Origin Bancorp (OBNK) Sets New 12-Month High and Low at $41.35

Origin Bancorp Inc (NASDAQ:OBNK) reached a new 52-week high and low during mid-day trading on Tuesday . The stock traded as low as $41.35 and last traded at $40.54, with a volume of 3535 shares changing hands. The stock had previously closed at $40.00.

Several equities research analysts recently weighed in on OBNK shares. Stephens started coverage on shares of Origin Bancorp in a research report on Monday, June 4th. They issued an “overweight” rating and a $43.00 price target on the stock. Raymond James started coverage on shares of Origin Bancorp in a research report on Monday, June 4th. They issued a “strong-buy” rating on the stock. Finally, Keefe, Bruyette & Woods started coverage on shares of Origin Bancorp in a research report on Wednesday, June 6th. They issued a “market perform” rating and a $42.00 price target on the stock.

The firm also recently declared a Not Available dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 15th will be given a $0.032 dividend. The ex-dividend date is Thursday, June 14th.

In other Origin Bancorp news, Chairman Drake D. Mills purchased 2,940 shares of Origin Bancorp stock in a transaction that occurred on Thursday, May 10th. The shares were bought at an average price of $34.00 per share, for a total transaction of $99,960.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary E. Luffey purchased 7,500 shares of Origin Bancorp stock in a transaction that occurred on Thursday, May 10th. The stock was acquired at an average price of $34.00 per share, for a total transaction of $255,000.00. The disclosure for this purchase can be found here. Insiders purchased 12,655 shares of company stock worth $430,270 in the last 90 days.

About Origin Bancorp

There is no company description available for Origin Bancorp Inc

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