Key Points
- Insider Andy Golding sold 343,485 (Mar 10), 74,699 (Mar 11) and 44,354 (Mar 12) shares of OSB, totaling about 462,538 shares for roughly £2.68 million.
- OSB has a market cap of £2.00bn and a P/E of 8.23, its shares opened at GBX 566.50 (52‑week range GBX 360.60–647.50), the board approved an open‑market stock repurchase plan, and analysts hold a consensus "Moderate Buy" with an average target of GBX 631.
OSB Group Plc (LON:OSB - Get Free Report) insider Andy Golding sold 44,354 shares of OSB Group stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of GBX 569, for a total transaction 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 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.
OSB Group Stock Down 0.1%
Shares of LON:OSB opened at GBX 566.50 on Friday. The company has a market cap of £2.00 billion, a P/E ratio of 8.23 and a beta of 1.07. OSB Group Plc has a 52 week low of GBX 360.60 and a 52 week high of GBX 647.50. The company has a 50-day moving average price of GBX 607.68 and a 200 day moving average price of GBX 579.50.
OSB Group (LON:OSB - Get Free Report) last released its earnings results on Thursday, March 5th. The company reported GBX 75.60 earnings per share (EPS) for the quarter. OSB Group had a return on equity of 13.26% and a net margin of 22.29%. Analysts expect that OSB Group Plc will post 85.1214128 EPS for the current year.
OSB Group announced that its board has approved a stock repurchase plan on Thursday, March 5th that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.
Analyst Ratings Changes
A number of research analysts recently weighed in on OSB shares. Shore Capital Group reaffirmed a "buy" rating on shares of OSB Group in a report on Thursday. Deutsche Bank Aktiengesellschaft lowered shares of OSB Group to a "hold" rating and boosted their target price for the stock from GBX 650 to GBX 660 in a research report on Friday, January 23rd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, OSB Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 631.
Read Our Latest Stock Report on OSB Group
About OSB Group
(
Get Free Report)
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.
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