OSB Group (LON:OSB) Insider Andy Golding Sells 115,860 Shares

Key Points

• Andy Golding, an OSB Group insider, sold 115,860 shares on March 20 at GBX 545 for approximately £631,437, part of a series of mid‑March disposals.
• Across March 10–20 he sold a total of about 634,044 shares, generating roughly £3.63 million in proceeds.
• OSB shares were trading near GBX 541.50 (market cap ~£1.91bn, P/E 7.87) and analysts hold a consensus “Moderate Buy” with a target of GBX 631, while the board has authorized open‑market share repurchases.

OSB Group Plc (LON:OSB - Get Free Report) insider Andy Golding sold 115,860 shares of the business's stock in a transaction that occurred on Friday, March 20th. The stock was 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 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 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 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

OSB Group stock traded up GBX 3 during trading hours on Tuesday, hitting GBX 541.50. The stock had a trading volume of 699,318 shares, compared to its average volume of 3,859,837. OSB Group Plc has a 1-year low of GBX 360.60 and a 1-year high of GBX 647.50. The stock has a market capitalization of £1.91 billion, a price-to-earnings ratio of 7.87 and a beta of 1.07. The stock's fifty day moving average is GBX 597.79 and its two-hundred day moving average is GBX 580.54.

OSB Group (LON:OSB - Get Free Report) last released 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 return on equity of 13.26% and a net margin of 22.29%. As a group, sell-side 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 share repurchase program on Thursday, March 5th that allows the company to buyback 0 shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Analysts Set New Price Targets

Several research firms have recently commented on OSB. Shore Capital Group reiterated a "buy" rating on shares of OSB Group in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft lowered OSB Group to a "hold" rating and upped their target price for the company from GBX 650 to GBX 660 in a research note on Friday, January 23rd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, OSB Group presently has an average rating of "Moderate Buy" and a consensus target price of GBX 631.

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.

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