Old Second Bancorp, Inc. (OSBC) CEO William B. Skoglund Sells 3,850 Shares

Old Second Bancorp, Inc. (NASDAQ:OSBC) CEO William B. Skoglund sold 3,850 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $12.13, for a total value of $46,700.50. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Old Second Bancorp, Inc. (NASDAQ OSBC) opened at 12.15 on Wednesday. The firm has a market capitalization of $359.97 million, a price-to-earnings ratio of 19.60 and a beta of 1.33. Old Second Bancorp, Inc. has a one year low of $7.45 and a one year high of $12.75. The stock’s 50 day moving average price is $11.49 and its 200 day moving average price is $11.50.

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A number of brokerages have commented on OSBC. Zacks Investment Research upgraded Old Second Bancorp from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Saturday, September 9th. DA Davidson began coverage on Old Second Bancorp in a report on Friday, September 1st. They set a “neutral” rating and a $13.00 price target for the company. BidaskClub upgraded Old Second Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $11.50 price target on shares of Old Second Bancorp in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $12.17.

Institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP boosted its position in shares of Old Second Bancorp by 38.3% during the first quarter. Wellington Management Group LLP now owns 2,167,385 shares of the financial services provider’s stock worth $24,384,000 after buying an additional 600,525 shares during the period. Seizert Capital Partners LLC acquired a new position in shares of Old Second Bancorp during the second quarter worth about $3,639,000. AJO LP boosted its position in shares of Old Second Bancorp by 71.7% during the second quarter. AJO LP now owns 397,493 shares of the financial services provider’s stock worth $4,591,000 after buying an additional 165,968 shares during the period. OxFORD Asset Management LLP boosted its position in shares of Old Second Bancorp by 126.9% during the second quarter. OxFORD Asset Management LLP now owns 174,656 shares of the financial services provider’s stock worth $2,017,000 after buying an additional 97,683 shares during the period. Finally, Mckinley Capital Management LLC Delaware acquired a new position in shares of Old Second Bancorp during the second quarter worth about $1,031,000. Institutional investors own 65.55% of the company’s stock.

Old Second Bancorp Company Profile

Insider Buying and Selling by Quarter for Old Second Bancorp (NASDAQ:OSBC)

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