Insider Exclusive: Why Min Situ Sold 122 Stock of Bank of Marin Bancorp (NASDAQ:BMRC)?

November 25, 2016 - By Richard Conner

Insider Exclusive: Why Min Situ Sold 122 Stock of Bank of Marin Bancorp (NASDAQ:BMRC)?

Min Situ Insider Sell

The insider, and Bank Of Marin Bancorp’s Principal Accounting Officer, Min Situ, unloaded 122 company shares on November 25, 2016, with a total value of about $8,084 (at $66.3 per share). In the last 30 days, he also sold 178 shares worth about $11,641 USD. At present, Min Situ owns 2,306 shares which are about 0.04% of the company’s total market cap.

Insitutional Activity: The institutional sentiment decreased to 2.16 in Q2 2016. Its down 0.55, from 2.71 in 2016Q1. The ratio dived, as 5 funds sold all Bank of Marin Bancorp shares owned while 12 reduced positions. 11 funds bought stakes while 35 increased positions. They now own 2.35 million shares or 3.45% less from 2.43 million shares in 2016Q1.

Intl Group holds 3,435 shares or 0% of its portfolio. Main Street Rech Limited Liability Company holds 0.06% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC) for 5,783 shares. Da Davidson And Com last reported 0% of its portfolio in the stock. Grandeur Peak Glob Advsr Limited holds 2,575 shares or 0.03% of its portfolio. Moreover, Panagora Asset Mngmt has 0.01% invested in Bank of Marin Bancorp (NASDAQ:BMRC) for 48,047 shares. California State Teachers Retirement reported 12,454 shares or 0% of all its holdings. Moreover, Basswood Capital Mngmt Limited Liability Company has 0.96% invested in Bank of Marin Bancorp (NASDAQ:BMRC) for 342,477 shares. Invesco reported 14,845 shares or 0% of all its holdings. Geode Cap Mngmt Limited Liability Corp last reported 35,258 shares in the company. Deutsche Bancorp Ag reported 30,737 shares or 0% of all its holdings. The New York-based Metropolitan Life Ins has invested 0% in Bank of Marin Bancorp (NASDAQ:BMRC). Bank Of New York Mellon Corp has 22,433 shares for 0% of their US portfolio. Federated Invsts Pa has invested 0% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC). Rhumbline Advisers has invested 0% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC). California Public Employees Retirement Systems last reported 24,900 shares in the company.

Insider Transactions: Since August 11, 2016, the stock had 0 insider buys, and 3 sales for $403,451 net activity. Situ Min sold $11,641 worth of Bank of Marin Bancorp (NASDAQ:BMRC) on Tuesday, November 22. Another trade for 6,000 shares valued at $304,800 was sold by Colombo Russell A. HELLER H ROBERT also sold $87,010 worth of Bank of Marin Bancorp (NASDAQ:BMRC) on Thursday, August 11.

The stock decreased 0.15% or $0.1 during the last trading session, hitting $67. About 3,615 shares traded hands. Bank of Marin Bancorp (NASDAQ:BMRC) has risen 38.07% since April 22, 2016 and is uptrending. It has outperformed by 32.66% the S&P500.

Bank of Marin Bancorp is the holding firm for Bank of Marin (the Bank). The company has a market cap of $420.92 million. The Company’s customer base is made up of business and personal banking relationships from the communities near the branch office locations. It has a 18.27 P/E ratio. The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations.

According to Zacks Investment Research, “Bank of Marin is a California State chartered bank.”

Analysts await Bank of Marin Bancorp (NASDAQ:BMRC) to report earnings on January, 23. They expect $0.81 earnings per share, 0.00% or $0.00 from last year’s $0.81 per share. BMRC’s profit will be $5.09M for 20.68 P/E if the $0.81 EPS becomes a reality. After $1.14 actual earnings per share reported by Bank of Marin Bancorp for the previous quarter, Wall Street now forecasts -28.95% negative EPS growth.

BMRC Company Profile

Bank of Marin Bancorp (Bancorp), incorporated on March 2, 2007, is the holding firm for Bank of Marin (the Bank). The Company’s customer base is made up of business and personal banking relationships from the communities near the branch office locations. The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Firm operates through approximately 20 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties, with a focus on supporting the local communities. It makes international banking services available to its clients indirectly through other financial institutions, with whom it has correspondent banking relationships.

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