Bank of the Ozarks (OZRK) : Traders are bullish on Bank of the Ozarks (OZRK) as it has outperformed the S&P 500 by a wide margin of 4.76% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.55%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 9.16% in the last 1 week, and is up 9.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 8.18% and the 50-Day Moving Average is 7.05%.
Bank of the Ozarks (NASDAQ:OZRK): The stock opened at $40.71 on Friday but the bulls could not build on the opening and the stock topped out at $40.74 for the day. The stock traded down to $40.01 during the day, due to lack of any buying support eventually closed down at $40.15 with a loss of -0.54% for the day. The stock had closed at $40.37 on the previous day. The total traded volume was 1,353,220 shares.
The company Insiders own 8.7% of Bank of the Ozarks shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 14.69% . Institutional Investors own 87.05% of Bank of the Ozarks shares. During last six month period, the net percent change held by insiders has seen a change of 17.51%. In a related news, Mullen Walter J Iii, director of Bank Of The Ozarks Inc, had purchased 600 shares on June 9, 2016. The total value of the transaction was $23,166. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Bank of the Ozarks, Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks. The Company provides a range of retail and commercial banking services. The Company provides mortgage lending, trust and wealth management services, treasury management services and online and mobile banking services. Deposit services include checking, savings, money market, time deposit and individual retirement accounts. Loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services. It also provides mortgage lending, treasury management services, remote deposit capture services, trust and wealth management services, real estate appraisals, ATMs, telephone banking, online and mobile banking services.