John R. Garbarino

All filings by John R. Garbarino on record concern Oceanfirst Financial Corp. We count 56 filings; the first trade dates from 15 February 2006 and the latest from 23 May 2017.

In open-market terms, that means 11 purchases worth €46k on one side and 15 sales worth €5.2M on the other. On balance, insiders were net sellers of €5.1M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 13 share grants and 2 option exercises. Since January 2017: no purchases and 8 sales on the market.

Half of the purchases are above €2,234 and half below. After 11 purchases with a full 90-day history, the hit rate stands at 9% and the median 90-day move at -2.4%. They describe history only and say nothing certain about the share price ahead.

The newest entry dates from 24 May 2017: an open-market sale of €353k, in Oceanfirst Financial Corp. The clock since the last published purchase (29 October 2009) now reads 6,219 days. Typically, a trade is published a median of 1 day after it takes place. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.