Old Second Bancorp, Inc. (OSBC) Director John Ladowicz Sells 8,450 Shares of Stock

Old Second Bancorp, Inc. (NASDAQ:OSBC) Director John Ladowicz sold 8,450 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $12.11, for a total transaction of $102,329.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

John Ladowicz also recently made the following trade(s):

  • On Tuesday, September 19th, John Ladowicz sold 10,350 shares of Old Second Bancorp stock. The stock was sold at an average price of $12.15, for a total transaction of $125,752.50.
  • On Monday, September 18th, John Ladowicz sold 9,550 shares of Old Second Bancorp stock. The stock was sold at an average price of $12.14, for a total transaction of $115,937.00.

Old Second Bancorp, Inc. (NASDAQ OSBC) remained flat at $12.55 during mid-day trading on Friday. 72,477 shares of the company traded hands. The company has a 50 day moving average of $11.49 and a 200-day moving average of $11.50. Old Second Bancorp, Inc. has a 52 week low of $7.45 and a 52 week high of $12.75. The stock has a market cap of $371.82 million, a PE ratio of 20.24 and a beta of 1.33.

COPYRIGHT VIOLATION WARNING: “Old Second Bancorp, Inc. (OSBC) Director John Ladowicz Sells 8,450 Shares of Stock” was first published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US and international copyright and trademark laws. The original version of this piece of content can be read at https://sportsperspectives.com/2017/09/22/old-second-bancorp-inc-osbc-director-john-ladowicz-sells-8450-shares-of-stock.html.

Several analysts have issued reports on the stock. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $11.00 price objective on shares of Old Second Bancorp in a research note on Friday, July 14th. Zacks Investment Research raised shares of Old Second Bancorp from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Wednesday, August 2nd. BidaskClub raised shares of Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. 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 for the company. Finally, ValuEngine raised shares of Old Second Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $12.17.

Several large investors have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its position in shares of Old Second Bancorp by 38.3% during the 1st quarter. Wellington Management Group LLP now owns 2,167,385 shares of the financial services provider’s stock worth $24,384,000 after purchasing an additional 600,525 shares during the period. Vanguard Group Inc. boosted its position in shares of Old Second Bancorp by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 978,261 shares of the financial services provider’s stock worth $11,299,000 after purchasing an additional 10,520 shares during the period. Renaissance Technologies LLC boosted its position in shares of Old Second Bancorp by 8.2% during the 1st quarter. Renaissance Technologies LLC now owns 721,200 shares of the financial services provider’s stock worth $8,114,000 after purchasing an additional 54,900 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Old Second Bancorp by 2.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 579,229 shares of the financial services provider’s stock worth $6,690,000 after purchasing an additional 12,093 shares during the period. Finally, State Street Corp boosted its position in shares of Old Second Bancorp by 18.5% during the 2nd quarter. State Street Corp now owns 507,780 shares of the financial services provider’s stock worth $5,864,000 after purchasing an additional 79,413 shares during the period. 65.55% of the stock is owned by hedge funds and other institutional investors.

About Old Second Bancorp

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

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply