Middlefield Banc Corp (NASDAQ:MBCN) Director William A. Et Al Valerian sold 400 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $49.56, for a total value of $19,824.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Middlefield Banc Corp (NASDAQ:MBCN) traded up $0.40 during mid-day trading on Tuesday, hitting $49.90. The stock had a trading volume of 3,500 shares, compared to its average volume of 3,398. Middlefield Banc Corp has a one year low of $39.40 and a one year high of $54.60. The firm has a market capitalization of $159.28, a price-to-earnings ratio of 16.39 and a beta of 0.17. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.33.
Several hedge funds have recently modified their holdings of MBCN. Schwab Charles Investment Management Inc. acquired a new position in shares of Middlefield Banc during the second quarter worth approximately $237,000. Bank of New York Mellon Corp acquired a new position in shares of Middlefield Banc during the second quarter worth approximately $393,000. Wells Fargo & Company MN lifted its holdings in shares of Middlefield Banc by 0.3% during the second quarter. Wells Fargo & Company MN now owns 2,926 shares of the bank’s stock worth $148,000 after buying an additional 10 shares during the last quarter. Teachers Advisors LLC acquired a new position in shares of Middlefield Banc during the second quarter worth approximately $230,000. Finally, TIAA CREF Investment Management LLC acquired a new position in shares of Middlefield Banc during the second quarter worth approximately $347,000. Institutional investors own 26.53% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “William A. Et Al Valerian Sells 400 Shares of Middlefield Banc Corp (MBCN) Stock” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/13/william-a-et-al-valerian-sells-400-shares-of-middlefield-banc-corp-mbcn-stock.html.
About Middlefield Banc
Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.
Receive News & Ratings for Middlefield Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Middlefield Banc and related companies with MarketBeat.com's FREE daily email newsletter.