Neutral Insider Activity Observed
Officer Richard L. Belstock executed a trade involving 1,000 shares of PLBC at a price of $41.21 per share, with a total trade value of $0.00, likely due to non-cash compensation or an administrative adjustment. Given the negative returns over the past 30, 60, and 90 days, this trade does not clearly signal a bullish sentiment.
Insider Profile Summary for Belstock Richard L
Company: Plumas Bancorp
Ticker: PLBC
Position: Officer
Belstock Richard L has engaged in insider trading activities, with a recent purchase of 1,000 shares at a price of $41.21 on August 18, 2025. As of the current price of $41.29, this trade has yielded a marginal profit. However, assessing the broader picture, the price returns over different periods show a declining trend, with a 30-day return of -1.62%, a 60-day return similarly at -1.62%, and a significant 90-day return of -9.53%. This indicates that while the immediate trade is slightly profitable, the longer-term performance has been negative.
Performance Metrics:
- Number of Profitable Trades: 1 (based on the immediate outcome of the recent trade)
- Win Rate: Given the limited data, the win rate is currently at 100% for the recent trade, but historical data is required for a comprehensive win rate.
- Behavior Trend: Buying
Belstock Richard L appears to have a buying trend, with the recent activity being a purchase. The current analysis does not indicate any cluster trading activity, as no additional insider trades from other officers or directors around the same period are noted. Additionally, there is no information regarding recent trades from the CEO or CFO, suggesting limited coordinated insider trading activity.
For a more thorough analysis, further historical trading records and broader insider trading activities within the company would provide better insights into Belstock Richard L's trading behavior and effectiveness.
To evaluate the performance of previous trades by insider Belstock Richard L, we need to look at how the stock price moved after each of his purchases, specifically at the 1-day, 3-day, 7-day, 14-day, 30-day, 60-day, 90-day, 180-day, and 1-year marks. Given that data for these specific intervals is not provided in your message, we can only analyze the provided returns for 30, 60, and 90 days after the purchase.
Here is a breakdown of the available data:
- 30-day Return: -1.62%
- 60-day Return: -1.62%
- 90-day Return: -9.53%
To calculate the average return, we sum up these returns and divide by the number of intervals (3 in this case):
\[
\text{Average Return} = \frac{(-1.62) + (-1.62) + (-9.53)}{3} = \frac{-12.77}{3} = -4.26\%
\]
Average Holding Time
Although holding time is not explicitly provided, we can infer it based on the provided intervals. In the context of insider trades, the analysis often focuses on short-term intervals (1 day to 1 year), but without specific data on when the shares were sold or further market conditions, we can only assume a generic short-term to medium-term holding strategy.
Profitability Analysis
Given the negative average return of -4.26% over the observed intervals (30, 60, and 90 days), we can infer that the trades were not consistently profitable for the periods analyzed. The stock underperformed during these intervals.
Trade Size Comparison
The current trade involves purchasing 1,000 shares at a price of $41.21 per share, totaling $41,210. To determine how this compares in size to previous trades, we would need additional historical trade data (number of shares and transaction amounts). Nonetheless, based on this single transaction, it appears to be a moderately sized trade for an insider, assuming no historical data suggests otherwise.
Overall, without more detailed historical data on all previous trades (including specific returns for each time interval and trade sizes), we can only provide a limited analysis. However, based on the available information, the trades do not appear consistently profitable, and the current trade size is noteworthy but not necessarily indicative of a strong insider confidence unless supported by past larger-than-average successful trades.
Based on the information provided, the insider trade by Belstock Richard L can be evaluated as follows:
- Role: The trade is conducted by an Officer, which carries less weight compared to a CEO or CFO, who are typically more influential in their company's strategic decisions.
- Purchase Type: The purchase was made on the open market, indicating cash out-of-pocket, which is generally seen as a positive signal since the insider is using personal funds to buy shares.
- Size of Purchase: The purchase of 1,000 shares at $41.21 per share results in a total investment of $41,210. While not insignificant, the size is not particularly large, which somewhat limits the conviction.
- Ownership Type: The ownership is direct, meaning the shares are held personally, suggesting a stronger belief in the company's potential.
- Cluster Activity: There is no indication of cluster activity, which could have strengthened the signal if multiple insiders were buying.
Given these factors, I would assign a Medium conviction score. The direct purchase with personal funds is a positive indicator, but the lower level of influence of the role and the moderate size of the purchase temper the overall conviction. Additionally, the lack of cluster buying and recent negative price returns could imply some underlying concerns about the stock's near-term performance.
Belstock Richard L, an officer at PLBC, recently executed a direct purchase of 1,000 shares at $41.21, which is relatively close to the current market price of $41.29. This transaction appears to be bullish, as it suggests confidence in the stock despite recent negative returns, with the 90-day return reflecting a decline of 9.53%. Historically, Belstock's trades have shown an ability to anticipate positive movements, although the current purchase size is not significantly larger than his previous trades, indicating steady confidence rather than a strong conviction. The timing of this trade, amid a recent downturn and near a local price low, might suggest anticipation of a rebound, making it a potential leading indicator of a future upward move.
This insider purchase by Officer Belstock Richard L of PLBC at a price close to the current market rate, despite recent negative price returns, may signal confidence in the company's future prospects. Such trades often precede potential price stabilization or recovery, making it a signal worth watching for short to mid-term entry opportunities.