Director Foster Michael Kevin purchases 470 shares; eighth open-market buy in 36 months, but prior buys show conflicting near-term and long-term results.
Foster Michael Kevin, a director at Plumas Bancorp, added to his stake with a purchase of 470 shares, continuing a pattern of open-market buying that has characterized his insider activity over the past three years. The stock is currently trading well below its 52-week high, offering a lower entry point than recent peaks, and the company remains profitable with a reasonable valuation multiple. However, Foster's timing on similar purchases has been mixed: while one of his five prior buys at this ticker showed positive returns in the following month, all five of his prior purchases at Plumas ultimately declined over a longer three-month horizon, suggesting a pattern of buying into weakness that has not yet delivered gains. This current purchase adds momentum to his buying pattern, but investors should recognize that the director's past accumulation at Plumas has not translated into positive returns, raising questions about whether he is buying genuine weakness or simply accumulating at declining valuations.
Director Foster Michael Kevin buys 650 PLBC shares at $41.00 (+27.9% holdings increase); stock down 20.1% from 52-week high.
Foster Michael Kevin, a Director, purchased 650 shares of Plumas Bancorp on 2025-07-31 at $41.00, increasing his holdings from 2,330 to 2,980 shares. This transaction occurred against a backdrop of stock weakness: PLBC is trading at $40.01, down 20.1% from its 52-week high of $50.10 and down 15.8% over the past 30 days. His prior trading history at this ticker shows a pattern of losses: of 5 prior trades at PLBC, measurable outcomes include a 90-day loss of 4.6% on a 2025-02-20 buy, and 30-day losses of 4.4% to 6.2% on two May trades. His broader cross-ticker record across 6 prior buy transactions shows an average 90-day return of -5.0% with a 0.00% win rate. The company's fundamentals are mixed—a P/E of 8.03 and positive net income of $7.2M suggest reasonable valuation, but annual revenue has declined 13.8% year-over-year. This purchase represents a continuation of buying activity in a stock experiencing meaningful price declines without a pattern of recovered positions in his prior transaction history.
Director Foster Michael Kevin bought 749 shares ($31.9K) at blended $42.56; holdings increased 47.4% to 2,330 shares.
Director Foster Michael Kevin purchased 2 separate tranches totaling 749 shares for $31,878.60 on 2025-07-21, raising his stake to 2,330 shares—a 47.4% increase in holdings. The blended purchase price of $42.56 lies near the current price of $42.77 and within the 52-week range of $36.09–$50.10. Notably, across his prior 4 trades at PLBC, the insider's timing has not been favorable: all same-ticker buy transactions posted negative 30-day and 90-day returns, with 0 of 2 measurable prior buys showing positive 90-day outcomes. The company's fundamentals show compression: annual revenue growth declined 13.8% while the P/E ratio stands at 8.59, suggesting either reduced profitability or valuation pressure. The combination of a material increase in share count, repeated historical underperformance of prior purchases at this ticker, and negative revenue momentum warrants monitoring of whether this accumulation reflects confidence in a turnaround or simply mirrors the insider's historical pattern of ill-timed execution.
PLBC Director Foster buys 581 shares for $25,555.90; holdings rise 58.1% to 1,581 shares.
Foster Michael Kevin, a director at Plumas Bancorp, executed 2 separate purchases totaling 581 shares for $25,555.90 at a blended average price of $43.99 on 2025-05-22. This transaction increased his holdings by 58.1%, from 1,000 to 1,581 shares. His prior purchase history at this ticker shows 2 earlier buys on 2025-02-20 that experienced negative 90-day returns of -4.6% and -5.3%; across his entire cross-ticker trading history, his timing has been poor with a 0% win rate and average 90-day returns of -5.0%. The current stock price of $44.07 is -12.0% from its 52-week high of $50.10, though the 30-day change shows +4.0%. The company exhibits weak fundamentals with annual revenue growth of -13.8%, though the P/E of 8.85 may reflect lower valuation relative to earnings.
Director Foster Michael Kevin buys 1,000 shares of PLBC at blended avg $45.68; current price $44.24, down 3.9% in 30 days.
Director Foster Michael Kevin purchased 1,000 shares across 2 separate transactions totaling $45,675.00 at prices of $45.50 and $45.85 on 2025-02-20, establishing an initial position in PLUMAS BANCORP with zero prior holdings. The stock currently trades at $44.24, below the purchase prices, with the stock down 3.9% over 30 days and 6.9% over 90 days despite trading within a 52-week range of $32.51–$50.10. The company trades at a P/E of 9.20 on a market cap of $260,898,011.92, though annual revenue growth stands at -13.8%, which may warrant examination of the operational context underlying this purchase.
