Yesterday, the EVP-Chief Human Resources Off of Webster Financial (WBS), Bernard Garrigues, bought shares of WBS for $145.6K.
Following this transaction Bernard Garrigues’ holding in the company was increased by 17.87% to a total of $814.7K. In addition to Bernard Garrigues, 11 other WBS executives reported Buy trades in the last month.
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Based on Webster Financial’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $353 million and quarterly net profit of $90.47 million. In comparison, last year the company earned revenue of $350 million and had a net profit of $98.63 million. The company has a one-year high of $58.25 and a one-year low of $41.28. Currently, Webster Financial has an average volume of 531.26K.
In the last 30 days, insiders have sold $142.1K worth of WBS shares and purchased $3.04M worth of WBS shares. The insider sentiment on Webster Financial has been neutral according to 50 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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Webster Financial Corp. operates as a holding company for Webster Bank NA. It engages in providing financial services to individuals, families and businesses. It offers equipment financing, commercial real estate lending and asset-based lending services.
