Insider Selling: Wellesley Bancorp, Inc. (WEBK) VP Sells 1,000 Shares of Stock
Wellesley Bancorp, Inc. (NASDAQ:WEBK) VP Eloise C. Thibault sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $26.20, for a total transaction of $26,200.00. Following the transaction, the vice president now owns 1,000 shares of the company’s stock, valued at $26,200. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Eloise C. Thibault also recently made the following trade(s):
- On Monday, June 12th, Eloise C. Thibault sold 550 shares of Wellesley Bancorp stock. The shares were sold at an average price of $26.26, for a total transaction of $14,443.00.
Wellesley Bancorp, Inc. (NASDAQ WEBK) traded up 0.000% during trading on Thursday, reaching $26.055. 19 shares of the company’s stock traded hands. The stock has a market capitalization of $61.59 million and a P/E ratio of 19.144. The company has a 50-day moving average of $27.09 and a 200 day moving average of $27.14. Wellesley Bancorp, Inc. has a 12 month low of $20.86 and a 12 month high of $28.25.
Wellesley Bancorp (NASDAQ:WEBK) last issued its quarterly earnings results on Thursday, July 27th. The bank reported $0.38 earnings per share for the quarter. Wellesley Bancorp had a net margin of 11.82% and a return on equity of 5.92%. The company had revenue of $5.98 million during the quarter.
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An institutional investor recently raised its position in Wellesley Bancorp stock. Seizert Capital Partners LLC increased its stake in Wellesley Bancorp, Inc. (NASDAQ:WEBK) by 5.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,547 shares of the bank’s stock after buying an additional 518 shares during the period. Seizert Capital Partners LLC owned about 0.45% of Wellesley Bancorp worth $292,000 at the end of the most recent quarter.
About Wellesley Bancorp
Wellesley Bancorp, Inc is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses. It attracts deposits from the general public and uses those funds to originate residential mortgage loans, commercial real estate loans and construction loans, and, to a lesser extent, commercial business loans, home equity lines of credit and other consumer loans.
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