Old Second Bancorp, Inc. (NASDAQ:OSBC) CEO William B. Skoglund sold 5,450 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $12.15, for a total value of $66,217.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

William B. Skoglund also recently made the following trade(s):

  • On Monday, September 18th, William B. Skoglund sold 3,850 shares of Old Second Bancorp stock. The stock was sold at an average price of $12.13, for a total value of $46,700.50.

Old Second Bancorp, Inc. (OSBC) traded up 0.41% on Wednesday, reaching $12.20. The company had a trading volume of 61,046 shares. The firm has a 50-day moving average of $11.49 and a 200-day moving average of $11.50. Old Second Bancorp, Inc. has a 12 month low of $7.45 and a 12 month high of $12.75. The stock has a market capitalization of $361.45 million, a P/E ratio of 19.68 and a beta of 1.33.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Chicago Equity Partners LLC increased its holdings in Old Second Bancorp by 0.5% in the 2nd quarter. Chicago Equity Partners LLC now owns 54,200 shares of the financial services provider’s stock valued at $626,000 after purchasing an additional 265 shares in the last quarter. ClariVest Asset Management LLC increased its holdings in Old Second Bancorp by 5.4% in the 1st quarter. ClariVest Asset Management LLC now owns 9,703 shares of the financial services provider’s stock valued at $109,000 after purchasing an additional 496 shares in the last quarter. Rhumbline Advisers increased its holdings in Old Second Bancorp by 2.2% in the 2nd quarter. Rhumbline Advisers now owns 34,251 shares of the financial services provider’s stock valued at $396,000 after purchasing an additional 725 shares in the last quarter. Prudential Financial Inc. increased its holdings in Old Second Bancorp by 7.4% in the 1st quarter. Prudential Financial Inc. now owns 16,040 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 1,100 shares in the last quarter. Finally, American International Group Inc. increased its holdings in Old Second Bancorp by 7.1% in the 1st quarter. American International Group Inc. now owns 17,704 shares of the financial services provider’s stock valued at $199,000 after purchasing an additional 1,175 shares in the last quarter. Hedge funds and other institutional investors own 65.55% of the company’s stock.

OSBC has been the subject of several analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and set a $11.00 target price on shares of Old Second Bancorp in a research note on Thursday, June 1st. ValuEngine raised Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut Old Second Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Finally, BidaskClub raised Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Old Second Bancorp currently has an average rating of “Buy” and a consensus target price of $12.17.

About Old Second Bancorp

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