American River Bankshares (NASDAQ:AMRB) COO Kevin Bender sold 1,500 shares of the company’s stock in a transaction dated Friday, November 9th. The shares were sold at an average price of $15.15, for a total transaction of $22,725.00. Following the completion of the sale, the chief operating officer now directly owns 14,783 shares in the company, valued at approximately $223,962.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of NASDAQ AMRB traded down $0.05 on Friday, hitting $15.02. The company’s stock had a trading volume of 3,529 shares, compared to its average volume of 5,937. American River Bankshares has a 12-month low of $12.21 and a 12-month high of $17.50. The company has a market capitalization of $88.44 million, a PE ratio of 20.03 and a beta of 0.16. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.59 and a quick ratio of 0.58.

American River Bankshares (NASDAQ:AMRB) last announced its quarterly earnings results on Thursday, October 18th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). American River Bankshares had a net margin of 14.79% and a return on equity of 6.80%. The business had revenue of $5.63 million during the quarter, compared to analysts’ expectations of $5.60 million. On average, analysts forecast that American River Bankshares will post 0.9 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 14th. Shareholders of record on Wednesday, October 31st will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, October 30th. American River Bankshares’s dividend payout ratio (DPR) is presently 26.67%.

AMRB has been the topic of several recent research reports. Zacks Investment Research raised shares of American River Bankshares from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Tuesday, July 24th. ValuEngine downgraded shares of American River Bankshares from a “buy” rating to a “hold” rating in a report on Tuesday, August 28th. Raymond James raised shares of American River Bankshares from an “underperform” rating to a “market perform” rating in a report on Monday, October 22nd. They noted that the move was a valuation call. Finally, TheStreet raised shares of American River Bankshares from a “c+” rating to a “b” rating in a report on Thursday, October 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $17.00.

Several institutional investors and hedge funds have recently made changes to their positions in AMRB. Macquarie Group Ltd. purchased a new stake in shares of American River Bankshares in the second quarter valued at approximately $108,000. Renaissance Technologies LLC purchased a new stake in shares of American River Bankshares in the second quarter valued at approximately $201,000. Intersect Capital LLC purchased a new stake in shares of American River Bankshares in the second quarter valued at approximately $270,000. Siena Capital Partners GP LLC boosted its holdings in shares of American River Bankshares by 41.5% in the second quarter. Siena Capital Partners GP LLC now owns 173,815 shares of the financial services provider’s stock valued at $2,755,000 after purchasing an additional 51,008 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of American River Bankshares by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 369,239 shares of the financial services provider’s stock valued at $5,727,000 after purchasing an additional 3,317 shares during the period. 50.62% of the stock is currently owned by institutional investors and hedge funds.

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American River Bankshares Company Profile

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in California, the United States. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.

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