Published on 25 Apr 2024 on Simply Wall St. via Yahoo Finance
Over the last year, a good number of insiders have significantly increased their holdings in CVB Financial Corp. (NASDAQ:CVBF). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.