Recent insider trends for Bank of the Ozarks (NASDAQ:OZRK) have caught the attention of investors. Patters in insider activity can help analysts formulate an outlook for a stock. In the case of OZRK, the data has a lot to say about how the stock might perform going forward.
Institutions own 87.15% of Bank of the Ozarks (OZRK)’s shares. The total value of these holdings, in millions, is $5,193. Among active positions in the latest quarter, 181 holders increased their positions by a total of 12.06 million shares, 177 holders decreased the positions by a total of 14.11 million shares, and 34 holders held their positions. This works out to a net decrease in ownership of 2.05 million shares, and suggests that institutions are feeling bearish about the stock.
Among new and sold out positions, 44 holders initiated new positions by a total of 1.96 million shares and 52 holders exited their positions by a total of 3.26 million shares. This nets out to a decrease of 1.29 million shares and is another bearish sign for OZRK.
In the last three months, insiders executed a total trades. Insider ownership increased by a total of 0 shares, which suggests that OZRK’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 31 buys and 23 sells, and ownership increased by a net of 97250 shares.
Analysts often look at short interest, or the number of shares currently being shorted by investors, to aid in their outlook for a particular stock. Bank of the Ozarks (NASDAQ:OZRK)’s short interest is 8.83 million shares, or 7.76% of the float. This represents a decrease of -5% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.
Supplementing insider data with technical indicators can help an investor form a more complete view on the outlook for a stock. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that OZRK is a buy, which implies that OZRK is expected to outperform the market based on prior trading patterns.
Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that Bank of the Ozarks (NASDAQ:OZRK) is undervalued.