WesBanco (NASDAQ:WSBC) Director Buys $100,800.00 in Stock

April 25, 2026 by InsiderTrades.com

Key Points

Lee Burdman, a WesBanco director, purchased 3,000 shares at $33.60 on April 23 for $100,800, boosting his holding 6.85% to 46,772 shares valued at about $1.57M—an insider buy that can signal confidence.
WesBanco reported Q1 EPS of $0.91 versus $0.86 expected, but revenue fell 3.1% year-over-year and management highlighted commercial real estate (CRE) exposure, creating mixed investor sentiment.
The company pays a $0.38 quarterly dividend (annualized $1.52) for roughly a 4.5% yield, and analysts hold an overall Buy consensus with a $39.60 average price target.

WesBanco, Inc. (NASDAQ:WSBC - Get Free Report) Director Lee Burdman purchased 3,000 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The stock was bought at an average cost of $33.60 per share, for a total transaction of $100,800.00. Following the completion of the purchase, the director directly owned 46,772 shares in the company, valued at $1,571,539.20. This represents a 6.85% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

WesBanco Price Performance

NASDAQ:WSBC opened at $34.02 on Friday. WesBanco, Inc. has a 12 month low of $28.74 and a 12 month high of $38.10. The stock has a 50 day moving average of $34.82 and a two-hundred day moving average of $33.85. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40. The firm has a market cap of $3.27 billion, a P/E ratio of 10.97 and a beta of 0.74.

WesBanco (NASDAQ:WSBC - Get Free Report) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.05. The business had revenue of $257.23 million during the quarter, compared to analysts' expectations of $264.52 million. WesBanco had a return on equity of 9.83% and a net margin of 21.12%.The business's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.66 earnings per share. On average, analysts expect that WesBanco, Inc. will post 3.65 earnings per share for the current fiscal year.

WesBanco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 6th were paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, March 6th. WesBanco's dividend payout ratio is currently 49.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Piper Sandler lowered their target price on shares of WesBanco from $42.00 to $40.00 and set an "overweight" rating on the stock in a research note on Thursday. DA Davidson reiterated a "buy" rating and issued a $41.00 target price on shares of WesBanco in a research report on Wednesday. Weiss Ratings raised shares of WesBanco from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, March 12th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and set a $41.00 price objective on shares of WesBanco in a research note on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $39.60.

Check Out Our Latest Report on WesBanco

Key Stories Impacting WesBanco

Here are the key news stories impacting WesBanco this week:

Positive Sentiment: Two directors increased holdings via open-market buys (Lee J. Burdman: 3,000 shares at ~$33.60; Louis Michael Altman: 3,000 shares at ~$33.72). Insider purchases often signal confidence in the bank’s outlook and can support sentiment. Burdman Form 4 Altman Form 4
Positive Sentiment: DA Davidson reiterated a "Buy" rating on WSBC, which can bolster demand from institutional and retail investors looking for analyst-backed ideas. DA Davidson Reiterates Buy
Positive Sentiment: WesBanco named Nathan Jones as Senior EVP and Chief Risk Officer effective April 27 — a governance/controls hire that should reassure investors focused on credit and CRE risk management. Press Release
Neutral Sentiment: Reported short interest data appears to show 0 shares/0 days (likely a reporting glitch or stale data) — no meaningful short-squeeze signal from the published number.
Negative Sentiment: Q1 earnings showed EPS outperformance but revenue declined and management flagged CRE exposure — investors are parsing profit beats against potential credit risks in commercial real estate. Earnings Call Highlights
Negative Sentiment: Coverage and headlines calling out CRE risks and explaining why WSBC is falling amplify selling pressure and may be causing today’s weakness. TipRanks: CRE Risks MSN: Why WSBC Is Falling

Hedge Funds Weigh In On WesBanco

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bayview Asset Management LLC increased its stake in WesBanco by 0.4% during the 4th quarter. Bayview Asset Management LLC now owns 80,300 shares of the financial services provider's stock worth $2,669,000 after buying an additional 300 shares during the period. GAMMA Investing LLC lifted its holdings in WesBanco by 41.1% during the 4th quarter. GAMMA Investing LLC now owns 1,113 shares of the financial services provider's stock worth $37,000 after buying an additional 324 shares in the last quarter. Corient Private Wealth LLC boosted its position in WesBanco by 0.7% in the 4th quarter. Corient Private Wealth LLC now owns 50,414 shares of the financial services provider's stock valued at $1,677,000 after buying an additional 357 shares during the period. True Wealth Design LLC boosted its position in WesBanco by 77.9% in the 3rd quarter. True Wealth Design LLC now owns 877 shares of the financial services provider's stock valued at $28,000 after buying an additional 384 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of WesBanco by 1.6% in the third quarter. IFP Advisors Inc now owns 24,864 shares of the financial services provider's stock worth $794,000 after acquiring an additional 385 shares in the last quarter. Institutional investors and hedge funds own 61.41% of the company's stock.

WesBanco Company Profile

(Get Free Report)

WesBanco, Inc is a bank holding company headquartered in Wheeling, West Virginia, offering a full range of community banking services through its principal subsidiary, WesBanco Bank, Inc The company serves individual consumers, small‐ to mid‐sized businesses, nonprofit organizations and governmental entities with a relationship‐driven approach and an emphasis on local decision‐making. Through its diversified platform, WesBanco provides core banking functions such as deposit accounts, commercial and consumer lending, mortgage banking, treasury management and electronic banking services.

In addition to traditional banking products, WesBanco offers specialized services including trust and wealth management, investment advisory and insurance solutions.