Old Second Bancorp, Inc. (NASDAQ:OSBC) EVP Keith Gottschalk sold 1,700 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $11.90, for a total value of $20,230.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Old Second Bancorp, Inc. (NASDAQ:OSBC) opened at 12.10 on Monday. The stock’s 50 day moving average price is $11.69 and its 200-day moving average price is $11.33. The company has a market cap of $358.49 million, a price-to-earnings ratio of 19.52 and a beta of 1.31. Old Second Bancorp, Inc. has a 52 week low of $7.21 and a 52 week high of $12.75.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 7th. Investors of record on Friday, July 28th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, July 26th. This represents a $0.04 annualized dividend and a yield of 0.33%.

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Institutional investors have recently bought and sold shares of the stock. ClariVest Asset Management LLC increased its position in Old Second Bancorp by 5.4% in the first quarter. ClariVest Asset Management LLC now owns 9,703 shares of the financial services provider’s stock valued at $109,000 after buying an additional 496 shares during the last quarter. Rhumbline Advisers increased its position in Old Second Bancorp by 2.2% in the second quarter. Rhumbline Advisers now owns 34,251 shares of the financial services provider’s stock valued at $396,000 after buying an additional 725 shares during the last quarter. Prudential Financial Inc. increased its position in Old Second Bancorp by 7.4% in the first quarter. Prudential Financial Inc. now owns 16,040 shares of the financial services provider’s stock valued at $181,000 after buying an additional 1,100 shares during the last quarter. American International Group Inc. increased its position in Old Second Bancorp by 7.1% in the first quarter. American International Group Inc. now owns 17,704 shares of the financial services provider’s stock valued at $199,000 after buying an additional 1,175 shares during the last quarter. Finally, Teachers Advisors LLC increased its position in Old Second Bancorp by 5.0% in the fourth quarter. Teachers Advisors LLC now owns 45,887 shares of the financial services provider’s stock valued at $507,000 after buying an additional 2,193 shares during the last quarter. Institutional investors and hedge funds own 65.70% of the company’s stock.

A number of equities analysts have recently weighed in on OSBC shares. Zacks Investment Research lowered Old Second Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $11.00 target price on shares of Old Second Bancorp in a research note on Thursday, June 1st. ValuEngine upgraded Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, BidaskClub upgraded Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Old Second Bancorp presently has a consensus rating of “Buy” and an average price target of $12.25.

Old Second Bancorp Company Profile

Insider Buying and Selling by Quarter for Old Second Bancorp (NASDAQ:OSBC)

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