Key Points
- Andy Golding sold a total of 518,184 shares of OSB Group between March 10–13, generating roughly £3.0 million, including 55,646 shares sold at GBX 566 on March 13.
- OSB shares traded around GBX 564 (down 1.1%) with a market cap near £1.99bn; analysts have a "Moderate Buy" consensus with a GBX 631 target, and the company announced a share buyback program in early March.
OSB Group Plc (LON:OSB - Get Free Report) insider Andy Golding sold 55,646 shares of the company's stock in a transaction dated Friday, March 13th. The stock was 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 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 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 stock was sold at an average price of GBX 569, for a total value of £252,374.26.
OSB Group Stock Down 1.1%
LON OSB opened at GBX 564 on Tuesday. The stock has a market capitalization of £1.99 billion, a PE ratio of 8.20 and a beta of 1.07. The company has a 50 day moving average price of GBX 606.23 and a two-hundred day moving average price of GBX 579.95. 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 - Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported GBX 75.60 EPS for the quarter. OSB Group had a net margin of 22.29% and a return on equity of 13.26%. As a group, equities analysts anticipate that OSB Group Plc will post 85.1214128 EPS for the current year.
OSB Group announced that its Board of Directors has initiated a share buyback program 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. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.
Wall Street Analysts Forecast Growth
OSB has been the topic of several recent research reports. Shore Capital Group restated a "buy" rating on shares of OSB Group in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft lowered OSB Group to a "hold" rating and increased their price objective for the company from GBX 650 to GBX 660 in a report on Friday, January 23rd. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, OSB Group has an average rating of "Moderate Buy" and a consensus target price of GBX 631.
Get Our Latest 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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