Potential Pacific Mercantile Bancorp (NASDAQ:PMBC) shareholders may wish to note that the CEO, President & Director...
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.
Even if it's not a huge purchase, we think it was good to see that Bradford Dinsmore, the CEO, President & Director of...
Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Denis P. Kalscheur as Chairman of the Board of Directors of Pacific Mercantile Bancorp and the Bank. Mr. Kalscheur succeeds Edward J. Carpenter, who retired from the Company’s Board of Directors after having served as Chairman since 2012.
Low-cost index funds make it easy to achieve average market returns. But in any diversified portfolio of stocks...
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.
If you own shares in Pacific Mercantile Bancorp (NASDAQ:PMBC) then it's worth thinking about how it contributes to the...
[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.
First Quarter Summary Net loss of $2.4 million, or $(0.10) per fully diluted shareTotal new loan commitments of $52.5 million and loan fundings of $33.3 millionTotal.
Fourth Quarter Summary Net income of $440 thousand, or $0.02 per fully diluted shareTotal new loan commitments of $61.5 million and loan fundings of $45.0 millionTotal loans.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
COSTA MESA, Calif., Jan. 28, 2020 -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary,.
For the second time within a month, Brand Velocity Partners (BVP), the private equity firm building its reputation on adding brand marketing muscle to support the growth of consumer-related companies, today announces it has acquired an industry leader.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has been awarded a Top Workplaces 2019 honor by The Orange County Register. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.
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,.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a credit facility to Mako Steel. The credit facility supplements the recent investment in Mako Steel made by New State Capital Partners, as well as provides for ongoing working capital needs. In addition to the financing, Mako Steel utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.
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.
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.
Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Manish Dutta to the board of directors of both Pacific Mercantile Bancorp and Pacific Mercantile Bank. Mr. Dutta has over 22 years of experience in the investment management industry, with a focus on business operations, technology, strategic planning and implementing complex and scalable solutions. Mr. Dutta is the Co‑Founder and Chief Executive Officer of Alpha Ledger Technologies, a company which leverages distributed ledger technology to connect all people to fundamental positive impact municipal investment opportunities that strengthen communities and improve quality of life.