Winchester Bancorp (NASDAQ:WSBK) Shares Down 0.5% – What’s Next?

Winchester Bancorp, Inc. (NASDAQ:WSBK) was down 0.5% during trading on Thursday . The stock traded as low as $12.79 and last traded at $12.87. 7,157 shares traded hands during trading, an increase of 14% from the average daily volume of 6,270 shares. The stock had previously closed at $12.94.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Winchester Bancorp from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Winchester Bancorp Stock Performance

The stock’s 50-day moving average price is $12.83 and its 200-day moving average price is $12.17. The company has a market capitalization of $119.69 million and a price-to-earnings ratio of 35.75. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.14 and a current ratio of 1.14.

Winchester Bancorp (NASDAQ:WSBK) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $6.66 million for the quarter. Winchester Bancorp had a return on equity of 1.93% and a net margin of 4.56%.

Insider Buying and Selling at Winchester Bancorp

In other news, Director Stephen Harry Boodakian bought 2,500 shares of the stock in a transaction on Friday, May 1st. The shares were bought at an average price of $12.93 per share, with a total value of $32,325.00. Following the completion of the acquisition, the director owned 2,500 shares of the company’s stock, valued at approximately $32,325. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Ingalls Snow III purchased 6,110 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of $12.87 per share, with a total value of $78,635.70. Following the transaction, the director owned 18,610 shares of the company’s stock, valued at approximately $239,510.70. This represents a 48.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have purchased 11,300 shares of company stock valued at $145,336. 4.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Winchester Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in the business. M3 Wealth Management LLC purchased a new position in Winchester Bancorp during the 4th quarter valued at about $732,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Winchester Bancorp by 3.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock valued at $596,000 after purchasing an additional 2,000 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Winchester Bancorp in the fourth quarter valued at about $277,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Winchester Bancorp by 77.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company’s stock valued at $200,000 after purchasing an additional 8,377 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Winchester Bancorp by 10.9% in the fourth quarter. Geode Capital Management LLC now owns 26,502 shares of the company’s stock valued at $277,000 after purchasing an additional 2,606 shares during the last quarter.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.