An Insider at Civista Bancshares Inc (CIVB) is Buying Shares


Today, an Insider at Civista Bancshares Inc (NASDAQ: CIVB), Harry Singer, bought shares of CIVB for $4,784.

Following Harry Singer’s last CIVB Buy transaction on December 04, 2014, the stock climbed by 14.2%. Following this transaction Harry Singer’s holding in the company was increased by 2.33% to a total of $209.3K.

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Based on Civista Bancshares Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $20.55 million and quarterly net profit of $3.01 million. In comparison, last year the company earned revenue of $18.33 million and had a net profit of $3.6 million. CIVB’s market cap is $257M and the company has a P/E ratio of 17.01. Currently, Civista Bancshares Inc has an average volume of 1,729.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $28.50, reflecting a 20.0% upside.

Harry Singer’s trades have generated a 10.7% 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 business of community banking. The company’s general banking business, which involves in collecting customer deposits, making loans, purchasing securities, and offering trust services.

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