Andy Golding Sells 36,430 Shares of OSB Group (LON:OSB) Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 36,430 shares of the firm’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of GBX 555, for a total transaction 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 transaction 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 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 Stock Performance

Shares of OSB stock traded up GBX 5.24 on Thursday, hitting GBX 559.24. The company had a trading volume of 381,294 shares, compared to its average volume of 3,344,528. OSB Group Plc has a twelve month low of GBX 429.60 and a twelve month high of GBX 647.50. The firm has a market cap of £1.97 billion, a P/E ratio of 7.60 and a beta of 1.10. The stock’s 50-day moving average is GBX 567.04 and its two-hundred day moving average is GBX 578.55.

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

OSB Group announced that its board has authorized a stock repurchase plan on Thursday, March 5th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts have issued reports on OSB shares. Shore Capital Group reiterated a “buy” rating on shares of OSB Group in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft downgraded OSB Group to a “hold” rating and boosted their price objective for the company from GBX 650 to GBX 660 in a report on Friday, January 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 800 target price on shares of OSB Group in a report on Thursday, March 26th. Three 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 presently has an average rating of “Moderate Buy” and a consensus target price of GBX 664.80.

OSB Group Company Profile

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.