Key Points
- Andy Golding sold multiple blocks of OSB stock between March 10 and April 15, including 36,430 shares at GBX 555 on April 15; the reported disposals total roughly 670,474 shares worth over £3.8 million.
- OSB trades with a market cap of about £1.97 billion and a P/E of 7.6, the board announced an open‑market share buyback on March 5, and analysts hold a consensus «Moderate Buy» with a target of GBX 664.80.
OSB Group Plc (LON:OSB - Get Free Report) insider Andy Golding sold 36,430 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of GBX 555, for a total value of £202,186.50.
Andy Golding also recently made the following trade(s):
- On Friday, March 20th, Andy Golding sold 115,860 shares of OSB Group stock. The stock was sold at an average price of GBX 545, for a total value of £631,437.
- 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 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 Up 0.9%
Shares of OSB Group stock opened at GBX 559.24 on Friday. The stock has a market capitalization of £1.97 billion, a P/E ratio of 7.60 and a beta of 1.10. The stock has a 50 day moving average price of GBX 565.74 and a two-hundred day moving average price of GBX 578.42. OSB Group Plc has a 12-month low of GBX 429.60 and a 12-month high of GBX 647.50.
OSB Group (LON:OSB - Get Free Report) last released 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%. Sell-side analysts anticipate that OSB Group Plc will post 85.1214128 earnings per share for the current year.
OSB Group announced that its board has initiated a stock buyback program on Thursday, March 5th that permits the company to buyback 0 shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.
Analysts Set New Price Targets
Several research analysts recently commented on OSB shares. Deutsche Bank Aktiengesellschaft downgraded shares of OSB Group to a "hold" rating and lifted their target price for the stock from GBX 650 to GBX 660 in a report on Friday, January 23rd. Shore Capital Group restated a "buy" rating on shares of OSB Group in a report on Thursday, March 12th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 800 price target on shares of OSB Group in a research report on Thursday, March 26th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 664.80.
View Our Latest Research Report on OSB
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
