The Non-Executive of OTP Bank Nyrt (Other OTC: OTPBF) is Selling Shares

Yesterday, the Non-Executive of OTP Bank Nyrt (OTPBFResearch Report), Laszlo Utassy, sold shares of OTPBF for $59.31M.

In addition to Laszlo Utassy, 4 other OTPBF executives reported Sell trades in the last month.

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OTPBF’s market cap is $8.52 billion and the company has a P/E ratio of 7.80. The company has a one-year high of $30.68 and a one-year low of $28.82. Currently, OTP Bank Nyrt has an average volume of .

The insider sentiment on OTP Bank Nyrt has been negative according to 71 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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OTP Bank PLC provides universal financial services through several subsidiaries. It performs traditional banking operations via its bank in Hungary. OTP Group also operates in Slovakia, Croatia, Montenegro, Serbia, Bulgaria, Romania, Ukraine, and Russia. Other group activities include car leasing and investments. Insurance services are offered to OTP’s clients in collaboration with French insurance company Groupama. Loans make up the majority of the group’s earning assets, specifically retail mortgage loans, corporate loans, and retail consumer loans. A majority of the bank’s net revenue is net interest income.