On October 22, 2024, Bj North, Executive Vice President and Chief Banking Officer of Plumas Bancorp (PLBC, Financial), sold 2,496 shares of the company. According to the SEC Filing, the insider now owns 0 shares of Plumas Bancorp.
Plumas Bancorp operates as the bank holding company for Plumas Bank, which provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The bank offers a range of deposit products and loans, as well as investment services.
Over the past year, Bj North has sold a total of 3,632 shares of Plumas Bancorp and has not made any purchases of the stock. The recent transaction reflects a continuation of this selling trend.
The insider transaction history for Plumas Bancorp shows a total of 2 insider buys and 3 insider sells over the past year.
On the date of the recent sale, shares of Plumas Bancorp were trading at $42.55, giving the company a market cap of $250.622 million. The price-earnings ratio of the stock is 8.91, which is lower than the industry median of 10.515.
According to the GF Value, which is an intrinsic value estimate used by GuruFocus, Plumas Bancorp has a price-to-GF-Value ratio of 1.33, indicating that the stock is Significantly Overvalued. The GF Value of $31.89 is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This sale could be of interest to investors tracking insider behaviors as an indicator of the company’s future performance and valuation adjustments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
