Key Points
- Insider Timothy Terry sold 39,304 shares on Feb. 2 at an average price of $4.73 for total proceeds of $185,907.92, according to an SEC filing.
- OptimumBank (NASDAQ:OPHC) opened at $4.95 and is trading in a 12‑month range of $3.53–$4.95, with a market cap of about $57.1 million and a P/E of 3.75.
- Institutional investors have been active—Goldman Sachs, Vanguard and Fourthstone among others increased positions (Fourthstone now owns 500,853 shares)—and institutions own about 7.43% of the company's stock.
OptimumBank Holdings, Inc. (NASDAQ:OPHC - Get Free Report) insider Timothy Terry sold 39,304 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $4.73, for a total transaction of $185,907.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
OptimumBank Price Performance
OPHC opened at $4.95 on Thursday. OptimumBank Holdings, Inc. has a 12 month low of $3.53 and a 12 month high of $4.95. The company has a fifty day simple moving average of $4.41 and a 200 day simple moving average of $4.28. The stock has a market cap of $57.09 million, a P/E ratio of 3.75 and a beta of 0.29. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.43.
Institutional Trading of OptimumBank
Large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its stake in shares of OptimumBank by 24.8% during 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 last quarter. Brown Advisory Inc. bought a new position in OptimumBank during the second quarter worth about $89,000. Fourthstone LLC increased its position in OptimumBank by 44.6% during the second quarter. Fourthstone LLC now owns 500,853 shares of the bank's stock worth $2,239,000 after buying an additional 154,399 shares during the last quarter. Arcus Capital Partners LLC bought a new stake in OptimumBank in the third quarter valued at approximately $47,000. Finally, Vanguard Group Inc. lifted its position in shares of OptimumBank by 22.0% in the third quarter. Vanguard Group Inc. now owns 385,823 shares of the bank's stock valued at $1,582,000 after buying an additional 69,532 shares during the last quarter. Institutional investors and hedge funds own 7.43% of the company's stock.
OptimumBank Company Profile
(
Get Free Report)
OptimumBank, Inc (NASDAQ:OPHC) is a Texas-chartered commercial bank holding company headquartered in Dallas, Texas, with community banking operations primarily in Texas and South Florida. Founded in 2005, OptimumBank delivers a full suite of deposit and lending products designed to meet the needs of small-to-medium sized businesses, real estate developers, and individual consumers. Through its network of full-service branches and digital platforms, the bank focuses on relationship-driven banking and personalized service.
On the lending side, OptimumBank offers commercial real estate financing, including construction loans, permanent mortgage loans, and land acquisition facilities.
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