A Director at American River Bankshares (NASDAQ: AMRB) is Buying Shares


Today, a Director at American River Bankshares (NASDAQ: AMRB), Philip Wright, bought shares of AMRB for $19.5K.

Following Philip Wright’s last AMRB Buy transaction on August 04, 2011, the stock climbed by 9.6%. This recent transaction increases Philip Wright’s holding in the company by 1.98% to a total of $1.25 million.

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The company has a one-year high of $16.49 and a one-year low of $12.21. AMRB’s market cap is $91.18M and the company has a P/E ratio of 29.25. Currently, American River Bankshares has an average volume of 76.

The insider sentiment on American River Bankshares has been negative according to 26 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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American River Bankshares operates as a bank holding company, which engages in financial services. The company t hrough its subsidiary, provides checking and savings deposits, money market deposit accounts and certificates of deposit, secured and unsecured commercial, secured real estate, installment and term loans, and other customary banking services.

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