OFG Bancorp’s recent filing unveils that its Chief Financial Officer Maritza Arizmendi acquired Company’s shares for reported $0.21 million on Jun 10 ’25. In the deal valued at $42.30 per share,5,000 shares were bought.
Then, Arizmendi Maritza sold 5,000 shares, generating $207,194 in total proceeds. Upon selling the shares at $41.44, the Chief Financial Officer now owns 63,470 shares.
Before that, FERNANDEZ JOSE RAFAEL sold 50,000 shares. OFG Bancorp shares valued at $2,268,360 were divested by the CEO & Chairperson BOD at a price of $45.37 per share. As a result of the transaction, FERNANDEZ JOSE RAFAEL now holds 234,775 shares, worth roughly $9.48 million.
Hovde Group reiterated its OFG Bancorp [OFG] rating to an Outperform in a research note published on April 24, 2025; the price target was $50. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early April from “an Overweight” to “an Equal weight”. Hovde Group maintained its rating on July 22, 2024. It rated OFG as “an Outperform”.
Price Performance Review of OFG
On Tuesday, OFG Bancorp [NYSE:OFG] saw its stock fall -0.37% to $40.39. Over the last five days, the stock has lost -3.86%. OFG Bancorp shares have fallen nearly -4.56% since the year began. Nevertheless, the stocks have risen 11.21% over the past one year. While a 52-week high of $47.66 was reached on 01/22/25, a 52-week low of $33.15 was recorded on 04/09/25.
Levels Of Support And Resistance For OFG Stock
The 24-hour chart illustrates a support level at 40.06, which if violated will result in even more drops to 39.73. On the upside, there is a resistance level at 40.82. A further resistance level may holdings at 41.26.