Heartland Advisors Inc. Invests $7.03 Million in Old Market Capital Corporation $OMCC

Heartland Advisors Inc. bought a new position in Old Market Capital Corporation (NASDAQ:OMCC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 171,689 shares of the company’s stock, valued at approximately $7,026,000. Heartland Advisors Inc. owned approximately 2.49% of Old Market Capital at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new stake in Old Market Capital during the second quarter worth approximately $203,000. Sandia Investment Management LP increased its holdings in shares of Old Market Capital by 13.0% in the fourth quarter. Sandia Investment Management LP now owns 40,491 shares of the company’s stock valued at $210,000 after buying an additional 4,649 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of Old Market Capital in the second quarter valued at $263,000. Shepherd Financial Partners LLC acquired a new stake in shares of Old Market Capital during the 2nd quarter valued at $270,000. Finally, Aegis Wealth Management LLC acquired a new stake in shares of Old Market Capital during the 2nd quarter valued at $277,000. 39.87% of the stock is owned by institutional investors and hedge funds.

Old Market Capital Stock Performance

OMCC opened at $4.50 on Friday. The company has a quick ratio of 4.31, a current ratio of 4.55 and a debt-to-equity ratio of 0.06. The firm has a market cap of $31.09 million, a PE ratio of -14.52 and a beta of 0.83. The business has a fifty day simple moving average of $4.26 and a 200-day simple moving average of $4.34. Old Market Capital Corporation has a fifty-two week low of $2.72 and a fifty-two week high of $5.99.

Old Market Capital Company Profile

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.