Key Points
- Insider sale: Andy Golding sold a total of 634,044 OSB shares across five trades in March, including 115,860 shares on March 20 at GBX 545, for aggregate proceeds of about £3.63 million.
- Company context: OSB opened at GBX 541.50 (1‑year range GBX 360.60–647.50) with a market cap of £1.91bn; the board announced a stock buyback program on March 5 and analysts hold a consensus "Moderate Buy" with an average price target of GBX 631.
OSB Group Plc (LON:OSB - Get Free Report) insider Andy Golding sold 115,860 shares of OSB Group stock in a transaction on Friday, March 20th. The shares were sold at an average price of GBX 545, for a total value 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 value 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 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 value of £252,374.26.
OSB Group Price Performance
LON OSB opened at GBX 541.50 on Wednesday. OSB Group Plc has a 1-year low of GBX 360.60 and a 1-year high of GBX 647.50. The firm has a market capitalization of £1.91 billion, a P/E ratio of 7.87 and a beta of 1.07. The business's 50-day simple moving average is GBX 596.11 and its 200-day simple moving average is GBX 580.58.
OSB Group (LON:OSB - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported GBX 75.60 earnings per share (EPS) for the quarter. OSB Group had a net margin of 22.29% and a return on equity of 13.26%. On average, equities research analysts expect that OSB Group Plc will post 85.1214128 EPS for the current fiscal year.
OSB Group announced that its board has initiated a stock repurchase program on Thursday, March 5th that allows the company to buyback 0 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.
Analysts Set New Price Targets
OSB has been the topic of a number of research reports. Shore Capital Group reissued a "buy" rating on shares of OSB Group in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft cut shares of OSB Group to a "hold" rating and upped their price target 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 issued a Hold rating to the company. According to MarketBeat, OSB Group presently has a consensus rating of "Moderate Buy" and an average price target of GBX 631.
View Our Latest Stock Analysis on OSB
OSB Group Company Profile
(
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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