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Benzinga’s Insider Buys Of The Week: Arconic (NYSE:ARNC), Ocwen Financial (NYSE:OCN) And More

Ocwen Financial Corporation institutional ownership is held at 57.80% while insider ownership was 1.90%. As of now, OCN has a P/S, P/E and P/B values of 0.15, 0 and 0.47 respectively. Its P/Cash is valued at 0.57.

So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. Here’s a look at some notable insider purchases reported in the past week. ocwen financial Corp (NYSE: OCN) saw beneficial owner Leon Cooperman, CEO of Omega Advisors, scoop up more than 1.34 million shares of this company. At prices ranging from $3.15 to $3.20 apiece, those transactions totaled more than $4.2 million.

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ocwen financial corp (nyse: OCN) saw beneficial owner Leon Cooperman, CEO of Omega Advisors, scoop up more than 1.34 million shares of this company. At prices ranging from $3.15 to $3.20 apiece.

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