Insider Deal: Gerald Ritzert Unloaded 12,200 Shares of Northwest Bancshares, Inc. (NWBI); Cobiz Financial (COBZ) Shorts Up By 6.8%

Cobiz Financial Incorporated (NASDAQ:COBZ) had an increase of 6.8% in short interest. COBZ’s SI was 986,600 shares in February as released by FINRA. Its up 6.8% from 923,800 shares previously. With 118,000 avg volume, 8 days are for Cobiz Financial Incorporated (NASDAQ:COBZ)’s short sellers to cover COBZ’s short positions. The SI to Cobiz Financial Incorporated’s float is 2.67%. The stock decreased 2.02% or $0.39 during the last trading session, reaching $18.92. About 35,398 shares traded. CoBiz Financial Inc. (NASDAQ:COBZ) has risen 31.61% since February 8, 2017 and is uptrending. It has outperformed by 14.91% the S&P500.

Gerald Ritzert, an insider of Northwest Bancshares Inc, currently EVP Finance and Controller a few days ago disclosed a sale with the Security and Exchange Commission. As disclosed in the public form, Gerald Ritzert made a sale of 12,200 shares of the Pennsylvania-based Northwest Bancshares Inc, priced at $16.6 per share. $202,056 U.S. Dollars was the sale’s value. The SEC document’s date was 08/02/2018. Mr. Gerald now owns 56,232 shares, accounting for 0.05% of the Company’s stock market capitalization.

Investors sentiment decreased to 1.5 in 2017 Q3. Its down 0.27, from 1.77 in 2017Q2. It dropped, as 6 investors sold CoBiz Financial Inc. shares while 26 reduced holdings. 14 funds opened positions while 34 raised stakes. 33.18 million shares or 1.10% more from 32.82 million shares in 2017Q2 were reported. State Board Of Administration Of Florida Retirement Sys has invested 0% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ). 617,958 are owned by Elizabeth Park Advsrs. Rhumbline Advisers has invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Citadel Advsrs Ltd Liability Corporation, Illinois-based fund reported 50,591 shares. First Republic Inv Mngmt has 10,000 shares. Ftb Advsr reported 0% stake. Stifel Fincl Corporation holds 0.02% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ) for 240,673 shares. Schwab Charles Invest Management invested 0% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ). Us Natl Bank De holds 0% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ) for 2,817 shares. Pub Employees Retirement Association Of Colorado accumulated 0% or 16,938 shares. Hartford holds 174,445 shares or 0.06% of its portfolio. Royal Fincl Bank Of Canada reported 0% stake. Dimensional Fund Advsr L P owns 1.90 million shares. Credit Suisse Ag reported 0% in CoBiz Financial Inc. (NASDAQ:COBZ). State Street Corp has 0% invested in CoBiz Financial Inc. (NASDAQ:COBZ).

CoBiz Financial Inc., a diversified financial services company, provides various financial services and products in the United States. The company has market cap of $782.56 million. It operates through Commercial Banking and Fee-Based Lines divisions. It has a 24.26 P/E ratio. The Commercial Banking segment offers commercial, real estate, and private banking services; and treasury management, interest-rate hedging, and depository products.

Among 7 analysts covering CoBiz Financial Inc (NASDAQ:COBZ), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. CoBiz Financial Inc had 15 analyst reports since July 20, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, February 16 report. Keefe Bruyette & Woods maintained the shares of COBZ in report on Tuesday, October 3 with “Buy” rating. The firm earned “Hold” rating on Monday, August 31 by Zacks. As per Monday, October 19, the company rating was maintained by Macquarie Research. The company was upgraded on Monday, August 17 by Zacks. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, July 21. Sandler O’Neill maintained it with “Buy” rating and $24.0 target in Monday, January 29 report. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm has “Market Perform” rating given on Monday, April 25 by Hovde Group. Keefe Bruyette & Woods maintained the shares of COBZ in report on Friday, October 20 with “Buy” rating.

Since August 8, 2017, it had 0 insider purchases, and 7 insider sales for $944,926 activity. $207,683 worth of stock was sold by DALTON RICHARD J on Tuesday, October 24. 2,335 shares valued at $49,012 were sold by ANDRICH LYNE B on Friday, October 27. BANGERT STEVEN sold $140,960 worth of stock. $10,405 worth of CoBiz Financial Inc. (NASDAQ:COBZ) was sold by DUMLAO TROY on Monday, October 23. Huss Christopher S sold $104,250 worth of CoBiz Financial Inc. (NASDAQ:COBZ) on Monday, October 23. $358,978 worth of CoBiz Financial Inc. (NASDAQ:COBZ) was sold by OSTERTAG ROBERT. Another trade for 5,307 shares valued at $110,598 was sold by Page Scott.

The stock decreased 1.43% or $0.24 during the last trading session, reaching $16.54. About 265,300 shares traded. Northwest Bancshares, Inc. (NASDAQ:NWBI) has risen 6.88% since February 8, 2017 and is uptrending. It has underperformed by 9.82% the S&P500.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.20, from 1.06 in 2017Q2. It dived, as 12 investors sold Northwest Bancshares, Inc. shares while 59 reduced holdings. 18 funds opened positions while 43 raised stakes. 65.40 million shares or 1.94% less from 66.69 million shares in 2017Q2 were reported. Brandywine Global Inv Management Limited Liability Co holds 0.04% or 348,390 shares. Moreover, Louisiana State Employees Retirement has 0.03% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 41,500 shares. Acadian Asset Ltd Com has invested 0.05% in Northwest Bancshares, Inc. (NASDAQ:NWBI). Hancock Comm holds 0.06% in Northwest Bancshares, Inc. (NASDAQ:NWBI) or 86,415 shares. Moreover, Pinebridge Invs L P has 0.07% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 174,317 shares. Moreover, Aperio Group Incorporated Ltd Liability Corporation has 0% invested in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 42,358 shares. Qci Asset Management holds 0% or 800 shares in its portfolio. First Advsrs Lp reported 1.64 million shares or 0.07% of all its holdings. Nationwide Fund Advsr reported 67,360 shares. Quantbot Technology L P accumulated 0% or 2,142 shares. Wesbanco Bancorp accumulated 10,379 shares. Citigroup Incorporated reported 0% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI). Minerva Advsrs invested 0.67% in Northwest Bancshares, Inc. (NASDAQ:NWBI). State Common Retirement Fund holds 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI) or 101,000 shares. Sandy Spring Bank & Trust holds 0.01% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 4,500 shares.

Since September 14, 2017, it had 1 insider buy, and 4 insider sales for $664,003 activity. 6,047 shares were sold by Scalise Jonathan P, worth $104,076 on Thursday, October 26. Another trade for 9,592 shares valued at $158,913 was sold by Ritzert Gerald J. $90,996 worth of stock was sold by Young Andrew on Thursday, September 14. 1,000 shares valued at $16,144 were bought by Meegan John P on Tuesday, February 6.