WesBanco (NASDAQ:WSBC) Director Denise Knouse-Snyder Sells 3,070 Shares

August 25, 2026 by InsiderTrades.com

Key Points

Director Denise Knouse-Snyder sold 3,070 WesBanco shares at an average price of $40.89, generating $125,532.30. Her remaining stake fell 16.96% to 15,035 shares.
WesBanco reported quarterly EPS of $0.92, beating estimates of $0.85, while revenue of $275.79 million also exceeded expectations. The company has authorized a buyback of up to 4 million shares.
The bank declared a quarterly dividend of $0.38 per share, equal to a $1.52 annualized payout and a 3.7% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $43.20.

WesBanco, Inc. (NASDAQ:WSBC - Get Free Report) Director Denise Knouse-Snyder sold 3,070 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $40.89, for a total transaction of $125,532.30. Following the sale, the director owned 15,035 shares of the company's stock, valued at $614,781.15. This trade represents a 16.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

WesBanco Stock Performance

NASDAQ WSBC opened at $40.73 on Tuesday. The firm has a market cap of $3.91 billion, a P/E ratio of 11.84 and a beta of 0.67. WesBanco, Inc. has a 52-week low of $29.57 and a 52-week high of $43.02. The business's 50-day moving average price is $40.13 and its 200 day moving average price is $36.74. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.43.

WesBanco (NASDAQ:WSBC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. WesBanco had a return on equity of 9.72% and a net margin of 23.35%.The firm had revenue of $275.79 million during the quarter, compared to the consensus estimate of $267.71 million. On average, equities research analysts expect that WesBanco, Inc. will post 3.57 earnings per share for the current year.

WesBanco announced that its board has approved a stock buyback program on Wednesday, May 20th that authorizes the company to buyback 4,000,000 shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

WesBanco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 4th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, September 4th. WesBanco's dividend payout ratio is 44.19%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in WesBanco by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 9,819,476 shares of the financial services provider's stock valued at $326,399,000 after acquiring an additional 224,107 shares during the period. BlackRock Inc. acquired a new position in shares of WesBanco during the 2nd quarter worth $363,992,000. Dimensional Fund Advisors LP grew its stake in shares of WesBanco by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,451,344 shares of the financial services provider's stock worth $188,013,000 after purchasing an additional 59,077 shares during the period. California State Teachers Retirement System increased its holdings in shares of WesBanco by 3,993.7% in the 2nd quarter. California State Teachers Retirement System now owns 4,278,352 shares of the financial services provider's stock valued at $166,984,000 after purchasing an additional 4,173,842 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of WesBanco by 0.4% in the second quarter. State Street Corp now owns 3,663,315 shares of the financial services provider's stock valued at $117,109,000 after purchasing an additional 14,147 shares during the period. Hedge funds and other institutional investors own 61.41% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WSBC. Weiss Ratings reiterated a "buy (b)" rating on shares of WesBanco in a research report on Monday, August 3rd. DA Davidson set a $46.00 target price on shares of WesBanco in a research note on Thursday, July 23rd. Royal Bank Of Canada boosted their price target on shares of WesBanco from $41.00 to $44.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 23rd. Piper Sandler increased their price target on shares of WesBanco from $40.00 to $43.00 and gave the stock an "overweight" rating in a report on Friday, June 26th. Finally, Keefe, Bruyette & Woods restated a "market perform" rating and issued a $42.00 price objective on shares of WesBanco in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, WesBanco has a consensus rating of "Moderate Buy" and an average target price of $43.20.

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About WesBanco

(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.