The Executive VP & Market Executive of Central Valley Community Bancorp (NASDAQ:CVCY), Anthony Ramos, Just Bought 3,684% More Shares

Potential Central Valley Community Bancorp (NASDAQ:CVCY) shareholders may wish to note that the Executive VP & Market Executive, Anthony Ramos, recently bought US$100k worth of stock, paying US$14.34 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 3,684%, potentially signalling some real optimism.

See our latest analysis for Central Valley Community Bancorp

The Last 12 Months Of Insider Transactions At Central Valley Community Bancorp

In fact, the recent purchase by Anthony Ramos was the biggest purchase of Central Valley Community Bancorp shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is US$15.07. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.

Over the last year, we can see that insiders have bought 32.75k shares worth US$423k. On the other hand they divested 2.00k shares, for US$43k. In total, Central Valley Community Bancorp insiders bought more than they sold over the last year. The average buy price was around US$12.92. It's great to see insiders putting their own cash into the company's stock, albeit at below the recent share price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Central Valley Community Bancorp is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Central Valley Community Bancorp

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Central Valley Community Bancorp insiders own about US$31m worth of shares. That equates to 17% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Central Valley Community Bancorp Insiders?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Central Valley Community Bancorp insiders are well aligned, and that they may think the share price is too low. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 2 warning signs for Central Valley Community Bancorp (1 is concerning!) and we strongly recommend you look at them before investing.

Of course Central Valley Community Bancorp may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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