WesBanco (NASDAQ:WSBC) CFO Robert Young sold 3,334 shares of WesBanco stock in a transaction that occured on Friday, August 9th. The stock was sold at an average price of $29.50, for a total transaction of $98,353.00. Following the sale, the chief financial officer now directly owns 5,515 shares in the company. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
WSBC has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of WesBanco from $26.00 to $33.00 in a research note to investors on Friday, July 26th. Separately, analysts at Janney Montgomery Scott raised their price target on shares of WesBanco to $32.00 in a research note to investors on Thursday, July 25th. They now have a “buy” rating on the stock. Finally, analysts at Boenning Scattergood downgraded shares of WesBanco from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 24th. They noted that the move was a valuation call.
Shares of WesBanco (NASDAQ:WSBC) traded up 0.37% during mid-day trading on Monday, hitting $29.55. WesBanco has a 52 week low of $19.75 and a 52 week high of $30.55. The stock’s 50-day moving average is currently $28.31. The company has a market cap of $865.3 million and a P/E ratio of 14.17.
WesBanco, Inc (NASDAQ:WSBC) is a bank holding company.
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