) Christopher D Myers sells 25,000 shares of CVBF on 09/17/2010 at an average price of $7.22 a share.

Cvb Financial Corp. has a market cap of $772.7 million; its shares were traded at around $7.26 with a P/E ratio of 15.4 and P/S ratio of 1.9. The dividend yield of Cvb Financial Corp. stocks is 4.7%. Cvb Financial Corp. had an annual average earning growth of 9.5% over the past 10 years. GuruFocus rated Cvb Financial Corp. the business predictability rank of 3-star.

CVBF is in the portfolios of Richard Aster Jr of Meridian Fund, Columbia Wanger of Columbia Wanger Asset Management, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors.

This is the annual revenues and earnings per share of CVBF over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of CVBF.


CEO Recent Trades:


  • Sell: President & CEO Christopher D Myers sold 5,500 shares of CVBF stock on 08/02/2010 at the average price of 10.35. Christopher D Myers owns at least 314,500 shares after this. The price of the stock has decreased by 29.86% since.


CFO Recent Trades:


  • Sell: CFO Holding Company Edward Jr Biebrich sold 10,000 shares of CVBF stock on 04/26/2010 at the average price of 11.51. Edward Jr Biebrich owns at least 64,430 shares after this. The price of the stock has decreased by 36.92% since.

  • Sell: CFO Holding Company Edward Jr Biebrich sold 3,000 shares of CVBF stock on 03/24/2010 at the average price of 10.53. Edward Jr Biebrich owns at least 74,430 shares after this. The price of the stock has decreased by 31.05% since.



This is the insider trade history vs. stock price of CVBF. For the complete insider trading history of CVBF, click here.




Directors and Officers Recent Trades:


  • Buy: EVP COO David C Harvey bought 2,000 shares of CVBF stock on 08/11/2010 at the average price of 7.97. David C Harvey owns at least 2,000 shares after this. The price of the stock has decreased by 8.91% since.

  • Sell: EVP Citizens Trust Chris A Walters sold 165 shares of CVBF stock on 08/05/2010 at the average price of 10.28. Chris A Walters owns at least 2,335 shares after this. The price of the stock has decreased by 29.38% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 3.0/5 (2 votes)

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