Orrstown Financial Services Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:ORRF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
29 Oct 24	SellUS$151,280	David Hornberger	Individual	4,000	US$37.82
25 Oct 24	BuyUS$8,360	Cindy Joiner	Individual	221	US$37.83
11 Sep 24	SellUS$273,280	Christopher Holt	Individual	8,000	US$34.16
15 Aug 24	BuyUS$15,111	Sarah Brown	Individual	455	US$33.21
13 Aug 24	BuyUS$31,750	John Giambalvo	Individual	1,000	US$31.75
09 Aug 24	BuyUS$10,481	Cindy Joiner	Individual	326	US$32.15

Insider Trading Volume

Insider Buying: ORRF insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of ORRF?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	866,502	4.47%
Hedge Funds	1,811,825	9.35%
General Public	7,836,784	40.4%
Institutions	8,870,930	45.8%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 82.7%.

Top Shareholders

Top 25 shareholders own 45.99% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.35%	Fourthstone LLC	1,811,825	US$66.1m	224%	9.52%
7.66%	BlackRock, Inc.	1,484,910	US$54.2m	77.2%	no data
5.06%	The Vanguard Group, Inc.	981,785	US$35.8m	93%	no data
4.29%	Dimensional Fund Advisors LP	831,078	US$30.3m	66.3%	no data
2.24%	Geode Capital Management, LLC	434,228	US$15.8m	32.2%	no data
1.76%	State Street Global Advisors, Inc.	342,119	US$12.5m	12.8%	no data
1.45%	Renaissance Technologies LLC	281,446	US$10.3m	26%	0.01%
1.25%	Manulife Asset Management	242,876	US$8.9m	0%	0.01%
1.18%	Bridgeway Capital Management, LLC	228,859	US$8.4m	184%	0.13%
1.17%	American Century Investment Management Inc	227,312	US$8.3m	52.3%	no data
1.06%	ProShare Advisors LLC	206,067	US$7.5m	-16.7%	0.02%
0.94%	Petiole USA Limited	181,966	US$6.6m	0%	4.11%
0.92%	FMR LLC	178,478	US$6.5m	8.98%	no data
0.86%	Pacific Ridge Capital Partners, LLC	167,668	US$6.1m	-23.6%	1.41%
0.82%	Charles Schwab Investment Management, Inc.	158,029	US$5.8m	504%	no data
0.82%	Arrowstreet Capital, Limited Partnership	158,026	US$5.8m	12.5%	no data
0.78%	AllianceBernstein L.P.	152,156	US$5.6m	453%	no data
0.77%	Northern Trust Global Investments	149,772	US$5.5m	72%	no data
0.64%	Segall Bryant & Hamill, LLC	124,652	US$4.5m	1.75%	0.06%
0.61%	Epoch Investment Partners, Inc.	117,675	US$4.3m	108%	0.07%
0.56%	Franklin Resources, Inc.	107,976	US$3.9m	-10.3%	no data
0.46%	Bank of America Corporation, Asset Management Arm	89,016	US$3.2m	-5.21%	no data
0.45%	Thomas Quinn	86,676	US$3.2m	-10.3%	no data
0.44%	BNY Asset Management	85,340	US$3.1m	14.5%	no data
0.44%	Emerald Advisers, LLC	85,277	US$3.1m	0%	0.07%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 06:33
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Orrstown Financial Services, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Beury	Boenning & Scattergood, Inc.
David Bishop	Hovde Group, LLC
Daniel Cardenas	Janney Montgomery Scott LLC