The CAO of Oritani Financial is Exercising Options

By Carrie Williams

Today it was reported that the CAO of Oritani Financial (ORITResearch Report), Ann Jetton, exercised options to sell 16,000 ORIT shares at $11.95 a share, for a total transaction value of $306.5K.

Following Ann Jetton’s last ORIT Sell transaction on February 28, 2019, the stock climbed by 1.9%.

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Based on Oritani Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $40.91 million and quarterly net profit of $12.3 million. In comparison, last year the company earned revenue of $39.42 million and had a net profit of $13.4 million. The company has a one-year high of $19.50 and a one-year low of $14.07. ORIT’s market cap is $860.5M and the company has a P/E ratio of 16.48.

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Oritani Financial Corp. engages in the business of holding the common stock of Oritani Bank. It also operates as a holding company of limited liability companies that own a variety of real estate investments. The company was founded in 1998 and is headquartered in Township of Washington, NJ.