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

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

  • On Wednesday, September 20th, William B. Skoglund sold 700 shares of Old Second Bancorp stock. The stock was sold at an average price of $12.13, for a total transaction of $8,491.00.
  • On Tuesday, September 19th, William B. Skoglund sold 5,450 shares of Old Second Bancorp stock. The stock was sold at an average price of $12.15, for a total transaction of $66,217.50.

Old Second Bancorp, Inc. (OSBC) opened at 12.65 on Friday. Old Second Bancorp, Inc. has a 1-year low of $7.45 and a 1-year high of $12.75. The firm has a market capitalization of $374.78 million, a price-to-earnings ratio of 20.40 and a beta of 1.33. The company has a 50-day moving average of $11.49 and a 200-day moving average of $11.50.

TRADEMARK VIOLATION NOTICE: This piece was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of US & international copyright laws. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/09/22/old-second-bancorp-inc-osbc-ceo-sells-46700-50-in-stock.html.

Several brokerages have recently commented on OSBC. Zacks Investment Research lowered shares of Old Second Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. BidaskClub lowered shares of Old Second Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. DA Davidson began coverage on shares of Old Second Bancorp in a research note on Friday, September 1st. They set a “neutral” rating and a $13.00 price target on the stock. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.00 price target on shares of Old Second Bancorp in a research note on Friday, July 14th. Finally, ValuEngine upgraded shares of Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Old Second Bancorp currently has a consensus rating of “Buy” and a consensus price target of $12.17.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Chicago Equity Partners LLC increased its holdings in Old Second Bancorp by 0.5% during the second quarter. Chicago Equity Partners LLC now owns 54,200 shares of the financial services provider’s stock worth $626,000 after buying an additional 265 shares during the last quarter. ClariVest Asset Management LLC increased its holdings in Old Second Bancorp by 5.4% during the first quarter. ClariVest Asset Management LLC now owns 9,703 shares of the financial services provider’s stock worth $109,000 after buying an additional 496 shares during the last quarter. Rhumbline Advisers increased its holdings in Old Second Bancorp by 2.2% during the second quarter. Rhumbline Advisers now owns 34,251 shares of the financial services provider’s stock worth $396,000 after buying an additional 725 shares during the last quarter. Prudential Financial Inc. increased its holdings in Old Second Bancorp by 7.4% during the first quarter. Prudential Financial Inc. now owns 16,040 shares of the financial services provider’s stock worth $181,000 after buying an additional 1,100 shares during the last quarter. Finally, American International Group Inc. increased its holdings in Old Second Bancorp by 7.1% during the first quarter. American International Group Inc. now owns 17,704 shares of the financial services provider’s stock worth $199,000 after buying an additional 1,175 shares during the last quarter. Institutional investors and hedge funds 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)

Receive News & Stock Ratings for Old Second Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Old Second Bancorp Inc. and related stocks with our FREE daily email newsletter.