LONDON (ShareCast) - (ShareCast News) - A group of OneSavings Bank directors missed out on thousands of pounds in the challenger bank as they sold just before its shares were lifted 7% by a broker upgrade on Tuesday.
Commercial director Jens Bech sold more than £861,000 worth at 313p on Monday, while chief financial officer April Talintyre sold 200,000 shares at the same price to pocket £626,502 before costs.

Sales and marketing director John Eastgate's wife Christine sold 200,022 shares and chief operating officer Clive Kornitzer's spouse Katharine offloaded 147,054 shares all at the same price.

But shares in the lender were up more than 7% to 338.8p by Tuesday afternoon as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform'.

Analysts said their downgrade of the stock to 'sector perform' last month was premature and based on overly conservative estimates: "Now, based upon our increased forecasts and price target, we believe the shares are once again set to outperform."



Top Director Buys

Motorpoint Group (MOTR)
Director name: Hurst,Gordon M
Amount purchased: 40,000 @ 125.00p
Value: £50,000.00

Paysafe Group (PAYS)
Director name: Jones ,Dennis
Amount purchased: 10,000 @ 364.68p
Value: £36,468.00

Urban&civic (UANC)
Director name: Barlow ,Ian
Amount purchased: 10,000 @ 210.00p
Value: £21,000.00

Future (FUTR)
Director name: Ladkin-Brand,Penny
Amount purchased: 119,331 @ 12.61p
Value: £15,047.64

Intermediate Capital Group (ICP)
Director name: Purves,Kathryn
Amount purchased: 2,237 @ 669.90p
Value: £14,985.66

Future (FUTR)
Director name: Ladkin-Brand,Penny
Amount purchased: 121,815 @ 12.21p
Value: £14,873.61

Nahl Group (NAH)
Director name: Atkinson,John Russell
Amount purchased: 10,000 @ 140.00p
Value: £14,000.00

Nahl Group (NAH)
Director name: Dolton,Stephen
Amount purchased: 10,000 @ 140.00p
Value: £14,000.00

Nahl Group (NAH)
Director name: Dolton,Stephen
Amount purchased: 10,000 @ 140.00p
Value: £14,000.00

S&u (SUS)
Director name: Smith,Keith R
Amount purchased: 350 @ 2,000.00p
Value: £7,000.00

Personal Assets Trust (PNL)
Director name: Sharp,Jean
Amount purchased: 7 @ 39,800.00p
Value: £2,786.00

Personal Assets Trust (PNL)
Director name: Sharp,Jean
Amount purchased: 6 @ 38,940.00p
Value: £2,336.40

Personal Assets Trust (PNL)
Director name: Angus,Robin John
Amount purchased: 3 @ 38,940.00p
Value: £1,168.20

Personal Assets Trust (PNL)
Director name: Sharp,Jean
Amount purchased: 3 @ 38,625.00p
Value: £1,158.75

Aberdeen Asian Smaller Companies Investment Trust (AAS)
Director name: Fukuda,Haruko
Amount purchased: 39 @ 919.00p
Value: £358.41

Marshalls (MSLH)
Director name: Clarke,Jack
Amount purchased: 50 @ 302.30p
Value: £151.15

Marshalls (MSLH)
Director name: Coffey,Martyn
Amount purchased: 50 @ 302.30p
Value: £151.15

Close Brothers Group (CBG)
Director name: Yarrow,Philip
Amount purchased: 11 @ 1,367.00p
Value: £150.37

Close Brothers Group (CBG)
Director name: Etherington,Rebekah
Amount purchased: 10 @ 1,367.00p
Value: £136.70



Top Director Sells

Onesavings Bank (OSB)
Director name: Talintyre ,April
Amount sold: 200,000 @ 313.25p
Value: £626,499.99

Nichols (NICL)
Director name: Croston,Tim
Amount sold: 393 @ 1,580.00p
Value: £6,209.40

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