A Director at Plumas Bancorp (NASDAQ: PLBC) is Buying Shares

By Carrie Williams

Yesterday, a Director at Plumas Bancorp (NASDAQ: PLBC), Steven Coldani, bought shares of PLBC for $48.18K.

Following this transaction Steven Coldani’s holding in the company was increased by 19.82% to a total of $384.2K. Following Steven Coldani’s last PLBC Buy transaction on February 21, 2017, the stock climbed by 5.3%.

Based on Plumas Bancorp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $9.34 million and quarterly net profit of $1.14 million. In comparison, last year the company earned revenue of $8.66 million and had a net profit of $2.11 million. The company has a one-year high of $25.75 and a one-year low of $16.20. PLBC’s market cap is $121.8M and the company has a P/E ratio of 15.22.

The insider sentiment on Plumas Bancorp has been positive according to 15 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Steven Coldani’s trades have generated a 36.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Plumas Bancorp is a holding company that provides various banking services through its subsidiary, Plumas Bank. Its services include personal banking, business banking and investment services.