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Ocwen Financial Corp. (OCN) Chairman, 10% Owner William C Erbey sells 30,977 Shares

December 03, 2010 | About:

Chairman, 10% Owner of Ocwen Financial Corp. (NYSE:OCN) William C Erbey sells 30,977 shares of OCN on 12/03/2010 at an average price of $9.01 a share.

Ocwen Financial Corp. has a market cap of $892.7 million; its shares were traded at around $8.91 with a P/E ratio of 12.2 and P/S ratio of 2.3. Ocwen Financial Corp. had an annual average earning growth of 16.1% over the past 5 years.

OCN is in the portfolios of Whitney Tilson of T2 Partners Management, LP, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:



  • Sell: Exec VP & CFO David J Gunter sold 245,989 shares of OCN stock on 08/12/2010 at the average price of 9.18. David J Gunter owns at least 3,084 shares after this. The price of the stock has decreased by 2.94% since.



This is the insider trade history vs. stock price of OCN. For the complete insider trading history of OCN, click here.




Directors and Officers Recent Trades:



  • Buy: President Ronald M Faris bought 10,000 shares of OCN stock on 08/25/2010 at the average price of 8.78. Ronald M Faris owns at least 184,495 shares after this. The price of the stock has increased by 1.48% since.
  • Sell: Chairman, 10% Owner William C Erbey sold 9,450 shares of OCN stock on 12/01/2010 at the average price of 9.01. William C Erbey owns at least 16,587,182 shares after this. The price of the stock has decreased by 1.11% since.
  • Sell: Chairman, 10% Owner William C Erbey sold 157,110 shares of OCN stock on 11/15/2010 at the average price of 9.11. William C Erbey owns at least 16,596,632 shares after this. The price of the stock has decreased by 2.2% since.
  • Sell: Chairman, 10% Owner William C Erbey sold 118,800 shares of OCN stock on 11/12/2010 at the average price of 9.11. William C Erbey owns at least 16,753,742 shares after this. The price of the stock has decreased by 2.2% since.



Rating: 3.0/5 (4 votes)

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GuruFocus has detected 1 Warning Sign with Ocwen Financial Corp $OCN.
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