Insider Selling: OptimumBank (NASDAQ:OPHC) Insider Sells 39,304 Shares of Stock

OptimumBank Holdings, Inc. (NASDAQ:OPHC) insider Timothy Terry sold 39,304 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $4.73, for a total transaction of $185,907.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

OptimumBank Price Performance

Shares of OPHC stock opened at $4.86 on Wednesday. The stock has a market cap of $56.06 million, a P/E ratio of 3.67 and a beta of 0.27. The company’s fifty day simple moving average is $4.39 and its two-hundred day simple moving average is $4.27. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.43. OptimumBank Holdings, Inc. has a 52 week low of $3.53 and a 52 week high of $4.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fourthstone LLC boosted its holdings in shares of OptimumBank by 44.6% in the 2nd quarter. Fourthstone LLC now owns 500,853 shares of the bank’s stock worth $2,239,000 after purchasing an additional 154,399 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of OptimumBank by 112.2% in the 3rd quarter. Susquehanna International Group LLP now owns 46,460 shares of the bank’s stock worth $190,000 after acquiring an additional 24,569 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of OptimumBank by 22.0% during the 3rd quarter. Alliancebernstein L.P. now owns 652,860 shares of the bank’s stock worth $2,677,000 after purchasing an additional 117,841 shares during the period. Vanguard Group Inc. grew its holdings in OptimumBank by 22.0% during the 3rd quarter. Vanguard Group Inc. now owns 385,823 shares of the bank’s stock valued at $1,582,000 after purchasing an additional 69,532 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised 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. Hedge funds and other institutional investors own 7.43% of the company’s stock.

About OptimumBank

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.