Insider Buying: Winchester Bancorp (NASDAQ:WSBK) Director Acquires 6,110 Shares of Stock

Key Points

  • Director John Ingalls Snow III bought 6,110 shares of WSBK on May 5 at an average price of $12.87, spending about $78,636 and boosting his holding to 18,610 shares (a 48.88% increase) worth roughly $239,511.
  • Company fundamentals and recent results: WSBK trades near $12.65 (50-day/200-day SMAs $12.90/$11.35), has a market cap of ~$117.7M and a P/E of 55, and reported $0.13 EPS on $6.66M revenue with low profitability (net margin 4.56%, ROE 1.93%); analysts’ consensus is currently a "Sell" (Weiss reissued "sell (d-)").
  • Several institutional investors adjusted stakes in Q4—Renaissance Technologies and M3 Wealth initiated positions while Geode and others increased holdings—indicating modest institutional interest.

Winchester Bancorp, Inc. (NASDAQ:WSBK - Get Free Report) Director John Ingalls Snow III purchased 6,110 shares of the business's stock in a transaction on Tuesday, May 5th. The stock was purchased at an average cost of $12.87 per share, for a total transaction of $78,635.70. Following the completion of the acquisition, the director directly owned 18,610 shares of the company's stock, valued at approximately $239,510.70. The trade was a 48.88% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Winchester Bancorp Price Performance

NASDAQ WSBK opened at $12.65 on Thursday. The firm's fifty day simple moving average is $12.90 and its two-hundred day simple moving average is $11.35. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.21. Winchester Bancorp, Inc. has a 12-month low of $8.76 and a 12-month high of $13.39. The firm has a market capitalization of $117.65 million and a P/E ratio of 55.00.

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

Institutional Investors Weigh In On Winchester Bancorp




Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its stake in shares of Winchester Bancorp by 3.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company's stock worth $596,000 after acquiring an additional 2,000 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Winchester Bancorp during the 4th quarter worth about $277,000. Steward Partners Investment Advisory LLC raised its position in shares of Winchester Bancorp by 77.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company's stock worth $200,000 after purchasing an additional 8,377 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Winchester Bancorp by 10.9% during the 4th quarter. Geode Capital Management LLC now owns 26,502 shares of the company's stock worth $277,000 after purchasing an additional 2,606 shares during the last quarter. Finally, M3 Wealth Management LLC acquired a new position in shares of Winchester Bancorp during the 4th quarter worth about $732,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Winchester Bancorp in a report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".

View Our Latest Stock Analysis on WSBK

Winchester Bancorp Company Profile

(Get Free Report)

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.

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