Insider Buying: Winchester Bancorp (NASDAQ:WSBK) Director Acquires $11,675.40 in Stock

Winchester Bancorp, Inc. (NASDAQ:WSBK) Director Edward Merritt bought 915 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was bought at an average price of $12.76 per share, for a total transaction of $11,675.40. Following the completion of the purchase, the director owned 20,915 shares of the company’s stock, valued at approximately $266,875.40. The trade was a 4.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Winchester Bancorp Stock Up 0.2%

WSBK opened at $12.70 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.23. The stock has a market cap of $118.05 million and a price-to-earnings ratio of 35.28. Winchester Bancorp, Inc. has a twelve month low of $8.76 and a twelve month high of $13.39. The company’s 50-day moving average price is $12.81 and its two-hundred day moving average price is $11.71.

Winchester Bancorp (NASDAQ:WSBK) last released its earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter. The firm 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%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Winchester Bancorp in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of Winchester Bancorp

Institutional investors have recently modified their holdings of the business. M3 Wealth Management LLC purchased a new stake in shares of Winchester Bancorp during the 4th quarter valued at approximately $732,000. Mangrove Partners IM LLC lifted its stake in shares of Winchester Bancorp by 10.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock valued at $1,785,000 after buying an additional 17,851 shares in the last quarter. M3F Inc. lifted its stake in shares of Winchester Bancorp by 39.2% during the 3rd quarter. M3F Inc. now owns 82,552 shares of the company’s stock valued at $788,000 after buying an additional 23,229 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Winchester Bancorp during the 4th quarter valued at approximately $277,000. Finally, Integrated Wealth Concepts LLC lifted 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 valued at $596,000 after buying an additional 2,000 shares in 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.