Insider Selling: OSB Group Plc (LON:OSB) Insider Sells 12,143 Shares of Stock

OSB Group Plc (LON:OSB) insider Andy Golding sold 12,143 shares of the company’s stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of GBX 427 ($5.67), for a total transaction of £51,850.61 ($68,794.76).

Andy Golding also recently made the following trade(s):

• On Tuesday, March 25th, Andy Golding sold 5,399 shares of OSB Group stock. The stock was sold at an average price of GBX 449 ($5.96), for a total value of £24,241.51 ($32,163.34).
• On Thursday, March 20th, Andy Golding sold 27,324 shares of OSB Group stock. The stock was sold at an average price of GBX 464 ($6.16), for a total transaction of £126,783.36 ($168,214.62).

OSB Group Price Performance

LON OSB opened at GBX 436.64 ($5.79) on Friday. The company has a 50 day simple moving average of GBX 428.71 and a 200-day simple moving average of GBX 403.51. The firm has a market capitalization of £1.61 billion, a price-to-earnings ratio of 4.35 and a beta of 1.41. OSB Group Plc has a 52-week low of GBX 343.60 ($4.56) and a 52-week high of GBX 533.50 ($7.08).

OSB Group (LON:OSB) last announced its quarterly earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.09) earnings per share (EPS) for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. On average, analysts predict that OSB Group Plc will post 85.1214128 EPS for the current year.

OSB Group Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 3rd were given a GBX 22.90 ($0.30) dividend. This represents a yield of 4.99%. The ex-dividend date of this dividend was Thursday, April 3rd. OSB Group’s dividend payout ratio is 32.89%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of OSB Group in a report on Friday, March 14th.

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.