Today it was reported that a Director at Oritani Financial (ORIT), Harvey Hirschfeld, exercised options to buy 8,800 ORIT shares at $15.42 a share, for a total transaction value of $135.7K.
Following this transaction Harvey Hirschfeld’s holding in the company was increased by 48.62% to a total of $482.6K. Following Harvey Hirschfeld’s last ORIT Buy transaction on October 23, 2018, the stock climbed by 3.4%.
See today’s analyst top recommended stocks >>
Based on Oritani Financial’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $40.88 million and quarterly net profit of $13.43 million. In comparison, last year the company earned revenue of $38.63 million and had a net profit of $3.97 million. ORIT’s market cap is $802.8M and the company has a P/E ratio of 14.83. Currently, Oritani Financial has an average volume of 76.55K.
The insider sentiment on Oritani Financial has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Oritani Financial Corp. engages in the business of holding the common stock of Oritani Bank. It also operates as a holding company of limited liability companies that own a variety of real estate investments. The company was founded in 1998 and is headquartered in Township of Washington, NJ.
