OSB Group (LON:OSB) Insider Sells £202,186.50 in Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 36,430 shares of the stock in a transaction that occurred on 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 stock was 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 stock was sold at an average price of GBX 569, for a total value of £252,374.26.

OSB Group Price Performance

Shares of OSB stock opened at GBX 567.50 on Friday. The stock has a fifty day moving average price of GBX 565.04 and a 200 day moving average price of GBX 578.56. OSB Group Plc has a one year low of GBX 431.80 and a one year high of GBX 647.50. The stock has a market cap of £2.00 billion, a P/E ratio of 7.71 and a beta of 1.10.

OSB Group (LON:OSB) last issued its quarterly earnings data 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%. Equities research analysts anticipate that OSB Group Plc will post 85.1214128 EPS for the current year.

OSB Group declared that its Board of Directors has initiated a stock buyback 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. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

OSB has been the topic of several research reports. Shore Capital Group restated a “buy” rating on shares of OSB Group in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft cut OSB Group to a “hold” rating and boosted their target price for the company from GBX 650 to GBX 660 in a research note on Friday, January 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 800 target price on shares of OSB Group in a research note on Thursday, March 26th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, OSB Group presently has an average rating of “Moderate Buy” and an average target price of GBX 664.80.

About OSB Group

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.