Old Second Bancorp Inc. (OSBC) Vice Chairman Gary S. Collins Purchase 1,000 Shares

Old Second Bancorp Inc. (OSBC) Vice Chairman Gary S. Collins Purchase 1,000 Shares

Old Second Bancorp Inc. (NASDAQ:OSBC) Vice Chairman Gary S. Collins acquired 1,000 shares of Old Second Bancorp stock in a transaction dated Wednesday, March 22nd. The shares were acquired at an average cost of $10.50 per share, with a total value of $10,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gary S. Collins also recently made the following trade(s):

Shares of Old Second Bancorp Inc. (NASDAQ:OSBC) traded up 1.93% during trading on Thursday, reaching $10.55. 16,174 shares of the company traded hands. Old Second Bancorp Inc. has a 12 month low of $6.37 and a 12 month high of $11.64. The company has a 50-day moving average of $10.95 and a 200-day moving average of $9.63. The stock has a market capitalization of $311.82 million, a PE ratio of 19.91 and a beta of 1.67.

Institutional investors have recently modified their holdings of the stock. Geneva Advisors LLC bought a new position in shares of Old Second Bancorp during the third quarter valued at $101,000. Oxford Asset Management bought a new position in shares of Old Second Bancorp during the fourth quarter valued at $117,000. Acrospire Investment Management LLC boosted its position in shares of Old Second Bancorp by 66.5% in the third quarter. Acrospire Investment Management LLC now owns 17,450 shares of the financial services provider’s stock valued at $145,000 after buying an additional 6,967 shares during the period. A.R.T. Advisors LLC bought a new position in shares of Old Second Bancorp during the fourth quarter valued at $168,000. Finally, Federated Investors Inc. PA boosted its position in shares of Old Second Bancorp by 31.5% in the fourth quarter. Federated Investors Inc. PA now owns 26,193 shares of the financial services provider’s stock valued at $289,000 after buying an additional 6,277 shares during the period. Institutional investors and hedge funds own 68.37% of the company’s stock.

A number of research firms have recently commented on OSBC. TheStreet raised shares of Old Second Bancorp from a “c+” rating to a “b-” rating in a report on Wednesday, February 8th. Zacks Investment Research raised shares of Old Second Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, March 15th.

About Old Second Bancorp

Old Second Bancorp, Inc is a bank holding company for the Old Second National Bank (the Bank). The Company conducts a full service community banking and trust business through its subsidiaries. It operates in the community banking segment. The Company provides financial services through its approximately 20 banking locations that are located primarily in Aurora, Illinois, and its surrounding communities and throughout the Chicago metropolitan area.

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