Origin Bancorp director Cecil Jones buys $199,282 in stock
Cecil W. Jones, a director at Origin Bancorp, made a significant purchase of the company's common stock on August 7, 2026. The insider acquired 3,700 shares, valued at $199,282, at a price of $53.86 per share. This acquisition brings Mr. Jones' total beneficial ownership to 17,647 shares of Origin Bancorp, Inc. (NASDAQ:OBK) common stock.
The stock's recent surge, reaching a 52-week high of $55.57, marks a 70% increase from its 52-week low. Despite this strong performance, the stock remains undervalued relative to its estimated fair value, positioning it as a potential opportunity for investors. Origin Bancorp's shares have delivered a 52% return over the past year, with analysts recommending it as one of the most undervalued stocks.
The company's recent second-quarter 2026 earnings report surpassed market expectations, with diluted earnings per share of $1.09, compared to the estimated $1.00. However, revenue was slightly below forecasts at $107.59 million. Origin Bancorp highlighted improvements in net interest margin, credit quality, and tangible book value, demonstrating consistent core profitability for the 15th consecutive quarter.
Investors are closely monitoring these metrics as the company maintains its position among the most undervalued stocks and continues to deliver strong performance.
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