Joseph Gibson Purchases 5,000 Shares of Bank of Commerce Holdings (NASDAQ:BOCH) Stock

Bank of Commerce Holdings (NASDAQ:BOCH) Director Joseph Gibson acquired 5,000 shares of the stock in a transaction dated Monday, August 12th. The stock was acquired at an average price of $10.15 per share, with a total value of $50,750.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Joseph Gibson also recently made the following trade(s):

  • On Wednesday, May 15th, Joseph Gibson acquired 2,500 shares of Bank of Commerce stock. The stock was acquired at an average price of $10.50 per share, with a total value of $26,250.00.

Shares of BOCH traded down $0.12 during mid-day trading on Monday, reaching $10.11. The company’s stock had a trading volume of 128,621 shares, compared to its average volume of 26,483. The firm has a market capitalization of $187.60 million, a PE ratio of 11.62, a PEG ratio of 1.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.87 and a current ratio of 0.86. Bank of Commerce Holdings has a 52 week low of $8.40 and a 52 week high of $13.20. The stock’s fifty day moving average price is $10.57.



Several hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Arbitrage SA lifted its position in Bank of Commerce by 539.1% in the first 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. Bank of New York Mellon Corp increased its holdings in shares of Bank of Commerce by 3.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 81,816 shares of the financial services provider’s stock valued at $875,000 after acquiring an additional 3,064 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Bank of Commerce by 17.3% in the 2nd quarter. LPL Financial LLC now owns 21,686 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 3,191 shares during the last quarter. Menta Capital LLC increased its holdings in shares of Bank of Commerce by 30.4% in the 1st quarter. Menta Capital LLC now owns 14,055 shares of the financial services provider’s stock valued at $148,000 after acquiring an additional 3,276 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of Bank of Commerce by 106.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 10,547 shares of the financial services provider’s stock valued at $111,000 after acquiring an additional 5,435 shares during the last quarter. 48.83% of the stock is currently owned by institutional investors.

BOCH has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Bank of Commerce from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. TheStreet lowered shares of Bank of Commerce from a “b” rating to a “f” rating in a report 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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Insider Buying and Selling by Quarter for Bank of Commerce (NASDAQ:BOCH)

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