CFO Richard L Belstock purchased 300 PLBC shares at $42.70; now holds 47.1K shares. Stock trading -6.3% from 52-week high.
Belstock, EVP and CFO of Plumas Bancorp, purchased 300 shares for $12,810.00 on 2024-10-24 at $42.70 per share, representing a modest 0.6% increase to his 47.1K-share position. The transaction occurred as the stock trades at $42.16, down 6.3% from its 52-week high of $45.00, though recent momentum is flat (down 0.1% over 30 days and down 1.3% over 90 days). The underlying company shows mixed fundamentals: latest quarter revenue was $743.0K with net income of $6.8M, but annual revenue declined 13.8% year-over-year, and the P/E of 8.71 reflects a $248.6M market cap. The small size of the purchase (300 shares, +0.6% of holdings) and modest dollar value ($12.8K) against his existing stake suggest routine portfolio activity rather than a material change in exposure.