Today, the EVP – Treasury of WesBanco Inc (NASDAQ: WSBC), Brent Richmond, sold shares of WSBC for $182.7K.
Following Brent Richmond’s last WSBC Sell transaction on August 25, 2017, the stock climbed by 10.1%. In addition to Brent Richmond, one other WSBC executive reported Sell trades in the last month.
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Based on WesBanco Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $122 million and quarterly net profit of $33.17 million. In comparison, last year the company earned revenue of $104 million and had a net profit of $26.34 million. WSBC’s market cap is $2.15B and the company has a P/E ratio of 18.98. Currently, WesBanco Inc has an average volume of 66.49K.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $49.50, reflecting a 6.9% upside.
The insider sentiment on WesBanco Inc has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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WesBanco, Inc. is a bank holding company. It offers financial services including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. The company operates through the following segments: Community Banking, and Trust & Investment Services.
