The EVP of Bank Of Marin Bancorp is Exercising Options


Yesterday it was reported that the EVP of Bank Of Marin Bancorp (BMRC), Peter Pelham, exercised options to sell 8,000 BMRC shares at $11.12 a share, for a total transaction value of $335.3K. The options were close to expired and Peter Pelham disposed stocks.

Following Peter Pelham’s last BMRC Sell transaction on June 04, 2018, the stock climbed by 2.1%.

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Based on Bank Of Marin Bancorp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $28.44 million and quarterly net profit of $9.66 million. In comparison, last year the company earned revenue of $22.64 million and had a net profit of $1.11 million. BMRC’s market cap is $582.2M and the company has a P/E ratio of 18.07. Currently, Bank Of Marin Bancorp has an average volume of 20.76K.

Peter Pelham’s trades have generated a -4.1% 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 company operates through the Bank of Marin, which engages in the provision financial services to customers.

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