Old Line Bancshares Inc (OLBK) Files Form 4 Insider Buying : Jeffrey A Rivest Buys 600 Shares

Old Line Bancshares Inc (OLBK): Jeffrey A Rivest , director of Old Line Bancshares Inc purchased 600 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were purchased at $17.89 per share for a total value of $10,734.00 , 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 23, 2016, Thomas H Graham (director) purchased 5,000 shares at $17.86 per share price.On May 11, 2016, Suhas R Shah (director) purchased 2,000 shares at $18.90 per share price.Also, On May 11, 2016, John M Ii Suit (director) purchased 3,000 shares at $19.10 per share price.On May 11, 2016, James F Dent (director) sold 2,000 shares at $18.99 per share price.

Old Line Bancshares (MD): On Friday, May 27, 2016 heightened volatility was witnessed in Old Line Bancshares (MD) which led to swings in the share price. The shares opened for trading at $17.73 and hit $17.86 on the upside , eventually ending the session at $17.715, with a gain of 0.20% or 0.035 points. The heightened volatility saw the trading volume jump to 4,529 shares. The 52-week high of the share price is $19.64 and the company has a market cap of $191 M . The 52-week low of the share price is at $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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