OSB Group (LON:OSB) Insider Sells £252,374.26 in Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 44,354 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of GBX 569, for a total value 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 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.

OSB Group Stock Down 0.1%

Shares of LON OSB opened at GBX 566.50 on Monday. OSB Group Plc has a 12 month low of GBX 360.60 and a 12 month high of GBX 647.50. The company has a market cap of £2.00 billion, a P/E ratio of 8.23 and a beta of 1.07. The business’s 50 day moving average is GBX 607.68 and its two-hundred day moving average is GBX 579.84.

OSB Group (LON:OSB) last posted its quarterly earnings data 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%. Sell-side analysts expect that OSB Group Plc will post 85.1214128 earnings per share for the current fiscal year.

OSB Group declared that its board has approved a stock buyback plan on Thursday, March 5th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OSB. Deutsche Bank Aktiengesellschaft lowered shares of OSB Group to a “hold” rating and raised their price target for the stock from GBX 650 to GBX 660 in a research report on Friday, January 23rd. Shore Capital Group reaffirmed a “buy” rating on shares of OSB Group in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus 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.