Civista Bancshares, Inc. (CIVB): Allen R Nickles , director of Civista Bancshares, Inc. purchased 275 shares on May 24, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.50 per share for a total value of $3,162.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 24, 2016, Dennis E Jr Murray (director) purchased 700 shares at $11.63 per share price.On May 23, 2016, Allen R Nickles (director) purchased 225 shares at $11.60 per share price.Also, On Dec 15, 2015, Gerald B Wurm (other) sold 1,825 shares at $10.84 per share price.On Sep 23, 2015, Margaret A Murray (other) purchased 10,722 shares at $9.68 per share price.
Civista Bancshares Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Civista Bancshares Inc which led to swings in the share price. The shares opened for trading at $11.6 and hit $11.97 on the upside , eventually ending the session at $11.6, with a gain of 0.44% or 0.0507 points. The heightened volatility saw the trading volume jump to 1,361 shares. The 52-week high of the share price is $13.65 and the company has a market cap of $91 M . The 52-week low of the share price is at $9.68.
Company has been under the radar of several Street Analysts.Civista Bancshares Inc is Upgraded by Hovde Group to Outperform and the brokerage firm has raised the Price Target to $ 12.50 from a previous price target of $11.75 .Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Apr 25, 2016.
Civista Bancshares Inc. formerly First Citizens Banc Corp is a financial holding company. The Company through the subsidiary bank The Citizens Banking Company (Citizens) is primarily engaged in the business of community banking. Citizens located in Erie Crawford Champaign Franklin Logan Summit Huron Ottawa and Richland Counties Ohio conducts a general banking business that involves collecting customer deposits making loans purchasing securities and offering Trust services. Its subsidiaries include First Citizens Insurance Agency Inc. Water Street Properties First Citizens Investments Inc. FC Refund Solutions Inc. and First Citizens Capital LLC. The Company focuses its lending activities on real estate loans both residential and commercial in nature. Its securities are classified as available-for-sale securities. Its range of deposits includes non-interest-bearing demand deposits interest-bearing demand deposits savings account and market deposit accounts.