|Bid||7.10 x 800|
|Ask||7.14 x 1400|
|Day's Range||7.09 - 7.21|
|52 Week Range||6.76 - 8.91|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||17.77|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.88|
Low-cost index funds make it easy to achieve average market returns. But in any diversified portfolio of stocks...
COSTA MESA, Calif., Nov. 01, 2019 -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary,.
Third Quarter Summary Net income of $1.63 million, or $0.07 per fully diluted shareTotal new loan commitments of $121.0 million and loan fundings of $94.5 million.
Based in Irvine, SCS is a media and creative agency that powers brand performance. Founded in 2016 through the merger of Schiefer Media and ChopShop, SCS brings media, content and creative together in a nimble, data-first offering designed for the new speed of consumer business today. By combining 30+ years of integrated media research, planning, buying, and analysis with the expert storytelling of a brash, independent content production company, SCS brings a powerful approach to modern marketing. Inspired by the creative culture of Southern California, SCS uses insights, creativity, technology and reach to help some of the best brands in the world perform.
[Editor's Note: This article is updated each week with the latest insider purchasing. Check back regularly to see who's making moves.]An insider is a person who has access to confidential information about a company. And when I'm analyzing a company as a potential long-term investment, I always like to know what the insiders are doing. They have a much better idea of what is happening in the company than most analysts. When there is insider buying after the price of the stock has recently dropped, it could be a bullish signal.Over the years, there have been numerous examples of insiders using this information to profit at the expense of uninformed investors. For example, suppose an insider knows that news is about to be released that will make the stock price go up. They can buy it from a shareholder who doesn't have access to the news at a cheaper price then benefit from the gains.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBecause of these abuses, the SEC has established rules and procedures to prevent this type of activity. When an insider wants to buy or sell their company's stock, they have to file a form with the SEC. This is public information, and it can lead to investment ideas.There are numerous reasons why an insider of a company may need to sell their stock. They may need to raise money for things such as tuition or to buy a home. However, there is only one reason why an insider would buy their company's stock -- they believe that it is undervalued and they will make money. * 7 Stocks to Buy Under $10 These seven stocks have had significant insider buying recently and could be worth a look. Stocks With Insider Buying: Church & Dwight (CHD)Church & Dwight (NYSE:CHD) manufactures and sells household, personal care and specialty products.CHD stock has been under pressure recently. Well-known short seller Ben Axler of Spruce Point Capital Management said that the company engages is "extreme financial engineering, aggressive accounting and material self-enrichment practices." That sounds pretty bad.Matthew Farrell is the president and CEO of Church & Dwight. Apparently he disagrees with this assessment. He must believe that the stock will soon recover because he just made a significant personal investment of $500,000. He bought 7,000 shares at $71.32. Liberty TripAdvisor Holdings (LTRPA)Liberty TripAdvisor Holdings (NASDAQ:LTRPA) engages in online travel research and online commerce business.Over the past year, the price of LTRPA has fallen dramatically. Last November it traded as high as $20. Now it is trading below $10. Wall Street is neutral on the company. Only two firms follow it, and they each have hold ratings on it. * 30 Marijuana Stocks to Buy as the Future Turns Green Gregory Maffei has been an officer of Liberty for five years. He is the chairman, president and CEO of the company. He must feel that the stock is a great value at current levels, because he just invested $160,000 when he paid $10.38 a share for over 15,000 shares. Pacific Mercantile Bancorp (PMBC)Pacific Mercantile Bancorp (NASDAQ:PMBC) operates as a holding company that provides a range of commercial banking and services to small- and medium-sized businesses.After making a significant drop in price from last September through December, PMBC stock has been volatile but it has basically traded sideways.The Board of Directors just announced that they have appointed Brad Dinsmore as the president and CEO of the company. From 2011 to 2017, Dinsmore was executive vice president of SunTrust Banks.He must have a lot of confidence that he will be able to take actions that will cause the price of the stock to rise. He recently paid $7.98 for 28,000 shares. This is an investment of almost $225,000. Pennsylvania Real Estate Investment Trust (PEI)Pennsylvania Real Estate Investment Trust (NYSE:PEI) is a publicly traded REIT that owns and manages quality properties in compelling markets.PEI stock has sold off significantly over the past year. Last August it was trading around $11 a share. It is currently trading around the $5.50 level.Wall Street does not like this stock. Seven firms follow it. The average rating in underweight and the average price target is $5.25, which is below where it is currently trading. * 7 Triple-'F' Rated Stocks to Leave on the Shelf Leonard Korman is a director of PEI. Apparently he believes that the stock will turn around because he just paid $5.29 for 30,000 shares. In August he also bought 30,000 shares as well. His total investment was about $300,000. There was also buying by other insiders as well. Aldeyra Therapeutics (ALDX)Aldeyra Therapeutics (NASDAQ:ALDX) is a biotechnology company that develops and commercializes medicines for immune-mediated ocular and systemic diseases.ALDX stock has lost over 50% of its value in the past year. This isn't surprising because the company loses a lot of money. Last quarter it reported losses of $13 million and in the prior quarter the loss was more than $15 million.Todd Brady, the president and CEO of Aldeyra, invested roughly $85,000 into the company on Sept. 18, buying 14.288 shares at $5.91 per share. In addition, on Sept. 9 and Sept. 10 he paid an average of $5.14 for 20,000 shares. This was a $100,000 investment. Sarepta Therapeutics (SRPT)Sarepta Therapeutics (NASDAQ:SRPT) focuses of the discovery and development of medicines for rare diseases.Over the past two months, the price of SRPT stock has lost 50% of its value. It dropped from levels around $160 to current levels around $80.This is primarily due to the fact that the company received some disappointing news from the FDA. First, one of their drugs that is in a clinical trial caused serious side effects. Second, another drug has to be delayed beyond when it was supposed to hit the market. * 8 Dividend Stocks to Buy for a Recession Richard Barry is a director of the company. He must believe that this selling has created a buying opportunity. He just invested almost $290,000 when he bought 3,309 shares at $87.49. Lexicon Pharmaceuticals (LXRX)Lexicon Pharmaceuticals (NASDAQ:LXRX) is a biopharmaceutical company that develops and sells pharmaceutical products.The price of LXRX stock had been trending lower for almost a year. Then at the end of July it reported that its partnership with Sanofi (NASDAQ:SNY) had terminated the partnership and plunged from $6 to $2.The insiders of the company must believe that this selling was overdone because they have been making significant purchases of the stock.Lonnel Coats is the president and CEO of Lexicon Pharmaceuticals. He invested over $300,000 in the stock when he acquired 100,000 shares for an average price of around $3.11. Raymond Debbane is a director of the company. He just made an investment of about $700,000 when he bought about 290,000 shares. There have been purchases by other insiders as well.At the time of this writing Mark Putrino did not hold any positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy Under $10 * 30 Marijuana Stocks to Buy as the Future Turns Green * 7 Consumer Stocks Ready to Rally Hard The post 7 Stocks the Insiders Are Buying on Sale appeared first on InvestorPlace.
Operating out of the Los Angeles area, Delicate Productions is an award-winning provider of professional audio, lighting and video services. For 40 years, Delicate Productions has brought unparalleled technical knowledge and service to clients in the concert, festival, touring, live and corporate event industries. The company’s extensive inventory of cutting-edge audio, lighting, and multimedia video technologies, paired with the experience of the industry’s top technicians, engineers and production designers, provides its clients with the Delicate Productions difference: events that are visually striking, masterfully engineered, and flawlessly executed.
Founded in 2001, RoadEx provides logistics services including asset-based port drayage, interstate shipment deliveries, warehousing, and domestic and export consolidation. Through its network of partnerships with large carriers, RoadEx is able to offer customers cost-effective means for interstate shipment deliveries. Whether RoadEx delivers with its own fleet or with its partners, RoadEx offers the right regional and interstate delivery solutions.
COSTA MESA, Calif., Sept. 12, 2019 -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $5.3 million credit facility to 3LB Restaurant Concepts (“3LB”) to restructure the company’s existing debt and support its continued expansion. Founded in 2007, 3LB Restaurant Concepts operates six restaurants and two craft breweries in North San Diego County including Urge American Gastropub, Urge Common House, and Mason Ale Works. Having initially started with a wine bar and bistro concept, 3LB’s success has led to the opening of a gastropub concept, a gourmet deli, a high quality coffee concept, a small commercial bakery and a brewery with many more plans for the future.
COSTA MESA, Calif., Aug. 29, 2019 -- Pacific Mercantile Bancorp (Nasdaq: PMBC) (the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $10.0 million credit facility to Mercury GSE. Based in Santa Fe Springs, Mercury GSE handles ground support equipment rentals worldwide for the aviation industry.
COSTA MESA, Calif., July 26, 2019 -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary,.
Second Quarter Summary Net income of $2.7 million, or $0.12 per fully diluted shareTotal new loan commitments of $83.7 million and loan fundings of $52.7 millionTotal loans.
COSTA MESA, Calif., June 27, 2019 -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has.
Based in Vernon, CA, Culinary International makes delicious and authentic Mexican foods for the co-manufacturing & private label market. The company is built on long-standing partnerships with many of the leading national Mexican food brands and retailers in the United States. For decades, Culinary International’s products have been sold at major grocery chains, club stores, and convenience stores across the country. “Through our new state-of-the art facility in Vernon, we have been able to expand our capabilities and provide services covering the entire co-manufacturing cycle – from ideation to manufacturing to national distribution,” said Cesar Rodarte, Chief Financial Officer of Culinary International. “The credit facility from Pacific Mercantile Bank will support the addition of new business lines and the expansion of our facilities. We were impressed with Pacific Mercantile Bank’s knowledgeable bankers and their Horizon Analytics® tool, which gave us powerful insight into the future of our business.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a multi-million dollar credit facility to Performance Inflatables Company. Performance Inflatables provides world class inflatable solutions for all environments: from subsea, to space, and everywhere in between. Through state-of-the-art engineering, innovative manufacturing techniques, and partnership with its customers, Performance Inflatables provides the right engineered inflatable solutions that deliver safety and security in the toughest conditions at an accessible price. For over 30 years, Performance Inflatables companies have provided safe and reliable products that can endure the harshest conditions for military, commercial, and consumer applications.
Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the election of Shannon F. Eusey and Michele S. Miyakawa to the board of directors of Pacific Mercantile Bancorp at the Company’s annual of meeting of shareholders on May 15, 2019. Ms. Eusey and Ms. Miyakawa are new additions to the Company’s board of directors and will also serve on the board of directors of Pacific Mercantile Bank.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided $5.9 million in financing to RedRock Security & Cabling, Inc. (“RedRock”). Headquartered in Irvine, RedRock Security & Cabling is a leader in low voltage technology integration. Founded in 2002, RedRock has completed more than 7,000 projects within the commercial, industrial, residential, hospitality, government and data center markets. RedRock has built a strong reputation as a valuable partner to a diverse roster of clients continually integrating new solutions on the latest IT friendly products, including Tesla, Google Fiber, and The Irvine Company.
COSTA MESA, Calif., May 02, 2019 -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary,.
Headquartered in San Diego, Survival Systems International, Inc. is an innovative lifeboat manufacturing company that provides offshore operators with the equipment, the instruction and the knowledge to achieve a safe evacuation when an emergency occurs on an offshore installation.
The bank, based in Costa Mesa, California, said it had earnings of 4 cents per share. The bank holding company posted revenue of $17.7 million in the period. Its revenue net of interest expense was $13.5 ...
First Quarter Summary Net income of $882 thousand, or $0.04 per fully diluted share$3.3 million provision for loan and lease losses during the three months ended March 31,.
Pacific Mercantile Bancorp, through its subsidiary, is engaged in the commercial banking business in Southern California. Warning! GuruFocus has detected 3 Warning Signs with GBL. For the last quarter Pacific Mercantile Bancorp reported a revenue of $13.9 million, compared with the revenue of $12.28 million during the same period a year ago.
"As a Bank focused on 'Helping Companies Succeed,' we sought an innovative fintech partner to help us customize a loan structure aimed at solving a cash-flow challenge for an important client," said Thomas J. Inserra, Pacific Mercantile Bank's Chief Credit Officer. "P2Binvestor is dedicated to providing flexible, scalable financing to up-and-coming businesses across the country.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided financing to EMU Films, a UK film production company whose recent films include Dirty God which made its critically acclaimed debut at the 2019 Sundance Film Festival. EMU Films was referred to Pacific Mercantile Bank by LipSync Post Limited, an internationally recognized post-house, providing post-production services to the film and television industry for more than 30 years.