Old Second Bancorp, Inc. (OSBC) Scheduled to Post Earnings on Tuesday
Old Second Bancorp, Inc. (NASDAQ:OSBC) is set to release its earnings data after the market closes on Tuesday, October 17th.
Old Second Bancorp, Inc. (NASDAQ:OSBC) opened at 13.25 on Friday. The company has a market capitalization of $392.56 million, a price-to-earnings ratio of 21.37 and a beta of 1.38. The company’s 50-day moving average price is $12.31 and its 200 day moving average price is $11.79. Old Second Bancorp, Inc. has a 52-week low of $7.45 and a 52-week high of $13.55.
OSBC has been the topic of a number of recent research reports. Zacks Investment Research downgraded Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.50 price objective on shares of Old Second Bancorp in a research report on Tuesday, October 3rd. BidaskClub upgraded Old Second Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. Finally, DA Davidson initiated coverage on Old Second Bancorp in a research report on Friday, September 1st. They set a “neutral” rating and a $13.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $12.17.
In related news, Director Edward Bonifas acquired 3,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were acquired at an average cost of $11.58 per share, for a total transaction of $34,740.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Ladowicz sold 8,450 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $12.11, for a total value of $102,329.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have acquired 5,550 shares of company stock worth $62,594 and have sold 50,350 shares worth $609,088. Corporate insiders own 3.60% of the company’s stock.
About Old Second Bancorp
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