Pacific Mercantile Bancorp PMBC:NASDAQ

Last Price$3.90NASDAQ Previous Close - Last Trade as of 4:00PM ET 6/05/20

Today's Change+0.20(5.41%)
Bid (Size)$3.90 (4)
Ask (Size)$8.00 (3)
Day Low / High$3.77 - 3.97
Volume142.2 K

Insider Trends: Insider Purchase of Pacific Mercantile Bancorp Stock Extends 90-Day Positive Trend

9:28PM ET 3/11/2020 MT Newswires
James F. Deutsch, Director, purchased 24,000 shares in Pacific Mercantile Bancorp (PMBC) for $122,582 on Mar 10, 2020. Deutsch, following the transactions delineated in the Form 4 SEC filing, indirectly controls 2,193,208 company shares, with a market value, based on the prior-day closing price, of $12.2 million.

During the most recent 90-day period, previous to the date of this filing, there have been 19 insider transactions reported to the SEC for Pacific Mercantile Bancorp. These transactions came from the activities of 16 different insiders that resulted in a net acquisition of 42,582 company shares. Relative to the preceding 90-day window of time, there were 4 transactions from 3 insiders and resulted in the net acquisition of 28,424 shares.

This level of insider transactions is below that of the peer group average in the 212-company Corporate Banks peer group over the last 90-day period. Peer group activity averaged 85.9 transactions per company, and disposition of 1,203 shares on average.

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