Old Line Bancshares Inc (OLBK) Files Form 4 Insider Buying : Suhas R Shah Buys 2,000 Shares

Old Line Bancshares Inc (OLBK): Suhas R Shah , director of Old Line Bancshares Inc purchased 2,000 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.90 per share for a total value of $37,800.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Thomas H Graham (director) purchased 5,000 shares at $18.90 per share price.On May 11, 2016, John M Ii Suit (director) purchased 3,000 shares at $19.10 per share price.Also, On May 11, 2016, James F Dent (director) sold 2,000 shares at $18.99 per share price.On Apr 6, 2016, Mark A Semanie (Chief Operating Officer) purchased 11 shares at $18.16 per share price.

Shares of Old Line Bancshares (MD) (OLBK) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.045 points or -0.24% at $18.93 with 27,695 shares getting traded. Post opening the session at $19.1, the shares hit an intraday low of $18.85 and an intraday high of $19.19 and the price vacillated in this range throughout the day. The company has a market cap of $204 M and the number of outstanding shares has been calculated to be 1,08,02,560 shares. The 52-week high of Old Line Bancshares (MD) is $19.64 and the 52-week low is $15.24.

Old Line Bancshares  (MD) Money Flow Index Chart

Old Line Bancshares Inc. is the holding company of Old Line Bank (The Bank). The Bank is a chartered trust company engaged in commercial banking business making various types of loans investments and accepting deposits. It markets its financial services to small to medium sized businesses entrepreneurs professionals consumers and clients. The Bank through its division Old Line Financial Services provides retirement planning and products investment services including investment management estate and succession planning and allows its customers to directly purchase individual stocks bonds and mutual funds. The Bank also offers its customers safe deposit boxes wire transfer services debit cards prepaid cards automated teller machines at all of its branch locations investment services and credit cards through a third party processor. Additionally it provides Internet and mobile banking capabilities to its customers.

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