Insider Buying: Kristine A. Rappe Acquires 4,600 Shares of Waterstone Financial Stock (WSBF)
Waterstone Financial (NASDAQ:WSBF) Director Kristine A. Rappe purchased 4,600 shares of Waterstone Financial stock on the open market in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average cost of $10.75 per share, for a total transaction of $49,450.00. Following the purchase, the director now directly owns 9,318 shares of the company’s stock, valued at approximately $100,169. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Waterstone Financial (NASDAQ:WSBF) opened at 10.86 on Friday. Waterstone Financial has a 1-year low of $7.3824 and a 1-year high of $10.89. The stock has a 50-day moving average of $10.60 and a 200-day moving average of $10.43. The company has a market cap of $372.1 million and a price-to-earnings ratio of 31.12.
Waterstone Financial, Inc (NASDAQ:WSBF) and its subsidiaries, including WaterStone Bank, is engaged in attracting deposits from the general public in the areas surrounding its eight banking offices and nine automated teller machines (ATM), including stand-alone ATM facilities, located in Milwaukee, Washington and Waukesha counties, Wisconsin.
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