OptimumBank (NASDAQ:OPHC) Insider Timothy Terry Sells 39,304 Shares

OptimumBank Holdings, Inc. (NASDAQ:OPHC) insider Timothy Terry sold 39,304 shares of the stock in a transaction 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 is available through this hyperlink.

OptimumBank Stock Performance

NASDAQ:OPHC opened at $4.95 on Thursday. 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’s 50-day moving average is $4.41 and its 200-day moving average is $4.28. OptimumBank Holdings, Inc. has a 52-week low of $3.53 and a 52-week high of $4.95. The company has a market cap of $57.09 million, a price-to-earnings ratio of 3.75 and a beta of 0.29.

Hedge Funds Weigh In On OptimumBank

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fourthstone LLC lifted its holdings in shares of OptimumBank by 44.6% during the second quarter. Fourthstone LLC now owns 500,853 shares of the bank’s stock valued at $2,239,000 after acquiring an additional 154,399 shares during the period. Susquehanna International Group LLP increased its position in shares of OptimumBank by 112.2% during the 3rd quarter. Susquehanna International Group LLP now owns 46,460 shares of the bank’s stock worth $190,000 after purchasing an additional 24,569 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in OptimumBank by 22.0% during the 3rd quarter. Alliancebernstein L.P. now owns 652,860 shares of the bank’s stock valued at $2,677,000 after purchasing an additional 117,841 shares during the last quarter. Vanguard Group Inc. lifted 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. boosted its position in 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 in the last quarter. 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.