OCFC Stock Price History and Quote Analysis: Insights for Investors

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own OCFC shares is 262, representing 74.31% of the company's common stock.

ALLIANCEBERNSTEIN L.P., in the last quarter, reduced its stake in OCFC by -4.01% restricting it's holding to 68.23 thousand shares of worth nearly $1.12M. PINNACLE HOLDINGS, LLC also lessened -1.08% of the OCFC shares from its portfolio, reducing its holding to 51.5 thousand shares of worth $845.07K. STATE STREET CORP also shunned OCFC shares holding by -4.87% last quarter which brought its holding to 1.76 million shares worth $28.83M.

As per its latest 13F filing, PRICE T ROWE ASSOCIATES INC /MD/ increased its stake in OCFC by 5.57% in the last quarter. The institutional holder raised its holding to 80.52 thousand shares having worth more than $1.32M. EAGLE WEALTH STRATEGIES LLC also added 25.13% more shares of OCFC to its portfolio, raising its holding to 68.17 thousand shares of worth $1.08M. CITIGROUP INC also increased its OCFC shares holding by 0.25% which brought its holding to 66.97 thousand shares worth $1.10M.

The insider with the most stakes in OCFC is Maher Christopher , Chairman and CEO at the company. Additionally, OCFC stock is highly held by President and COO Lebel Joseph III and director GARBARINO JOHN R among others.

Company executives, directors, and other insiders own 3.25% percent of OceanFirst Financial Corp.'s stock. Within the last six months, there have been 1 transaction(s) in which OCFC insiders have sold stock, totaling 3.5K shares. Insiders that have sold shares include SCHAEFFER BRIAN, GIORDANO ANTHONY III, and TSIMBINOS STEVEN JAMES.

There have been 0 transaction(s) during the past 6-months in which OceanFirst Financial Corp. insiders have bought stock, totalling 0 shares

Around 41.87K OceanFirst Financial Corp. shares are held by insiders, which represents about 3.25% of OCFC stock.

OCFC Chairman and CEO, Maher Christopher holds the largest portfolio of the company's shares. OCFC shares owned by Maher total nearly 328.36 thousand.

PRICE T ROWE ASSOCIATES INC /MD/ is the largest institutional owner in OCFC which holds 80.52 thousand shares worth $1.32M or 0.14% of the total OCFC shares outstanding followed by ALLIANCEBERNSTEIN L.P. with ownership of 68.23 thousand shares representing 0.12% of the OCFC ownership. EAGLE WEALTH STRATEGIES LLC is the third largest stakeholder with 68.17 thousand shares or 0.12% of the ownership worth more than $1.08M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the OCFC is concerned, it is a stock which is optionable.

Number of OCFC shares short is 587.11K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 58.48M shares of OCFC are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, OCFC has 56.22M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for OCFC is 2.49.