Pacific Mercantile Bancorp PMBC:NASDAQ

Last Price$8.26NASDAQ Closing Price as of 4:00PM ET 9/19/19

Today's Change-0.08(0.96%)
Bid (Size)N/A (N/A)
Ask (Size)N/A (N/A)
Day Low / High$8.25 - 8.37
Volume22.0 K

Insider Trends: Pacific Merchantile Bancorp Insider Disposition Interrupting 90-Day Buy Trend

4:22PM ET 2/04/2019 MT Newswires
Dr John Thomas, Director, reported a sale of 17,500 shares in Pacific Merchantile Bancorp (PMBC) on Jan 31, 2019, for $137,393. Dr Thomas, following the transactions outlined in the Form 4 SEC filing, owns 73,184 shares of company stock, with a market value, based on the prior-day closing price, of $581,813.

During the most recent 90-day period, prior to the date of this filing, there has been one additional insider transaction which has resulted in the acquisition of 20,000 of company shares. In the preceding 90-day window of time, there were 7 transactions from 5 insiders and resulted in the net disposition of 7,384,773 shares.

This is a lower level of transactions than the peer group average in the 212-company Corporate Banks peer group over the last 90-day period. Peer group activity averaged 55.0 transactions per company, and disposition of 1,214 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1109546/000156218019000726/xslF345X03/primarydocument.xml