Bj North Sells 6,400 Shares of Plumas Bancorp (NASDAQ:PLBC) Stock

Plumas Bancorp (NASDAQ:PLBC) EVP Bj North sold 6,400 shares of Plumas Bancorp stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $24.84, for a total value of $158,976.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

PLBC traded down $0.14 on Friday, hitting $24.11. The company had a trading volume of 300 shares, compared to its average volume of 3,994. Plumas Bancorp has a 1-year low of $20.51 and a 1-year high of $28.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $124.46 million, a P/E ratio of 8.69 and a beta of 0.28.

Plumas Bancorp (NASDAQ:PLBC) last posted its earnings results on Tuesday, April 16th. The financial services provider reported $0.73 earnings per share for the quarter. Plumas Bancorp had a return on equity of 22.23% and a net margin of 32.54%. The firm had revenue of $11.35 million during the quarter.

The business also recently announced a Semi-Annual dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st were issued a $0.23 dividend. This is a positive change from Plumas Bancorp’s previous Semi-Annual dividend of $0.18. This represents a yield of 1.79%. The ex-dividend date of this dividend was Tuesday, April 30th.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC lifted its holdings in Plumas Bancorp by 14.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 3,663 shares of the financial services provider’s stock worth $83,000 after purchasing an additional 454 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Plumas Bancorp by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 36,481 shares of the financial services provider’s stock worth $831,000 after purchasing an additional 852 shares during the last quarter. BlackRock Inc. lifted its holdings in Plumas Bancorp by 14.6% in the 1st quarter. BlackRock Inc. now owns 15,832 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 2,023 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Plumas Bancorp by 24.5% during the fourth quarter. Deutsche Bank AG now owns 10,709 shares of the financial services provider’s stock worth $243,000 after buying an additional 2,105 shares during the last quarter. Finally, Context BH Capital Management LP lifted its holdings in shares of Plumas Bancorp by 8.4% during the fourth quarter. Context BH Capital Management LP now owns 56,974 shares of the financial services provider’s stock worth $1,294,000 after buying an additional 4,438 shares during the last quarter. Hedge funds and other institutional investors own 21.72% of the company’s stock.

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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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