The EVP of Bank Of Marin Bancorp (BMRC) is Selling Shares


Today, the EVP of Bank Of Marin Bancorp (NASDAQ: BMRC), Peter Pelham, sold shares of BMRC for $80.26K.

Following Peter Pelham’s last BMRC Sell transaction on November 28, 2016, the stock climbed by 16.1%. In addition to Peter Pelham, 2 other BMRC executives reported Sell trades in the last month.

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Based on Bank Of Marin Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $24.69 million and quarterly net profit of $6.39 million. In comparison, last year the company earned revenue of $20.15 million and had a net profit of $4.55 million. BMRC’s market cap is $556M and the company has a P/E ratio of 28.93. Currently, Bank Of Marin Bancorp has an average volume of 13.51K.

Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $77.67, reflecting a 3.3% upside.

The insider sentiment on Bank Of Marin Bancorp has been neutral according to 71 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Peter Pelham’s trades have generated a -4.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Bank of Marin Bancorp is a bank holding company. The firm operates through the Bank of Marin, which engages in the provision financial services to customers.

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