Jon Schiller Buys 28 Shares of OBT
Insider Jon Schiller purchased 28 shares of OBT at $35.35 each on June 15, 2026.
Key Points
- Jon Schiller purchased 28 shares of OBT at $35.35 each, totaling $989.8, on June 15, 2026.
- Shares of OBT traded near $36.04, with institutional peers like BlackRock adjusting their positions.
- Piper Sandler maintained a buy rating on OBT with a $36.00 price target as of February 5, 2026.
On June 15, 2026, Jon Schiller purchased 28 shares of OBT at an average price of $35.35, totaling about $989.8. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at OBT
Several insiders at OBT made purchases on June 15, 2026. Gregory Sousa, EVP and Deputy CLO, bought 25 shares, while Richard Rowley acquired 132 shares. Other insiders, including William Morrison and Kevin Keane, also added to their holdings at the same price.
Other Institutional Activity in OBT
Institutional investors have been adjusting their holdings in OBT. BlackRock, Inc. reduced its position by 50,029 shares, ending with 1,892,320 shares valued at approximately $60.5 million. Orange Investment Advisors, Inc. also cut its stake by 40,127 shares, holding 1,061,490 shares worth about $33.9 million. Meanwhile, Vanguard Capital Management LLC initiated a position with 461,702 shares valued at $14.8 million. Geode Capital Management, LLC slightly increased its holdings by 1,850 shares, bringing its total to 260,473 shares.
Analysts Set New Price Targets
Piper Sandler maintained its buy rating on OBT, setting a price target of $36.00 as of February 5, 2026. The firm has consistently reiterated its buy stance over the past few years, with varying price targets.
Bottom Line
Insider transactions like Jon Schiller's purchase can offer insights into company sentiment. While institutional investors have made diverse moves, Piper Sandler's consistent buy rating reflects ongoing confidence in OBT. As always, these filings provide a snapshot of past actions and don't necessarily indicate current positions.
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.
