Gregory Holcombe Purchases Shares of OBT
Gregory Holcombe acquired 127 shares of OBT at $35.35 each on June 15, 2026.
Key Points
- Gregory Holcombe bought 127 shares of OBT, valued at $4,489.45, on June 15, 2026.
- OBT shares are trading at $36.04, with insider buying activity observed recently.
- Piper Sandler maintained a 'buy' rating on OBT with a $36 target as of February 2026.
Gregory Holcombe made a purchase of 127 shares of OBT on June 15, 2026, at an average price of $35.35 per share. The transaction was valued at $4,489.45 and was not part of a pre-arranged trading plan.
Insider Buying and Selling at OBT
Several insiders at OBT have recently made share purchases. On June 15, 2026, Gregory Sousa, EVP and Deputy CLO, bought 25 shares at $35.35 each. William Morrison acquired 11 shares, Jonathan Rouis bought 37 shares, and Richard Rowley purchased 132 shares, all at the same price. Additionally, Kevin Keane acquired 92 shares, and Michael Lesler, EVP and Chief Financial Officer, bought 13 shares, each transaction occurring at $35.35 per share and not under a Rule 10b5-1 plan.
Other Institutional Activity in OBT
In recent institutional activity, BlackRock, Inc. reduced its holdings by 50,029 shares, leaving it with 1,892,320 shares valued at about $60.5 million. Orange Investment Advisors, Inc. also cut its stake by 40,127 shares, ending with 1,061,490 shares worth around $33.9 million. Wellington Management Group LLP trimmed its position by 76,848 shares, now holding 497,422 shares valued at approximately $15.9 million. Meanwhile, Vanguard Capital Management LLC added 461,702 shares, bringing its total to the same number, valued at $14.8 million. The Manufacturers Life Insurance Company decreased its holdings slightly by 4,157 shares, leaving it with 309,310 shares valued at about $9.9 million.
Analysts Set New Price Targets
Piper Sandler has maintained its 'buy' rating on OBT, setting a price target of $36 as of February 5, 2026. The firm has consistently reiterated its 'buy' rating over multiple periods, reflecting confidence in the stock's potential.
Bottom Line
Insider and institutional activities provide insights into OBT's current market perception. Gregory Holcombe's recent purchase, alongside other insider buys, indicates ongoing interest in the company. Institutional adjustments show varied strategies, with some funds reducing and others increasing their stakes. Piper Sandler's maintained 'buy' rating suggests continued optimism about OBT's prospects.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
