Key Points
- Michael Blisko sold 7,600 shares of OptimumBank on Dec. 4 at an average price of $4.09 for $31,084, reducing his stake by 1.24% to 604,645 shares (≈$2.47M); the sale was disclosed in an SEC filing.
- OptimumBank stock opened at $4.15, with a 12‑month range of $3.53–$5.04 and 50/200‑day SMAs of $4.08 and $4.28 respectively; the company has a market cap of ~$47.9M and a P/E of 3.14.
- A number of institutions have recently increased or established positions—notably Fourthstone, Vanguard and Goldman Sachs—and institutional ownership is about 7.43%, with Fourthstone adding 154,399 shares in the latest quarter.
OptimumBank Holdings, Inc. (NASDAQ:OPHC - Get Free Report) Director Michael Blisko sold 7,600 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $4.09, for a total value of $31,084.00. Following the sale, the director owned 604,645 shares in the company, valued at approximately $2,472,998.05. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
OptimumBank Stock Up 1.2%
OptimumBank stock opened at $4.15 on Tuesday. OptimumBank Holdings, Inc. has a 12 month low of $3.53 and a 12 month high of $5.04. The stock has a fifty day simple moving average of $4.08 and a two-hundred day simple moving average of $4.28. The firm has a market cap of $47.87 million, a price-to-earnings ratio of 3.14 and a beta of 0.29. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.43.
Institutional Trading of OptimumBank
A number of large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its position in OptimumBank by 24.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 28,809 shares of the bank's stock worth $118,000 after purchasing an additional 5,720 shares during the period. Brown Advisory Inc. bought a new position in OptimumBank in the second quarter valued at about $89,000. Fourthstone LLC increased its position in shares of OptimumBank by 44.6% during the 2nd quarter. Fourthstone LLC now owns 500,853 shares of the bank's stock valued at $2,239,000 after purchasing an additional 154,399 shares during the last quarter. Arcus Capital Partners LLC purchased a new stake in OptimumBank during the third quarter valued at approximately $47,000. Finally, Vanguard Group Inc. increased its stake in shares of OptimumBank by 22.0% in the 3rd quarter. Vanguard Group Inc. now owns 385,823 shares of the bank's stock worth $1,582,000 after purchasing an additional 69,532 shares in the last quarter. 7.43% of the stock is currently owned by institutional investors.
OptimumBank Company Profile
(
Get Free Report)
OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, and NOW accounts, as well as time deposits, wire transfers, ACH services, and certificates of deposit.
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