Reasons for Morgan Gust’s Shares Sale of CoBiz Financial Inc (NASDAQ:COBZ)’s Stock

Reasons for Morgan Gust’s Shares Sale of CoBiz Financial Inc (NASDAQ:COBZ)’s Stock

Morgan Gust Insider Sell TransactionThe director of CoBiz Financial Inc (NASDAQ:COBZ) 11.75 -0.06 -0.51%, Morgan Gust has made an unexpected deal in the Colorado-based Cobiz Financial Inc that is having a total value $11,720 US Dollars. As shown in the U.S. SEC report filed on 12/05/2015, Morgan unloaded 1,000 shares based on an average price per share of $11.7. Right now, Morgan Gust owns 5,050 shares which are equivalent to roughly 0.01% of Cobiz Financial Inc’s total market capitalization.

Cobiz Financial Inc Stock Rating, Sentiment and FundamentalsFor 2015 the company’s equity analysts are projecting $0.76 earnings per share. This would give it a 15.55 PE ratio. They suggest EPS growth rate of not more than 10.00% YOY. It is difficult to make conclusions about Cobiz Financial Inc’s future just from Morgan Gust’s sale because in this filing, the insider also revealed option transactions. In the form, it was reported that Morgan exercised options for 1,000 shares with average price 11.3, worth 11,260.