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CAPITOL BANCORP LTD Message Board

  • timfromkeene timfromkeene Dec 24, 2009 6:58 AM Flag

    Recent insider trading

    Chairman and CEO of Capitol Bancorp Ltd. (CBC) Joseph D Reid sells 25,000 shares of CBC on 12/22/2009 at an average price of $2.01 a share.

    Capitol Bancorp Ltd. is a multi-bank holding company. The company is a uniquely structured affiliation of small community banks. Each bank, which has only one location, is focused on meeting the banking needs of entrepreneurs, professionals and other individuals seeking individually-tailored service. Each bank has full decision-making authority in making loans and delivery of banking services. Each bank is managed by an on-site president and management team under the direction of its local board of directors comprised of business leaders from that bank's community. Capitol Bancorp Ltd. has a market cap of $35.9 million; its shares were traded at around $2.05 with and P/S ratio of 0.1.

    CBC is in the portfolios of Chuck Royce of ROYCE & ASSOCIATES.


    Directors and Officers Recent Trades:


    Buy:: Director Steven L Maas bought 2,000 shares of CBC stock on 12/01/2009 at the average price of 1.9, the price of the stock has increased by 7.89% since.

    Buy:: Director Steven L Maas bought 5,000 shares of CBC stock on 11/25/2009 at the average price of 2.08, the price of the stock has decreased by 1.44% since.

    Buy:: President, GL Region John C Smythe bought 300 shares of CBC stock on 11/03/2009 at the average price of 2.07, the price of the stock has decreased by 0.97% since.

    Buy:: Director Myrl D Nofziger bought 1,500 shares of CBC stock on 11/02/2009 at the average price of 2.1, the price of the stock has decreased by 2.38% since.

    Buy:: Director Steven L Maas bought 3,000 shares of CBC stock on 10/28/2009 at the average price of 2.3, the price of the stock has decreased by 10.87% since.

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