Insider Purchase: Old Line Bancshares, Inc. (OLBK)’s President and CEO James Cornelsen Invested in 207 shares; Dycom Industries (DY) Has 1 Sentiment

Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. The company has market cap of $3.44 billion. The firm offers various specialty contracting services, such as engineering, construction, maintenance, and installation services comprising placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It has a 26.29 P/E ratio. It also provides tower construction, lines and antenna installation, and foundation and equipment pad construction for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable television system operators.

Old Line Bancshares Inc President and CEO James Cornelsen on the 09-02-2018 purchased a total of 207 shares of the company that are priced at about $6,351 USD. This is exactly based on the average stock price value of $30.7 USD. The shares were acquired on 09-02-2018 and the document that contains the original information, filed with the Security and Exchange Commission can be seen here. And, It’s sure James’s deal isn’t going to stay unnoticed as he presently is owning 189,561 shares – ( 1.52% of Old Line Bancshares Inc’s Market Cap ).

Ack Asset Management Llc holds 10.73% of its portfolio in Dycom Industries, Inc. for 452,550 shares. 12Th Street Asset Management Company Llc owns 352,576 shares or 7.84% of their US portfolio. Moreover, Pennant Capital Management Llc has 2.9% invested in the company for 549,250 shares. The Oregon-based Tygh Capital Management Inc. has invested 2.15% in the stock. W.G. Shaheen & Associates Dba Whitney & Co, a New York-based fund reported 61,788 shares.

Analysts await Dycom Industries, Inc. (NYSE:DY) to report earnings on March, 7. They expect $0.32 EPS, down 60.98% or $0.50 from last year’s $0.82 per share. DY’s profit will be $9.90M for 86.83 P/E if the $0.32 EPS becomes a reality. After $0.99 actual EPS reported by Dycom Industries, Inc. for the previous quarter, Wall Street now forecasts -67.68% negative EPS growth.

The stock decreased 0.32% or $0.36 during the last trading session, reaching $111.14. About 602,261 shares traded or 5.67% up from the average. Dycom Industries, Inc. (DY) has risen 52.80% since February 10, 2017 and is uptrending. It has outperformed by 36.10% the S&P500.

The stock increased 1.00% or $0.31 during the last trading session, reaching $31.31. About 32,093 shares traded or 2.28% up from the average. Old Line Bancshares, Inc. (NASDAQ:OLBK) has risen 54.07% since February 10, 2017 and is uptrending. It has outperformed by 37.37% the S&P500.

Among 3 analysts covering Old Line Bancshares (NASDAQ:OLBK), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Old Line Bancshares has $34.5 highest and $29.0 lowest target. $34.25’s average target is 9.39% above currents $31.31 stock price. Old Line Bancshares had 8 analyst reports since November 29, 2016 according to SRatingsIntel. Keefe Bruyette & Woods upgraded the shares of OLBK in report on Tuesday, November 29 to “Outperform” rating. The stock has “Market Perform” rating by Wood on Monday, July 17. The rating was upgraded by Sandler O’Neill to “Buy” on Wednesday, December 21. Keefe Bruyette & Woods maintained Old Line Bancshares, Inc. (NASDAQ:OLBK) on Wednesday, September 27 with “Hold” rating. The firm earned “Hold” rating on Thursday, October 26 by Keefe Bruyette & Woods. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Buy” rating given on Wednesday, January 24 by Sandler O’Neill. Keefe Bruyette & Woods downgraded Old Line Bancshares, Inc. (NASDAQ:OLBK) on Monday, July 17 to “Hold” rating.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 1.28, from 2.2 in 2017Q2. It is negative, as 8 investors sold Old Line Bancshares, Inc. shares while 28 reduced holdings. 7 funds opened positions while 26 raised stakes. 5.48 million shares or 6.24% more from 5.16 million shares in 2017Q2 were reported. Price T Rowe Inc Md accumulated 120,245 shares. American Intll Group Inc Inc, a New York-based fund reported 5,710 shares. Fincl Bank Of New York Mellon Corporation reported 33,639 shares. Schwab Charles Inv holds 0% of its portfolio in Old Line Bancshares, Inc. (NASDAQ:OLBK) for 12,300 shares. Menta Cap Ltd Liability Corporation reported 0.08% in Old Line Bancshares, Inc. (NASDAQ:OLBK). Tiaa Cref Investment Management Limited Co invested in 0% or 23,980 shares. Millennium Mngmt Limited Company accumulated 11,023 shares. Jpmorgan Chase Comm, a New York-based fund reported 21,704 shares. Elizabeth Park Cap Advsrs Ltd has invested 1.88% in Old Line Bancshares, Inc. (NASDAQ:OLBK). Catalyst Advsr accumulated 28,400 shares. Northern Tru Corporation owns 90,453 shares for 0% of their portfolio. First Manhattan stated it has 49,991 shares. Bessemer Group Inc reported 0% in Old Line Bancshares, Inc. (NASDAQ:OLBK). Legal & General Gp Public Limited Liability Co has 0% invested in Old Line Bancshares, Inc. (NASDAQ:OLBK). Clarivest Asset Ltd Liability Corp holds 0.02% of its portfolio in Old Line Bancshares, Inc. (NASDAQ:OLBK) for 27,100 shares.

Old Line Bancshares, Inc. operates as the bank holding firm for Old Line Bank that provides banking services and products to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. The company has market cap of $391.64 million. It accepts a range of deposit products, such as demand, NOW, money market, and savings accounts, as well as certificates of deposit. It has a 23.19 P/E ratio. The firm offers commercial and industrial loans, including lines of credit, revolving credit facilities, accounts receivable financing, term and equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; funds for the construction of single family residences, financing to builders for the construction of pre-sold homes, and loans for multi-family housing, as well as home equity and home improvement loans; land acquisition and development loans; and consumer installment loans.