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

Plumas Bancorp (NASDAQ:PLBC) Director Steven M. Coldani bought 2,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were purchased at an average cost of $24.09 per share, with a total value of $48,180.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Plumas Bancorp (PLBC) traded up $0.55 during trading on Wednesday, reaching $24.05. 1,025 shares of the company were exchanged, compared to its average volume of 5,175. Plumas Bancorp has a 1 year low of $16.20 and a 1 year high of $25.75. The firm has a market cap of $123.03, a PE ratio of 15.22 and a beta of 0.41. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.19.

Plumas Bancorp (NASDAQ:PLBC) last announced its earnings results on Tuesday, January 23rd. The financial services provider reported $0.49 earnings per share (EPS) 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 for the quarter.

Several hedge funds have recently made changes to their positions in PLBC. Dimensional Fund Advisors LP acquired a new position in shares of Plumas Bancorp during the 3rd quarter valued at about $257,000. Bank of New York Mellon Corp boosted its position in shares of Plumas Bancorp by 28.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 14,519 shares of the financial services provider’s stock valued at $303,000 after acquiring an additional 3,209 shares during the last quarter. Context BH Capital Management LP boosted its position in shares of Plumas Bancorp by 6.0% during the 3rd quarter. Context BH Capital Management LP now owns 44,214 shares of the financial services provider’s stock valued at $924,000 after acquiring an additional 2,500 shares during the last quarter. Maltese Capital Management LLC boosted its position in shares of Plumas Bancorp by 41.3% during the 3rd quarter. Maltese Capital Management LLC now owns 55,000 shares of the financial services provider’s stock valued at $1,150,000 after acquiring an additional 16,065 shares during the last quarter. Finally, Vanguard Group Inc. acquired a new position in shares of Plumas Bancorp during the 2nd quarter valued at about $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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