Insider Selling: OptimumBank (NASDAQ:OPHC) Insider Sells $185,907.92 in Stock

OptimumBank Holdings, Inc. (NASDAQ:OPHC) insider Timothy Terry sold 39,304 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $4.73, for a total transaction of $185,907.92. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

OptimumBank Trading Up 3.3%

OptimumBank stock opened at $5.06 on Friday. OptimumBank Holdings, Inc. has a 52 week low of $3.53 and a 52 week high of $5.17. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $58.36 million, a PE ratio of 3.83 and a beta of 0.29. The business’s 50-day simple moving average is $4.44 and its 200-day simple moving average is $4.29.

Hedge Funds Weigh In On OptimumBank

A number of institutional investors and hedge funds have recently bought and sold shares of OPHC. Arcus Capital Partners LLC bought a new stake in OptimumBank in the 3rd quarter valued at $47,000. Brown Advisory Inc. bought a new stake in shares of OptimumBank in the second quarter valued at about $89,000. Goldman Sachs Group Inc. lifted its stake in shares of OptimumBank by 24.8% in the first quarter. Goldman Sachs Group Inc. now owns 28,809 shares of the bank’s stock valued at $118,000 after buying an additional 5,720 shares during the period. Susquehanna International Group LLP grew its position in OptimumBank by 112.2% during the third quarter. Susquehanna International Group LLP now owns 46,460 shares of the bank’s stock worth $190,000 after buying an additional 24,569 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in OptimumBank by 22.0% during the third quarter. Vanguard Group Inc. now owns 385,823 shares of the bank’s stock valued at $1,582,000 after acquiring an additional 69,532 shares during the period. Institutional investors own 7.43% of the company’s stock.

OptimumBank Company Profile

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.