A Director at Limestone Bancorp (NASDAQ: LMST) is Buying Shares

Today, a Director at Limestone Bancorp (LMSTResearch Report), Parsons James, bought shares of LMST for $8,615.

This recent transaction increases Parsons James M.’s holding in the company by 500% to a total of $707.5K. Following Parsons James M.’s last LMST Buy transaction on July 29, 2019, the stock climbed by 2.1%.

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Based on Limestone Bancorp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $14.19 million and quarterly net profit of $1.76 million. In comparison, last year the company earned revenue of $13.41 million and had a net profit of $2.4 million. The company has a one-year high of $18.49 and a one-year low of $12.60. LMST’s market cap is $128.4M and the company has a P/E ratio of 12.20.

The insider sentiment on Limestone Bancorp has been positive according to 29 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Limestone Bancorp, Inc. operates as a bank holding company, which engages in the provision of community bank with commercial and personal banking products. The company includes wealth management and trust services, and an innovative on-line bank which delivers competitive deposit products and services through an on-line banking division operating under the name of Ascencia. It operates through the following segments: Commercial, Commercial Real Estate, Residential Real Estate, Consumer, Agricultural, and Other. The company was founded by Maria L. Bouvette in 1988 and is headquartered in Louisville, KY.