The EVP Chief Operations Officer of Cvb Financial Corp. (NASDAQ: CVBF) is Selling Shares

By Carrie Williams

Yesterday, the EVP Chief Operations Officer of Cvb Financial Corp. (NASDAQ: CVBF), David C. Harvey, sold shares of CVBF for $310.4K.

Following David C. Harvey’s last CVBF Sell transaction on October 20, 2016, the stock climbed by 4.2%. In addition to David C. Harvey, one other CVBF executive reported Sell trades in the last month.

The company has a one year high of $21.30 and a one year low of $14.02. CVBF’s market cap is $2.17B and the company has a P/E ratio of 22.4. Currently, Cvb Financial Corp. has an average volume of 1.11M.

The insider sentiment on Cvb Financial Corp. has been positive according to 34 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

CVB Financial Corp. is a bank holding company, which through its subsidiary, Citizens Business Bank, engages in the provision of traditional banking activities, including the acceptance of deposits and the lending and investing of money. The firm also offers trust and investment-related services to customers through its CitizensTrust Division. It operates through the Business Financial and Commercial Banking Centers and Treasury segments. The Business Financial and Commercial Banking Centers segment consists of loans, deposits, and fee generating products and services that the bank offers to its clients and prospects. The Treasury segment manages the investment portfolio of the firm. The company was founded by George Borba on April 27, 1981 and is headquartered in Ontario, CA.