The SVP of Civista Bancshares (NASDAQ: CIVB) is Buying Shares

By Carrie Williams

Yesterday, the SVP of Civista Bancshares (CIVBResearch Report), John Betts, bought shares of CIVB for $9,993.

This recent transaction increases John Betts’ holding in the company by 83.31% to a total of $132.5K.

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Based on Civista Bancshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $29.45 million and quarterly net profit of $7.71 million. In comparison, last year the company earned revenue of $21.17 million and had a GAAP net loss of $3.43 million. The company has a one-year high of $23.19 and a one-year low of $15.55. Currently, Civista Bancshares has an average volume of 35.37K.

In the last 30 days, insiders have sold $3,128 worth of CIVB shares and purchased $9,993 worth of CIVB shares.

John Betts’ trades have generated a 35.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Civista Bancshares, Inc. is a financial holding company that engages in the community banking business. It provides financial services through its offices in the Ohio counties of Erie, Crawford, Champaign, Franklin, Logan, Summit, Huron, Ottawa, Madison, Union and Richland.