Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Old Second Bancorp (OSBC) Share Price

Media stories about Old Second Bancorp (NASDAQ:OSBC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Old Second Bancorp earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.2065194416222 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Several equities analysts have recently weighed in on OSBC shares. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $11.00 price target on shares of Old Second Bancorp in a research report on Friday, July 14th. DA Davidson started coverage on Old Second Bancorp in a research report on Friday, September 1st. They issued a “neutral” rating and a $13.00 price target for the company. BidaskClub cut Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research cut Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $12.17.

Old Second Bancorp (NASDAQ OSBC) traded down 0.75% during midday trading on Thursday, reaching $13.30. The company had a trading volume of 57,957 shares. Old Second Bancorp has a 52 week low of $7.45 and a 52 week high of $13.55. The firm has a 50-day moving average price of $12.24 and a 200-day moving average price of $11.76. The company has a market capitalization of $394.04 million, a price-to-earnings ratio of 21.45 and a beta of 1.38.

In other Old Second Bancorp news, CEO William B. Skoglund sold 5,450 shares of the 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edward Bonifas purchased 3,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was acquired at an average price of $11.58 per share, with a total value of $34,740.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 5,550 shares of company stock worth $62,594 and sold 50,350 shares worth $609,088. 3.60% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Media Coverage So

Several equities analysts have recently weighed in on OSBC shares. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $11.00 price target on shares of Old Second Bancorp in a research report on Friday, July 14th. DA Davidson started coverage on Old Second Bancorp in a research report on Friday, September 1st. They issued a “neutral” rating and a $13.00 price target for the company. BidaskClub cut Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research cut Old Second Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $12.17.

Old Second Bancorp (NASDAQ OSBC) traded down 0.75% during midday trading on Thursday, reaching $13.30. The company had a trading volume of 57,957 shares. Old Second Bancorp has a 52 week low of $7.45 and a 52 week high of $13.55. The firm has a 50-day moving average price of $12.24 and a 200-day moving average price of $11.76. The company has a market capitalization of $394.04 million, a price-to-earnings ratio of 21.45 and a beta of 1.38.

In other Old Second Bancorp news, CEO William B. Skoglund sold 5,450 shares of the 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edward Bonifas purchased 3,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was acquired at an average price of $11.58 per share, with a total value of $34,740.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 5,550 shares of company stock worth $62,594 and sold 50,350 shares worth $609,088. 3.60% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Old Second Bancorp (OSBC) Share Price” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright laws. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/12/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-old-second-bancorp-osbc-share-price.html.

Old Second Bancorp Company Profile

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

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