President & CEO of Pacific Mercantile Bancorp (PMBC) Raymond E Dellerba buys 2,000 shares of PMBC on 08/31/2012 at an average price of $6.65 a share.

Pacific Mercantile Bancorp has a market cap of $112.3 million; its shares were traded at around $6.6499 with a P/E ratio of 6 and P/S ratio of 2.1.

This is the annual revenues and earnings per share of PMBC over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of PMBC.

CEO Recent Trades:

• President & CEO Raymond E Dellerba bought 2,000 shares of PMBC stock on 08/29/2012 at the average price of 6.46. Raymond E Dellerba owns at least 341,356 shares after this. The price of the stock has increased by 2.94% since.
• President & CEO Raymond E Dellerba bought 500 shares of PMBC stock on 06/15/2012 at the average price of 7.02. Raymond E Dellerba owns at least 339,356 shares after this. The price of the stock has decreased by 5.27% since.
• President & CEO Raymond E Dellerba bought 882 shares of PMBC stock on 06/06/2012 at the average price of 6.44. Raymond E Dellerba owns at least 338,856 shares after this. The price of the stock has increased by 3.26% since.
• President & CEO Raymond E Dellerba bought 2,500 shares of PMBC stock on 05/30/2012 at the average price of 6.23. Raymond E Dellerba owns at least 337,974 shares after this. The price of the stock has increased by 6.74% since.
• President & CEO Raymond E Dellerba bought 1,000 shares of PMBC stock on 05/18/2012 at the average price of 5.96. Raymond E Dellerba owns at least 335,474 shares after this. The price of the stock has increased by 11.58% since.

This is the insider trade history vs. stock price of PMBC. For the complete insider trading history of PMBC, click here.

Directors and Officers Recent Trades:

• Director Gary Michael Williams bought 4,502 shares of PMBC stock on 03/06/2012 at the average price of 4.39. Gary Michael Williams owns at least 136,812 shares after this. The price of the stock has increased by 51.48% since.
• Director Gary Michael Williams bought 2,645 shares of PMBC stock on 03/05/2012 at the average price of 4.38. Gary Michael Williams owns at least 139,457 shares after this. The price of the stock has increased by 51.82% since.

For the complete insider trading history of PMBC, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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