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Bank of the Ozarks (NASDAQ:OZRK) Director Jean Arehart bought 2,000 shares of Bank of the Ozarks stock in a transaction that occurred on Friday, June 13th. The shares were purchased at an average cost of $62.87 per share, with a total value of $125,740.00. Following the acquisition, the director now directly owns 18,200 shares of the company’s stock, valued at approximately $1,144,234. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Bank of the Ozarks (NASDAQ:OZRK) traded up 2.02% during mid-day trading on Monday, hitting $63.57. 245,312 shares of the company’s stock traded hands. Bank of the Ozarks has a 52-week low of $42.71 and a 52-week high of $70.49. The stock has a 50-day moving average of $59.75 and a 200-day moving average of $60.62. The company has a market cap of $2.349 billion and a P/E ratio of 24.63. Shares of Bank of the Ozarks are going to split on Tuesday, June 24th. The 2-1 split was announced on Monday, May 19th. The newly issued shares will be distributed to shareholders after the market closes on Monday, June 23rd.

Bank of the Ozarks (NASDAQ:OZRK) last announced its earnings results on Monday, April 14th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.64 by $0.04. During the same quarter in the prior year, the company posted $0.56 earnings per share. Analysts expect that Bank of the Ozarks will post $2.84 EPS for the current fiscal year.

OZRK has been the subject of a number of recent research reports. Analysts at Raymond James upgraded shares of Bank of the Ozarks from an “outperform” rating to a “strong-buy” rating in a research note on Friday, May 16th. They now have a $67.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Bank of the Ozarks from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 17th. They now have a $73.80 price target on the stock. Finally, analysts at Zacks upgraded shares of Bank of the Ozarks from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 19th. They now have a $71.80 price target on the stock. Four analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $59.56.

Bank of the Ozarks, Inc is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (NASDAQ:OZRK).

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