The President & CEO of WesBanco Inc (WSBC) is Buying Shares

Today, the President & CEO of WesBanco Inc (WSBC), Todd Clossin, bought shares of WSBC for $273.5K.

Following Todd Clossin’s last WSBC Buy transaction on February 06, 2014, the stock climbed by 12.9%. Following this transaction Todd Clossin’s holding in the company was increased by 13.3% to a total of $2.34 million.

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Based on WesBanco Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $144 million and quarterly net profit of $37.35 million. In comparison, last year the company earned revenue of $134 million and had a net profit of $32.49 million. The company has a one-year high of $43.88 and a one-year low of $33.19. WSBC’s market cap is $2B and the company has a P/E ratio of 12.16.

The insider sentiment on WesBanco Inc has been neutral according to 39 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Todd Clossin’s trades have generated a -4.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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