Andy Golding Sells 55,646 Shares of OSB Group (LON:OSB) Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 55,646 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of GBX 566, for a total value of £314,956.36.

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

• 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 value 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 value 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

Shares of OSB opened at GBX 565 on Wednesday. OSB Group Plc has a fifty-two week low of GBX 360.60 and a fifty-two week high of GBX 647.50. The firm’s 50-day simple moving average is GBX 604.67 and its two-hundred day simple moving average is GBX 580.21. The stock has a market cap of £2.00 billion, a PE ratio of 8.21 and a beta of 1.07.

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

OSB Group announced that its Board of Directors has authorized a stock buyback plan on Thursday, March 5th that permits the company to buyback 0 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

OSB has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded OSB Group to a “hold” rating and increased their target price for the company from GBX 650 to GBX 660 in a research note on Friday, January 23rd. Shore Capital Group restated a “buy” rating on shares of OSB Group in a research note on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price 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.