WesBanco Inc. (NASDAQ:WSBC) Director Charlotte A. Zuschlag sold 20,000 shares of the business’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $38.00, for a total value of $760,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of WesBanco Inc. (NASDAQ:WSBC) opened at 38.14 on Wednesday. The stock has a market cap of $1.67 billion, a P/E ratio of 17.30 and a beta of 0.78. The stock has a 50 day moving average price of $33.51 and a 200-day moving average price of $32.18. WesBanco Inc. has a 52 week low of $26.93 and a 52 week high of $39.45.

WesBanco (NASDAQ:WSBC) last posted its quarterly earnings results on Tuesday, October 25th. The financial services provider reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.57 by $0.13. WesBanco had a net margin of 24.20% and a return on equity of 7.72%. During the same period last year, the firm earned $0.58 earnings per share. Equities analysts predict that WesBanco Inc. will post $2.20 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for WesBanco (NASDAQ:WSBC)

A number of hedge funds have recently bought and sold shares of the stock. Integrated Investment Consultants LLC boosted its stake in WesBanco by 18.6% in the third quarter. Integrated Investment Consultants LLC now owns 3,168 shares of the financial services provider’s stock worth $103,000 after buying an additional 497 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in WesBanco by 142.1% in the third quarter. BNP Paribas Arbitrage SA now owns 3,372 shares of the financial services provider’s stock worth $111,000 after buying an additional 1,979 shares in the last quarter. Victory Capital Management Inc. boosted its stake in WesBanco by 77.5% in the second quarter. Victory Capital Management Inc. now owns 4,071 shares of the financial services provider’s stock worth $126,000 after buying an additional 1,778 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in WesBanco by 26.8% in the second quarter. Teacher Retirement System of Texas now owns 5,385 shares of the financial services provider’s stock worth $167,000 after buying an additional 1,137 shares in the last quarter. Finally, Strs Ohio boosted its stake in WesBanco by 1,325.0% in the second quarter. Strs Ohio now owns 5,700 shares of the financial services provider’s stock worth $176,000 after buying an additional 5,300 shares in the last quarter. Institutional investors own 52.79% of the company’s stock.

Several analysts have weighed in on WSBC shares. FBR & Co set a $32.00 price target on WesBanco and gave the company a “hold” rating in a research note on Thursday, July 21st. Zacks Investment Research downgraded WesBanco from a “hold” rating to a “sell” rating in a research note on Saturday, July 23rd.

WesBanco Company Profile

WesBanco, Inc (WesBanco) is a bank holding company. The Company offers a range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking and insurance. WesBanco offers its services through two segments: community banking, which offers services by full-service commercial banks, including commercial demand, individual demand and time deposit accounts, as well as commercial, mortgage and individual installment loans, and certain non-traditional offerings, such as insurance and securities brokerage services, and trust and investment services, which offers trust services, as well as various alternative investment products, including mutual funds.

5 Day Chart for NASDAQ:WSBC

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