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Michael Glasser Biography and Net Worth

Director of Old Point Financial

Michael A. Glasser J.D. serves as Independent Director of the Company. Mr. Glasser received a B.A. in Government from the University of Virginia and a law degree from the University of Richmond Law School. He has been practicing law for over 40 years. A few of the diverse areas of his practice include: representation of banks, credit unions, and financial services companies; commercial litigation; commercial disputes; and arbitration. Mr. Glasser is involved in many civic and professional organizations and prior to being elected to the Bank Board, he had prior experience serving on another local bank board. Mr. Glasser serves on the Compensation and Benefits Committee, Strategic Planning Committee and Executive Committee. He is also Co-Chairman of the Bank’s Southside Regional Board. We feel that his experience representing financial services companies and serving on another bank’s board provides insight that makes Mr. Glasser a valuable asset to the Company’s Board.

What is Michael A. Glasser's net worth?: The estimated net worth of Michael A. Glasser is at least $68,813.12 as of May 17th, 2023. Mr. Glasser owns 4,792 shares of Old Point Financial stock worth more than $68,813 as of April 25th. This net worth evaluation does not reflect any other assets that Mr. Glasser may own. Learn More about Michael A. Glasser's net worth.
How do I contact Michael A. Glasser?: The corporate mailing address for Mr. Glasser and other Old Point Financial executives is 101 EAST QUEEN STREET, HAMPTON VA, 23669. Old Point Financial can also be reached via phone at (757) 728-1200 and via email at [email protected]. Learn More on Michael A. Glasser's contact information.
Has Michael A. Glasser been buying or selling shares of Old Point Financial?: Michael A. Glasser has not been actively trading shares of Old Point Financial within the last three months. Most recently, on Wednesday, May 17th, Michael A. Glasser bought 75 shares of Old Point Financial stock. The stock was acquired at an average cost of $16.09 per share, with a total value of $1,206.75. Following the completion of the transaction, the director now directly owns 4,792 shares of the company's stock, valued at $77,103.28. Learn More on Michael A. Glasser's trading history.
Who are Old Point Financial's active insiders?: Old Point Financial's insider roster includes Stephen Adams (Director), Michael Glasser (Director), A. Kauders, Jr. (SVP), William Keefe (Director), Susan Ralston (COO), Elizabeth Wash (Director), and Joseph Witt (Insider). Learn More on Old Point Financial's active insiders.
Are insiders buying or selling shares of Old Point Financial?: During the last twelve months, Old Point Financial insiders bought shares 21 times. They purchased a total of 4,108 shares worth more than $68,878.18. The most recent insider tranaction occured on December, 5th when Director Sarah B Golden bought 59 shares worth more than $1,000.05. Insiders at Old Point Financial own 16.3% of the company. Learn More about insider trades at Old Point Financial.
Information on this page was last updated on 12/5/2023.

Michael A. Glasser Insider Trading History at Old Point Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/17/2023	Buy	75	$16.09	$1,206.75	4,792
8/6/2021	Buy	350	$22.72	$7,952.00
5/28/2021	Buy	100	$23.00	$2,300.00	2,717
8/30/2017	Buy	33	$30.44	$1,004.52	356
6/7/2017	Buy	20	$29.52	$590.40	325
5/17/2017	Buy	25	$30.45	$761.25	305
5/6/2016	Buy	50	$19.05	$952.50	280
4/29/2016	Buy	100	$19.10	$1,910.00	230

Michael A. Glasser Buying and Selling Activity at Old Point Financial

Old Point Financial Company Overview

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. It offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. The company also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, second mortgages, and equity lines of credit; and other loans. In addition, it offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products, wealth management, and cash management services. Old Point Financial Corporation was founded in 1922 and is headquartered in Hampton, Virginia.

Today's Range

Now: $14.36

$14.32

$14.36

50 Day Range

MA: $16.29

$14.61

$17.75

2 Week Range

Now: $14.36

$14.00

$23.24

Volume

331 shs

Average Volume

2,702 shs

Market Capitalization

$72.09 million

P/E Ratio

9.32

Dividend Yield

3.76%

Beta

0.2

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