Snatch This Deal Even Lower Than Director Franqui Did
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on February 20, OFG Bancorp's Director, Annette Franqui, invested $64,780.10 into 1,540 shares of OFG, for a cost per share of $42.06. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Wednesday, bargain hunters could buy shares of OFG Bancorp (Symbol: OFG) and achieve a cost basis 2.2% cheaper than Franqui, with shares changing hands as low as $41.12 per share. OFG Bancorp shares are currently trading off about 0.2% on the day. The chart below shows the one year performance of OFG shares, versus its 200 day moving average:
Looking at the chart above, OFG's low point in its 52 week range is $33.15 per share, with $46.11 as the 52 week high point — that compares with a last trade of $41.80. By comparison, below is a table showing the prices at which OFG insider buying was recorded over the last six months:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 02/20/2026 | Annette Franqui | Director | 1,540 | $42.06 | $64,780.10 |
The current annualized dividend paid by OFG Bancorp is $1.4/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 03/31/2026. Below is a long-term dividend history chart for OFG, which can be of good help in judging whether the most recent dividend with approx. 3.4% annualized yield is likely to continue.
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