Insider Buying: OSB Group (LON:OSB) Insider Purchases £50,500 in Stock

OSB Group Plc (LON:OSB) insider Simon Walker acquired 10,000 shares of OSB Group stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of GBX 505 per share, with a total value of £50,500.

OSB Group Trading Down 0.9%

Shares of LON OSB traded down GBX 4.44 during midday trading on Tuesday, hitting GBX 503.56. The company’s stock had a trading volume of 1,226,199 shares, compared to its average volume of 3,478,854. The firm has a market capitalization of £1.72 billion, a price-to-earnings ratio of 6.84 and a beta of 1.05. The stock has a fifty day moving average price of GBX 535.14 and a 200 day moving average price of GBX 549.18. OSB Group Plc has a one year low of GBX 479 and a one year high of GBX 647.50.

OSB Group (LON:OSB) last released its quarterly earnings data on Thursday, August 6th. The company reported GBX 38.80 EPS for the quarter. OSB Group had a net margin of 15.28% and a return on equity of 13.06%. On average, equities research analysts predict that OSB Group Plc will post 85.1214128 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 680 price target on shares of OSB Group in a research report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 667.80.

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.