November 28, 2016 - By Adrian Mccoy
The insider, and Bank Of Marin Bancorp’s Executive Vice President, Peter Pelham, sold 4,000 company shares on 28-11-2016, with market value around $262,443 (at $65.6 for each share). Currently, Peter Pelham owns 16,917 shares or 0.29% of the company’s total market capitalization.
Insitutional Activity: The institutional sentiment decreased to 2.16 in Q2 2016. Its down 0.55, from 2.71 in 2016Q1. The ratio fall, 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.
Parkside Bankshares & last reported 0.01% of its portfolio in the stock. Analytic Investors Ltd Liability Co reported 5,468 shares or 0% of all its holdings. Renaissance Tech Ltd Liability holds 106,600 shares or 0.01% of its portfolio. Wells Fargo & Co Mn, a California-based fund reported 8,425 shares. The Pennsylvania-based Brandywine Invest Mgmt Ltd Com has invested 0% in Bank of Marin Bancorp (NASDAQ:BMRC). Alliancebernstein L P accumulated 0% or 4,990 shares. Nationwide Fund Advsr has 9,165 shares for 0% of their US portfolio. State Common Retirement Fund has 6,200 shares for 0% of their US portfolio. Dimensional Fund Advsrs L P has 0% invested in the company for 51,754 shares. Metropolitan Life Insurance New York last reported 4,798 shares in the company. Basswood Capital Ltd Limited Liability Company has invested 0.96% of its portfolio in Bank of Marin Bancorp (NASDAQ:BMRC). Kcm Inv Advsrs Ltd Liability Company accumulated 15,496 shares or 0.05% of the stock. Confluence Invest Management Ltd last reported 44,250 shares in the company. Earnest Prns Ltd Llc accumulated 0% or 300 shares. The Massachusetts-based Anchor Advsrs Ltd Liability Co has invested 0.03% in Bank of Marin Bancorp (NASDAQ:BMRC).
Insider Transactions: Since August 11, 2016, the stock had 0 insider purchases, and 4 selling transactions for $411,535 net activity. Another trade for 1,776 shares valued at $87,010 was made by HELLER H ROBERT on Thursday, August 11. $8,084 worth of Bank of Marin Bancorp (NASDAQ:BMRC) shares were sold by Situ Min. Colombo Russell A also sold $304,800 worth of Bank of Marin Bancorp (NASDAQ:BMRC) on Monday, November 7.
About 10,537 shares traded hands. Bank of Marin Bancorp (NASDAQ:BMRC) has risen 36.96% since April 25, 2016 and is uptrending. It has outperformed by 30.94% the S&P500.
Bank of Marin Bancorp is the holding firm for Bank of Marin (the Bank). The company has a market cap of $397.72 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 17.74 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 EPS, 0.00% or $0.00 from last year’s $0.81 per share. BMRC’s profit will be $4.89M for 20.33 P/E if the $0.81 EPS becomes a reality. After $1.14 actual EPS reported by Bank of Marin Bancorp for the previous quarter, Wall Street now forecasts -28.95% negative EPS growth.
Another recent and important Bank of Marin Bancorp (NASDAQ:BMRC) news was published by Streetinsider.com which published an article titled: “Bank Of Marin Bancorp (BMRC) Tops Q3 EPS Expectations” on October 24, 2016.
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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By Adrian Mccoy