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.
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