Some Good Signs Here, but Wait on It

Julian Inclan, a member of the Oriental Financial Group (OFG) board of directors, bought 5,000 shares of the company's stock in recent weeks at an average price of $12.93 per share, according to a filing with the Securities and Exchange Commission. Inclan now owns close to 100,000 shares, with this latest purchase having increased his holdings by a moderate percentage. Our database of insider-trading filings shows that Inclan bought preferred stock in early November of this year.

Several other insiders at Oriental Financial have bought both common and preferred stock in the last two months. For example, CEO Rafael Fernandez has made a number of small purchases, and CFO Gamesh Kumar reported buying about 2,600 shares earlier this month....486 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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