OSB Group (LON:OSB) Insider Andy Golding Sells 36,430 Shares of Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 36,430 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of GBX 555, for a total value of £202,186.50.

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

• On Friday, March 20th, Andy Golding sold 115,860 shares of OSB Group stock. The shares were sold at an average price of GBX 545, for a total value of £631,437.
• On Friday, March 13th, Andy Golding sold 55,646 shares of OSB Group stock. The stock was sold at an average price of GBX 566, for a total transaction of £314,956.36.
• On Tuesday, March 10th, Andy Golding sold 343,485 shares of OSB Group stock. The stock was 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.
• On Thursday, March 12th, Andy Golding sold 44,354 shares of OSB Group stock. The shares were sold at an average price of GBX 569, for a total transaction of £252,374.26.

OSB Group Stock Performance

OSB Group stock opened at GBX 559.24 on Friday. OSB Group Plc has a twelve month low of GBX 429.60 and a twelve month high of GBX 647.50. The firm has a market cap of £1.97 billion, a PE ratio of 7.60 and a beta of 1.10. The firm’s 50 day moving average price is GBX 565.74 and its two-hundred day moving average price is GBX 578.42.

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

OSB Group announced that its Board of Directors has initiated a stock buyback program on Thursday, March 5th that permits the company to buyback 0 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lowered OSB Group to a “hold” rating and upped their target price for the stock from GBX 650 to GBX 660 in a research report on Friday, January 23rd. Shore Capital Group reiterated a “buy” rating on shares of OSB Group in a report on Thursday, March 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 800 price target on shares of OSB Group in a research note on Thursday, March 26th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, OSB Group has an average rating of “Moderate Buy” and a consensus price target of GBX 664.80.

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.