CVB Financial Corp. (NASDAQ:CVBF) saw an insider lower his holdings in the company today. The Executive Vice President and Chief Financial Officer, Richard C. Thomas, disposed of 1,500 shares of common stock at an average price of $15.56 per share. Following this move, Thomas directly holds a total of 31,846 shares.
CVB Financial Corp. (NASDAQ:CVBF) is a $1.61 billion market cap bank holding company of Citizens Business Bank (the Bank). The Company’s primary operations are related to banking activities, including the acceptance of deposits and the lending and investing of money through the operations of the Bank.
In addition, there are multiple hedge funds involved with the company. Peter Muller‘s Pdt Partners lowered its holdings by 3% last quarter, and now holds 121,045 shares worth about $1.9 million; while billionaire Cliff Asness‘ Aqr Capital Management rose its exposure by 19% last quarter, now holding 107,158 shares worth approximately $1.7 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.