Plumas Bancorp (PLBC) Director Buys $48,180.00 in Stock

Plumas Bancorp (NASDAQ:PLBC) Director Steven M. Coldani purchased 2,000 shares of Plumas Bancorp stock in a transaction that occurred on Thursday, February 8th. The shares were acquired at an average price of $24.09 per share, with a total value of $48,180.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Plumas Bancorp (NASDAQ PLBC) traded up $0.55 during mid-day trading on Wednesday, reaching $24.05. 1,025 shares of the company’s stock traded hands, compared to its average volume of 5,175. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $123.03, a P/E ratio of 15.22 and a beta of 0.41. Plumas Bancorp has a 1 year low of $16.20 and a 1 year high of $25.75.

Plumas Bancorp (NASDAQ:PLBC) last released its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.49 earnings per share for the quarter. Plumas Bancorp had a net margin of 22.00% and a return on equity of 18.09%. The company had revenue of $9.07 million during the quarter.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP bought a new stake in shares of Plumas Bancorp in the third quarter worth $257,000. Bank of New York Mellon Corp grew its stake in shares of Plumas Bancorp by 28.4% in the third quarter. Bank of New York Mellon Corp now owns 14,519 shares of the financial services provider’s stock worth $303,000 after purchasing an additional 3,209 shares during the last quarter. Context BH Capital Management LP grew its stake in shares of Plumas Bancorp by 6.0% in the third quarter. Context BH Capital Management LP now owns 44,214 shares of the financial services provider’s stock worth $924,000 after purchasing an additional 2,500 shares during the last quarter. Maltese Capital Management LLC grew its stake in shares of Plumas Bancorp by 41.3% in the third quarter. Maltese Capital Management LLC now owns 55,000 shares of the financial services provider’s stock worth $1,150,000 after purchasing an additional 16,065 shares during the last quarter. Finally, Vanguard Group Inc. bought a new stake in shares of Plumas Bancorp in the second quarter worth $1,387,000. 16.99% of the stock is currently owned by hedge funds and other institutional investors.

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About Plumas Bancorp

Plumas Bancorp is a bank holding company. The Company’s primary subsidiary is Plumas Bank. The Bank is a California state-chartered bank. The Federal Deposit Insurance Corporation (the FDIC) up to maximum insurable amounts insures the Bank’s deposit accounts. The Bank operates through its approximately 10 branch networks.

Insider Buying and Selling by Quarter for Plumas Bancorp (NASDAQ:PLBC)

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