Today, the EVP & COO of Old Line Bancshares (NASDAQ: OLBK), Mark Semanie, bought shares of OLBK for $27.75K.
This recent transaction increases Mark Semanie’s holding in the company by 6.42% to a total of $477.4K. In addition to Mark Semanie, 4 other OLBK executives reported Buy trades in the last month.
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Based on Old Line Bancshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $33.59 million and quarterly net profit of $8.26 million. In comparison, last year the company earned revenue of $21.63 million and had a net profit of $2.16 million. OLBK’s market cap is $462.9M and the company has a P/E ratio of 17.14. Currently, Old Line Bancshares has an average volume of 23.6K.
The insider sentiment on Old Line Bancshares has been negative according to 98 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Mark Semanie’s trades have generated a 34.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Old Line Bancshares, Inc. is a bank holding company, which engages in the provision of commercial banking services. It offers various deposit products, including demand, negotiable order of withdrawal, money market, time, and savings accounts, as well as certificates of deposit.
