Live Oak BancsharesLOB
Market Cap: $2.09B
About: Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.
Employees: 987
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
30% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 54
1.88% more ownership
Funds ownership: 64.11% [Q1] → 65.99% (+1.88%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0% less call options, than puts
Call options by funds: $1.24M | Put options by funds: $1.25M
1% less funds holding
Funds holding: 197 [Q1] → 196 (-1) [Q2]
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
13% less capital invested
Capital invested by funds: $1.19B [Q1] → $1.04B (-$150M) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Truist Securities Brandon King 81% 1-year accuracy 44 / 54 met price target | 10%upside $51 | Buy Maintained | 29 Jul 2024 |
Piper Sandler Crispin Love 44% 1-year accuracy 11 / 25 met price target | 1%downside $46 | Neutral Maintained | 29 Jul 2024 |
Keefe, Bruyette & Woods Timothy Switzer 64% 1-year accuracy 7 / 11 met price target | 2%upside $47 | Market Perform Reiterated | 26 Jul 2024 |
Truist Securities Brandon King 81% 1-year accuracy 44 / 54 met price target | 18%downside $38 | Buy Maintained | 8 Jul 2024 |
JP Morgan Steven Alexopoulos 67% 1-year accuracy 34 / 51 met price target | 3%downside $45 | Overweight Maintained | 27 Jun 2024 |