Oppenheimer Holdings Inc (OPY) Files Form 4 Insider Buying : Timothy Martin Dwyer Buys 3,000 Shares

Oppenheimer Holdings Inc (OPY): Timothy Martin Dwyer , director of Oppenheimer Holdings Inc purchased 3,000 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.82 per share for a total value of $41,560.00 , the company said in a SEC Form 4 Filing.

Oppenheimer Holdings (USA): On Tuesday, May 10, 2016 heightened volatility was witnessed in Oppenheimer Holdings (USA) which led to swings in the share price. The shares opened for trading at $13.94 and hit $14.66 on the upside , eventually ending the session at $14.58, with a gain of 5.50% or 0.76 points. The heightened volatility saw the trading volume jump to 25,973 shares. The 52-week high of the share price is $27.99 and the company has a market cap of $195 M . The 52-week low of the share price is at $13.58.

Oppenheimer Holdings  (USA) Money Flow Index Chart

Company has been under the radar of several Street Analysts.Oppenheimer Holdings (USA) is Initiated by Sidoti to Buy and the brokerage firm has set the Price Target at $22. The Rating was issued on Mar 21, 2016.

Oppenheimer Holdings Inc. is a middle-market investment bank and service broker-dealer. The Company is engaged in a range of activities in the securities industry including retail securities brokerage institutional sales and trading investment banking (both corporate and public finance) research market-making trust services and investment advisory and asset management services. The Company operates through the segments: Private Client which provides financial services in the United States; Asset Management which offers investment advisory services to its retail and institutional clients; Capital Markets which includes investment banking institutional equities sales trading and research taxable fixed income sales trading and research public finance and municipal trading; Commercial Mortgage Banking and Corporate (Other).

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