Insider Buying: Joseph Lebel III Buys 1,812 Shares of OceanFirst Financial Corp. Stock (OCFC)
OceanFirst Financial Corp. (NASDAQ:OCFC) EVP Joseph Lebel III bought 1,812 shares of the stock on the open market in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average cost of $16.56 per share, with a total value of $30,006.72. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at TheStreet downgraded shares of OceanFirst Financial Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.47.
OceanFirst Financial Corp. (NASDAQ:OCFC) traded down 1.21% on Wednesday, hitting $16.36. The stock had a trading volume of 6,597 shares. OceanFirst Financial Corp. has a 52 week low of $14.25 and a 52 week high of $19.47. The stock’s 50-day moving average is $16.5 and its 200-day moving average is $17.39. The company has a market cap of $276.2 million and a P/E ratio of 17.07.
OceanFirst Financial Corp. is a holding company for OceanFirst Bank (NASDAQ:OCFC).
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