Old Line Bancshares, Inc. (OLBK)’s Stock Insider Trade – Joseph Thomas Sells 2,300 Shares; Venator Capital Management LTD Has Raised Its Entercom Communications (ETM) Position

Entercom Communications Corp. (NYSE:ETM) Logo

Venator Capital Management Ltd increased Entercom Communications Corp (ETM) stake by 61.49% reported in 2017Q4 SEC filing. Venator Capital Management Ltd acquired 508,750 shares as Entercom Communications Corp (ETM)’s stock declined 16.30%. The Venator Capital Management Ltd holds 1.34M shares with $14.43 million value, up from 827,361 last quarter. Entercom Communications Corp now has $1.02 billion valuation. The stock decreased 2.68% or $0.2 during the last trading session, reaching $7.25. About 1.27M shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 31.27% since May 24, 2017 and is downtrending. It has underperformed by 42.82% the S&P500.

Investors sentiment increased to 7.95 in 2017 Q4. Its up 6.45, from 1.5 in 2017Q3. It is positive, as 9 investors sold ETM shares while 11 reduced holdings. 92 funds opened positions while 67 raised stakes. 222.30 million shares or 760.66% more from 25.83 million shares in 2017Q3 were reported. Primecap Mgmt Co Ca, a California-based fund reported 1.56 million shares. Invesco Limited holds 15,684 shares or 0% of its portfolio. Hap Trading reported 206,857 shares. New York State Common Retirement Fund has 0.01% invested in Entercom Communications Corp. (NYSE:ETM) for 554,333 shares. Assetmark reported 0% in Entercom Communications Corp. (NYSE:ETM). Millennium Mngmt Ltd Limited Liability Company has 0.02% invested in Entercom Communications Corp. (NYSE:ETM) for 1.06 million shares. Clear Harbor Asset Mgmt Lc reported 22,707 shares stake. Susquehanna Group Llp stated it has 3.79M shares or 0.01% of all its holdings. Plante Moran Financial Ltd Liability Company invested 0% of its portfolio in Entercom Communications Corp. (NYSE:ETM). Gabelli Funds Lc holds 320,000 shares. Moreover, Group One Trading Ltd Partnership has 0.02% invested in Entercom Communications Corp. (NYSE:ETM) for 262,681 shares. Morgan Stanley stated it has 1.15M shares. Fmr Ltd Co invested in 0% or 2.99M shares. Rhumbline Advisers owns 0% invested in Entercom Communications Corp. (NYSE:ETM) for 84,977 shares. Emerald Advisers Inc Pa owns 854,887 shares or 0.36% of their US portfolio.

Another recent and important Entercom Communications Corp. (NYSE:ETM) news was published by Seekingalpha.com which published an article titled: “Entercom Communications’ (ETM) CEO David Field on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018.

Since March 9, 2018, it had 12 insider buys, and 0 insider sales for $30.12 million activity. FIELD JOSEPH M bought $6.14M worth of stock or 640,000 shares. Philips Robert E bought $50,009 worth of stock or 6,289 shares.

Among 3 analysts covering Entercom Communications (NYSE:ETM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wells Fargo given on Tuesday, August 18. Noble Financial maintained Entercom Communications Corp. (NYSE:ETM) on Monday, November 27 with “Buy” rating. The firm has “Buy” rating given on Monday, July 31 by Noble Financial. On Friday, December 11 the stock rating was initiated by Stephens with “Equal-Weight”. As per Monday, July 24, the company rating was maintained by Noble Financial.

Venator Capital Management Ltd decreased Callidus Software Inc (NASDAQ:CALD) stake by 12,344 shares to 90,131 valued at $2.58 million in 2017Q4. It also reduced Gap Inc Del (NYSE:GPS) stake by 163,000 shares and now owns 117,235 shares. Lowes Cos Inc (NYSE:LOW) was reduced too.

Joseph Thomas is the director of Old Line Bancshares Inc. He lately made a sale of 2,300 shares in the ‘s company with the deal value amounting to about $79,285 USD. The number is based on the filing revealed price of $34.5 for each one share. He also sold 20,860 shares worth approximately $720,632 USD in the last 30 days. The trade, dated May 24, 2018, is recorded on a Form 4 filed with the Washington-based SEC and is at your disposal for a review here. Joseph Thomas now has in hand 73,378 shares of the Company.

Since January 29, 2018, it had 10 buys, and 4 sales for $362,396 activity. 207 shares were bought by CORNELSEN JAMES W, worth $6,351 on Thursday, February 8. On Thursday, March 1 the insider Suit John M II bought $17,525. $3,360 worth of Old Line Bancshares, Inc. (NASDAQ:OLBK) shares were bought by Deadrick Stephen J. $31,653 worth of Old Line Bancshares, Inc. (NASDAQ:OLBK) was sold by DENT JAMES F on Thursday, February 1. Another trade for 19,400 shares valued at $670,408 was made by Thomas Joseph on Monday, May 21. Clifford James R SR also bought $17,235 worth of Old Line Bancshares, Inc. (NASDAQ:OLBK) shares. $19,319 worth of Old Line Bancshares, Inc. (NASDAQ:OLBK) was bought by MANUEL GAIL D.

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 $590.38 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 25.76 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.

Analysts await Old Line Bancshares, Inc. (NASDAQ:OLBK) to report earnings on August, 3. They expect $0.54 earnings per share, up 50.00% or $0.18 from last year’s $0.36 per share. OLBK’s profit will be $9.17M for 16.10 P/E if the $0.54 EPS becomes a reality. After $0.48 actual earnings per share reported by Old Line Bancshares, Inc. for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Among 4 analysts covering Old Line Bancshares (NASDAQ:OLBK), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Old Line Bancshares has $3600 highest and $29.0 lowest target. $35.17’s average target is 1.12% above currents $34.78 stock price. Old Line Bancshares had 10 analyst reports since November 29, 2016 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The company was maintained on Thursday, October 26 by Keefe Bruyette & Woods. The rating was maintained by Sandler O’Neill with “Buy” on Wednesday, January 24. The firm earned “Outperform” rating on Tuesday, November 29 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, September 27. Keefe Bruyette & Woods maintained Old Line Bancshares, Inc. (NASDAQ:OLBK) rating on Monday, February 26. Keefe Bruyette & Woods has “Hold” rating and $35.0 target. The stock has “Buy” rating by Sandler O’Neill on Wednesday, December 21. As per Monday, July 17, the company rating was downgraded by Keefe Bruyette & Woods. On Wednesday, March 28 the stock rating was maintained by Stephens with “Buy”. The firm has “Market Perform” rating given on Monday, July 17 by Wood.

Another recent and important Old Line Bancshares, Inc. (NASDAQ:OLBK) news was published by Nasdaq.com which published an article titled: “Old Line Bank Adds Montgomery County Lending Expert to Growing Team” on April 26, 2018.

Old Line Bancshares, Inc. (NASDAQ:OLBK) Institutional Positions Chart

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: