Michael Kevin Foster Acquires 470 Shares of Plumas Bancorp (NASDAQ:PLBC) Stock

Posted by Francis Steltz on May 14th, 2026

Plumas Bancorp (NASDAQ:PLBC – Get Free Report) Director Michael Kevin Foster bought 470 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average cost of $51.25 per share, with a total value of $24,087.50. Following the completion of the purchase, the director owned 3,450 shares in the company, valued at approximately $176,812.50. This represents a 15.77% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Plumas Bancorp Stock Performance

NASDAQ PLBC opened at $51.19 on Thursday. Plumas Bancorp has a 1-year low of $39.70 and a 1-year high of $54.58. The company has a market capitalization of $356.69 million, a P/E ratio of 10.85 and a beta of 0.61. The business has a 50 day moving average price of $50.29 and a 200 day moving average price of $47.60. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.85 and a quick ratio of 0.85.

Plumas Bancorp (NASDAQ:PLBC – Get Free Report) last released its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.07. Plumas Bancorp had a return on equity of 15.16% and a net margin of 26.67%.The firm had revenue of $28.14 million during the quarter, compared to the consensus estimate of $27.24 million. Sell-side analysts expect that Plumas Bancorp will post 5.64 EPS for the current fiscal year.

Plumas Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, May 1st. Plumas Bancorp’s dividend payout ratio (DPR) is presently 27.97%.

Analyst Ratings Changes

Several equities analysts recently weighed in on PLBC shares. Piper Sandler raised their price objective on Plumas Bancorp from $59.00 to $63.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Wall Street Zen raised Plumas Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Stephens raised their price objective on Plumas Bancorp from $57.00 to $60.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Plumas Bancorp in a research note on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $57.67.

Check Out Our Latest Stock Analysis on Plumas Bancorp

Hedge Funds Weigh In On Plumas Bancorp

Several hedge funds have recently bought and sold shares of PLBC. Jane Street Group LLC purchased a new position in Plumas Bancorp during the first quarter worth $255,000. Acadian Asset Management LLC purchased a new position in Plumas Bancorp during the first quarter worth $78,000. The Manufacturers Life Insurance Company increased its position in Plumas Bancorp by 3.8% during the second quarter. The Manufacturers Life Insurance Company now owns 180,291 shares of the financial services provider’s stock worth $8,016,000 after buying an additional 6,637 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Plumas Bancorp by 623.9% during the second quarter. Tower Research Capital LLC TRC now owns 1,636 shares of the financial services provider’s stock worth $73,000 after buying an additional 1,410 shares in the last quarter. Finally, CWM LLC increased its position in Plumas Bancorp by 408.9% during the third quarter. CWM LLC now owns 1,089 shares of the financial services provider’s stock worth $47,000 after buying an additional 875 shares in the last quarter. Hedge funds and other institutional investors own 41.68% of the company’s stock.

Plumas Bancorp Company Profile

(Get Free Report)

Plumas Bancorp (NASDAQ:PLBC) is a bank holding company headquartered in Quincy, California, and the parent of Plumas Bank. The company focuses on community banking, delivering personalized financial solutions to individuals, families, small businesses and agricultural clients. Through its subsidiary, Plumas Bank offers a comprehensive range of deposit and lending products designed to meet the unique needs of customers in Northern California’s rural and semi-rural markets.

Plumas Bank’s product lineup includes checking and savings accounts, money market funds and certificates of deposit, alongside a variety of consumer lending options such as residential mortgages, home equity lines of credit and installment loans.