Central Valley Community Bancorp (CVCY) was Downgraded by Keefe Bruyette to ” Mkt Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Jul 22, 2016.
Central Valley Community Bancorp closed down -0.03 points or -0.20% at $14.64 with 14,488 shares getting traded on Wednesday. Post opening the session at $14.66, the shares hit an intraday low of $14.02 and an intraday high of $14.75 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Jun 10, 2016, James M Ford (CEO) purchased 1,000 shares at $12.94 per share price. According to the SEC, on Feb 24, 2016, David A Kinross (EXECUTIVE VICE PRESIDENT) sold 8,375 shares at $12.00 per share price. On Nov 4, 2015, Sidney B Cox (director) sold 60 shares at $11.25 per share price, according to the Form-4 filing with the securities and exchange commission.
Central Valley Community Bancorp is a bank holding company which operates through its wholly owned subsidiary Central Valley Community Bank (the Bank). The Company’s principal business is to provide through its banking subsidiary financial services in its primary market area in California. The Company serves seven contiguous counties in California’s central valley including Fresno County Madera County Merced County Sacramento County San Joaquin County Stanislaus County and Tulare County and their surrounding areas through the Bank. The Bank conducts a commercial banking business which includes accepting demand savings and time deposits and making commercial real estate and consumer loans. It also provides domestic and international wire transfer. All real estate related transactions are conducted and processed through the Real Estate Division including interim construction loans for single family residences and commercial buildings.