Andy Golding Sells 115,860 Shares of OSB Group (LON:OSB) Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 115,860 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 545, for a total transaction of £631,437.

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

• On Friday, March 13th, Andy Golding sold 55,646 shares of OSB Group stock. The shares were 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 shares were 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 value of £252,374.26.

OSB Group Trading Up 2.0%

Shares of OSB opened at GBX 549 on Thursday. The company has a market cap of £1.94 billion, a price-to-earnings ratio of 7.98 and a beta of 1.07. The business’s fifty day simple moving average is GBX 594.61 and its two-hundred day simple moving average is GBX 580.36. OSB Group Plc has a 12 month low of GBX 360.60 and a 12 month high of GBX 647.50.

OSB Group (LON:OSB) last posted 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%. As a group, research analysts forecast that OSB Group Plc will post 85.1214128 EPS for the current year.

OSB Group announced that its board has approved a stock repurchase program on Thursday, March 5th that allows the company to repurchase 0 shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OSB. Shore Capital Group restated a “buy” rating on shares of OSB Group in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft lowered shares of OSB Group to a “hold” rating and lifted their price target for the stock from GBX 650 to GBX 660 in a research note on Friday, January 23rd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, OSB Group has an average rating of “Moderate Buy” and a consensus 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.