Top Executives Cash In on OFG Bancorp Stock Sales

Tip Ranks
2025.11.13 02:03
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Top executives at OFG Bancorp sold significant shares on November 12, 2025, with CEO Jose Rafael Fernandez selling 30,000 shares for $1.23 million and Director Jorge Colon selling 25,000 shares for $1.02 million. Analysts have adjusted price targets for OFG due to challenges from rate cuts and increased competition, with Wells Fargo and Truist lowering their targets. Despite a Q3 earnings miss, OFG reported steady growth, driven by loan and deposit growth, and maintains a positive long-term outlook. TipRanks’ AI Analyst rates OFG as an Outperform, citing strong earnings growth and solid valuation.