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.
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