OSB Group (LON:OSB) Insider Andy Golding Sells 44,354 Shares

OSB Group Plc (LON:OSB) insider Andy Golding sold 44,354 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of GBX 569, for a total transaction of £252,374.26.

Andy Golding also recently made the following trade(s):

• On Tuesday, March 10th, Andy Golding sold 343,485 shares of OSB Group stock. The shares were sold at an average price of GBX 582, for a total transaction of £1,999,082.70.
• On Wednesday, March 11th, Andy Golding sold 74,699 shares of OSB Group stock. The stock was sold at an average price of GBX 574, for a total transaction of £428,772.26.

OSB Group Price Performance

Shares of OSB opened at GBX 566.50 on Friday. OSB Group Plc has a 1-year low of GBX 360.60 and a 1-year high of GBX 647.50. The stock has a market cap of £2.00 billion, a PE ratio of 8.23 and a beta of 1.07. The firm has a fifty day moving average price of GBX 607.68 and a 200 day moving average price of GBX 579.50.

OSB Group (LON:OSB) last posted its earnings results on Thursday, March 5th. The company reported GBX 75.60 EPS for the quarter. OSB Group had a return on equity of 13.26% and a net margin of 22.29%. As a group, equities analysts expect that OSB Group Plc will post 85.1214128 EPS for the current fiscal year.

OSB Group declared that its board has initiated a share repurchase program on Thursday, March 5th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

OSB has been the subject of a number of research reports. Shore Capital Group reiterated a “buy” rating on shares of OSB Group in a research note on Thursday. Deutsche Bank Aktiengesellschaft lowered shares of OSB Group to a “hold” rating and raised their target price for the stock from GBX 650 to GBX 660 in a research report on Friday, January 23rd. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 631.

OSB Group Company Profile

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services. The company also provides buy-to-let and specialist residential mortgages, mortgage servicing, administration and analytical, mortgage originator and servicer, and retail savings products; and back office processing services.