Jack M. Farris, Director at OCEANFIRST FINANCIAL CORP (OCFC), bought 542 shares at $18.46 ($10K) on 2026-11-03, disclosed to the SEC on 2026-11-03.
Director Jack M. Farris purchased 542 shares for $18.46, marking the largest insider purchase in the company's history. This significant buy suggests insider confidence in the stock's recovery potential following a recent rally.
The stock has surged 12.13% over the past 5 days and is currently trading 19.68% above its 52-week low of $15.60, though it remains 9.41% below the 52-week high of $20.61.
The purchase is the largest insider buy ever recorded for the company, signaling strong conviction from leadership. Additionally, the stock is up 11.4% over the last 30 days, indicating a strong momentum setup.
The stock is currently trading at a high forward P/E of 8.15, which may limit further upside if earnings growth does not accelerate. Furthermore, the short interest represents 5.7% of the float, indicating a level of skepticism that could drive volatility.
Nothing distinguishes this filing.
| Filing → |
| OCFC | SELL | 2016-03-18 | $3K | — | Filing → |