Porter Bancorp, Inc. (NASDAQ:PBIB) insider John Redmon Davis sold 2,300 shares of the firm’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $14.00, for a total transaction of $32,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Porter Bancorp, Inc. (NASDAQ:PBIB) opened at $14.10 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.28. Porter Bancorp, Inc. has a 1-year low of $8.11 and a 1-year high of $15.55. The company has a market cap of $87.01, a PE ratio of 15.11 and a beta of 0.86.
Porter Bancorp (NASDAQ:PBIB) last released its earnings results on Wednesday, January 24th. The financial services provider reported $0.09 EPS for the quarter. Porter Bancorp had a net margin of 90.63% and a return on equity of 18.48%. The firm had revenue of $9.50 million for the quarter.
Separately, ValuEngine lowered shares of Porter Bancorp from a “buy” rating to a “hold” rating in a report on Monday, November 27th.
An institutional investor recently bought a new position in Porter Bancorp stock. Banc Funds Co. LLC purchased a new stake in shares of Porter Bancorp, Inc. (NASDAQ:PBIB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 96,574 shares of the financial services provider’s stock, valued at approximately $1,383,000. Banc Funds Co. LLC owned about 1.54% of Porter Bancorp at the end of the most recent quarter. 9.11% of the stock is owned by institutional investors.
COPYRIGHT VIOLATION WARNING: This article was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/22/porter-bancorp-inc-pbib-insider-john-redmon-davis-sells-2300-shares.html.
Porter Bancorp Company Profile
Porter Bancorp, Inc is a bank holding company. The Company operates through its subsidiary, PBI Bank (the Bank). The Bank is a community bank with a range of commercial and personal banking products. It offers retail and commercial deposit products. It offers drive-in banking facilities, automatic teller machines, night depository, personalized checks, credit cards, debit cards, Internet banking, mobile banking, treasury management services, remote deposit services, electronic funds transfers through automated clearing house services, domestic and foreign wire transfers, cash management, vault services, and loan and deposit sweep accounts.
Receive News & Ratings for Porter Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Porter Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.