Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
OCEANFIRST FINANCIAL CORP (OCFC)
Sector: Financial Services; Industry: Banks—Regional

OceanFirst Financial Corp. operates as the holding company for OceanFirst Bank N.A. that provides community banking services. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, it offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2019 the company operated through its branch office in Toms River; administrative/branch office located in Red Bank; 54 additional branch offices and five deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New York City, the Philadelphia area, as well as Atlantic, Cape May, and Mercer Counties in New Jersey.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-08-02 Devlin Michael D Director Sell 60,000 $20.61 $1,236,600 No
2022-06-24 Barrett Patrick Sean Executive Vice President & CFO Buy 10,500 $18.91 $198,555 No
2022-05-17 Lebel Joseph III President and COO Buy 1,000 $25.13 $25,134 No
2022-05-13 Katsoulis Nicos Director Buy 2,000 $18.99 $37,980 No
2022-05-12 Turner Patricia Lynne Director Buy 300 $18.38 $5,514 No
2022-03-10 Katsoulis Nicos Director Buy 2,000 $21.40 $42,800 No
2022-03-07 ESTEP MICHELE B EVP & CAO, OceanFirst Bank Sell 3,790 $22.17 $84,024 No
2022-03-07 GIORDANO ANTHONY III Chief Retail Officer, OFB Sell 1,767 $22.17 $39,174 No
2022-03-07 Lebel Joseph III President and COO Sell 5,325 $22.17 $118,055 No
2022-03-07 Sridharan Karthik EVP & CIO, OceanFirst Bank Sell 3,234 $22.17 $71,698 No
2021-11-29 Katsoulis Nicos Director Buy 3,000 $20.90 $62,700 No
2021-08-03 Katsoulis Nicos Director Buy 2,000 $19.07 $38,140 No
2021-05-07 Lebel Joseph III President and COO Buy 1,000 $27.82 $27,820 No
2021-03-03 Ho Angela K SVP/Principal Accounting Off. Sell 695 $23.11 $16,061 No
2021-03-03 GIORDANO ANTHONY III Chief Retail Officer, OFB Sell 1,451 $23.11 $33,533 No
2021-03-03 Vallacchi Grace Executive Vice President & CRO Sell 1,065 $23.11 $24,612 No
2021-03-03 Sridharan Karthik EVP & CIO, OceanFirst Bank Sell 2,366 $23.11 $54,678 No
2021-03-03 ESTEP MICHELE B EVP & CAO, OceanFirst Bank Sell 1,291 $23.11 $29,835 No
2021-03-03 Lebel Joseph III President and COO Sell 494 $23.11 $11,416 No
2021-03-03 Maher Christopher Chairman and CEO Sell 2,641 $23.11 $61,034 No
2021-02-09 Devlin Michael D Director Sell 38,662 $20.01 $773,572 No
2021-02-02 Turner Patricia Lynne Director Buy 525 $18.74 $9,838 No
2020-11-04 Tsimbinos Steven James Executive VP/Corp. Secretary Buy 300 $14.59 $4,376 No
2020-11-04 Katsoulis Nicos Director Buy 1,900 $14.76 $28,036 No
2020-05-15 Tsimbinos Steven James Executive VP/Corp. Secretary Buy 2,600 $17.91 $46,568 No
2020-03-10 Katsoulis Nicos Director Buy 2,000 $16.83 $33,660 No
2020-03-03 Ho Angela K SVP/Principal Accounting Off. Sell 539 $20.95 $11,295 No
2020-03-03 GIORDANO ANTHONY III Chief Retail Officer, OFB Sell 1,247 $20.77 $25,906 No
2020-03-03 Vallacchi Grace Executive Vice President & CRO Sell 1,218 $20.95 $25,523 No
2020-03-03 ESTEP MICHELE B EVP & CAO, OceanFirst Bank Sell 1,343 $20.95 $28,143 No

Insider Smart

Celldex Therapeutics, Inc. (CLDX) - Multiple insiders including President, EVP, CEO, CSO and Directors bought shares on Jun.9th, first time since 2018, this was very convincing and we initiated a position. Stock soared from $3 to 9$ in 2 days, and the run is still going on.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.