Bank of Commerce Holdings (NASDAQ:BOCH) CFO James A. Sundquist Purchases 3,000 Shares

Bank of Commerce Holdings (NASDAQ:BOCH) CFO James A. Sundquist bought 3,000 shares of Bank of Commerce stock in a transaction that occurred on Wednesday, August 14th. The stock was bought at an average cost of $9.99 per share, with a total value of $29,970.00. Following the completion of the purchase, the chief financial officer now owns 15,227 shares in the company, valued at approximately $152,117.73. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

James A. Sundquist also recently made the following trade(s):

  • On Wednesday, May 29th, James A. Sundquist bought 2,500 shares of Bank of Commerce stock. The stock was bought at an average cost of $10.35 per share, with a total value of $25,875.00.

Shares of Bank of Commerce stock traded up $0.14 during trading hours on Friday, reaching $10.13. 266 shares of the company’s stock were exchanged, compared to its average volume of 24,754. The company has a 50 day moving average of $10.55 and a two-hundred day moving average of $10.75. Bank of Commerce Holdings has a fifty-two week low of $8.40 and a fifty-two week high of $13.20. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.12. The stock has a market cap of $185.78 million, a P/E ratio of 11.66, a P/E/G ratio of 1.77 and a beta of 0.59.

Institutional investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its stake in shares of Bank of Commerce by 539.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,266 shares of the financial services provider’s stock worth $34,000 after buying an additional 2,755 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Bank of Commerce during the 1st quarter worth about $107,000. O Shaughnessy Asset Management LLC boosted its stake in shares of Bank of Commerce by 106.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 10,547 shares of the financial services provider’s stock worth $111,000 after buying an additional 5,435 shares during the last quarter. Menta Capital LLC boosted its stake in shares of Bank of Commerce by 30.4% during the 1st quarter. Menta Capital LLC now owns 14,055 shares of the financial services provider’s stock worth $148,000 after buying an additional 3,276 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of Bank of Commerce during the 2nd quarter worth about $164,000. Institutional investors own 48.94% of the company’s stock.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Bank of Commerce from a “sell” rating to a “hold” rating in a research note on Wednesday. TheStreet lowered shares of Bank of Commerce from a “b” rating to a “f” rating in a research note on Monday, July 22nd.

Bank of Commerce Company Profile

Bank of Commerce Holdings operates as the bank holding company for Redding Bank of Commerce that provides a range of financial services and products for retail customers and small to medium-sized businesses in California. Its deposit products include checking, interest-bearing checking, money market, and savings accounts, as well as certificates of deposit.

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