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Pacific Mercantile Bancorp (NASDAQ:PMBC) Insider Maxwell Sinclair acquired 1,000 shares of the stock on the open market in a transaction dated Tuesday, May 6th. The stock was purchased at an average cost of $6.47 per share, with a total value of $6,470.00. Following the completion of the purchase, the insider now directly owns 1,500 shares in the company, valued at approximately $9,705. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Pacific Mercantile Bancorp (NASDAQ:PMBC) traded up 1.23% on Thursday, hitting $6.58. The stock had a trading volume of 305 shares. Pacific Mercantile Bancorp has a one year low of $5.06 and a one year high of $6.89. The stock’s 50-day moving average is $6.38 and its 200-day moving average is $6.25. The company’s market cap is $126.5 million.

Pacific Mercantile Bancorp is the holding company for Pacific Mercantile Bank (NASDAQ:PMBC).

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