Old Point Financial Corp (OPOF) Files Form 4 Insider Buying : Michael A Glasser Buys 50 Shares

Old Point Financial Corp (OPOF): Michael A Glasser , director of Old Point Financial Corp purchased 50 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were purchased at $19.05 per share for a total value of $952.50 , 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 3, 2016, Michael A Glasser (director) purchased 100 shares at $19.10 per share price.On Feb 29, 2016, Stephen Conway Adams (director) purchased 300 shares at $18.55 per share price.Also, On Feb 29, 2016, Tom B Langley (director) purchased 1,100 shares at $18.78 per share price.On Feb 23, 2016, Joseph R Witt (director other) purchased 40 shares at $18.81 per share price.

Old Point Financial Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in Old Point Financial Corporation which led to swings in the share price. The shares opened for trading at $18.95 and hit $19.01 on the upside , eventually ending the session at $19, with a gain of 0.21% or 0.039 points. The heightened volatility saw the trading volume jump to 1,372 shares. The 52-week high of the share price is $20.2457 and the company has a market cap of $94 M . The 52-week low of the share price is at $14.71.

Old Point Financial Corporation Money Flow Index Chart

Old Point Financial Corporation is a holding company that conducts all of its operations through two subsidiaries The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services N.A. (the Trust). The Bank is an independent community bank and the Trust is a nationally chartered trust company. The Bank serves individual and commercial customers. As of December 31 2014 the Bank had approximately 18 branch offices. The Bank offers a line of consumer mortgage and business banking services including loan deposit and cash management services to individual and business customers. Trust offers a range of services for individuals and businesses. The products and services include retirement planning estate planning financial planning estate and trust administration retirement plan administration tax services and investment management services.

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