Plumas Bancorp (NASDAQ:PLBC) EVP Bj North sold 6,400 shares of the firm’s stock in a transaction on Friday, May 17th. The stock was sold at an average price of $24.84, for a total transaction of $158,976.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Plumas Bancorp stock opened at $25.13 on Thursday. The firm has a market capitalization of $129.61 million, a P/E ratio of 9.05 and a beta of 0.20. Plumas Bancorp has a 1-year low of $20.51 and a 1-year high of $28.50. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.14.
Plumas Bancorp (NASDAQ:PLBC) last released its earnings results on Tuesday, April 16th. The financial services provider reported $0.73 earnings per share for the quarter. The business had revenue of $11.35 million during the quarter. Plumas Bancorp had a net margin of 32.54% and a return on equity of 22.23%.
Institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in shares of Plumas Bancorp by 17.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 29,324 shares of the financial services provider’s stock valued at $729,000 after acquiring an additional 4,353 shares during the period. O Shaughnessy Asset Management LLC bought a new position in shares of Plumas Bancorp in the 4th quarter valued at about $73,000. Context BH Capital Management LP grew its position in shares of Plumas Bancorp by 8.4% in the 4th quarter. Context BH Capital Management LP now owns 56,974 shares of the financial services provider’s stock valued at $1,294,000 after acquiring an additional 4,438 shares during the period. BlackRock Inc. grew its position in shares of Plumas Bancorp by 189.1% in the 4th quarter. BlackRock Inc. now owns 13,809 shares of the financial services provider’s stock valued at $314,000 after acquiring an additional 9,033 shares during the period. Finally, Deutsche Bank AG grew its position in shares of Plumas Bancorp by 24.5% in the 4th quarter. Deutsche Bank AG now owns 10,709 shares of the financial services provider’s stock valued at $243,000 after acquiring an additional 2,105 shares during the period. 21.31% of the stock is owned by institutional investors.
Plumas Bancorp Company Profile
Plumas Bancorp operates as the holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company offers various deposit products, such as checking, interest-bearing checking, public funds and business sweep, savings, and retirement accounts, as well as time and remote deposits.
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