Insider Selling: WesBanco (NASDAQ:WSBC) EVP Sells $283,250.00 in Stock

Posted by Francis Steltz on Jul 31st, 2026

WesBanco, Inc. (NASDAQ:WSBC – Get Free Report) EVP Kimberly Griffith sold 6,875 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $41.20, for a total value of $283,250.00. Following the sale, the executive vice president owned 15,858 shares of the company’s stock, valued at approximately $653,349.60. This trade represents a 30.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

WesBanco Trading Down 0.8%

WesBanco stock opened at $41.57 on Friday. The business has a 50-day simple moving average of $37.80 and a two-hundred day simple moving average of $35.90. The company has a market cap of $4.00 billion, a P/E ratio of 12.08 and a beta of 0.67. WesBanco, Inc. has a 52-week low of $29.18 and a 52-week high of $42.21. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.43.

WesBanco (NASDAQ:WSBC – Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. WesBanco had a net margin of 23.35% and a return on equity of 9.72%. The firm had revenue of $275.79 million during the quarter, compared to analyst estimates of $267.71 million. Analysts predict that WesBanco, Inc. will post 3.57 EPS for the current year.

WesBanco announced that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that allows the company to buyback 4,000,000 shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

WesBanco Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 5th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Friday, June 5th. WesBanco’s dividend payout ratio is currently 44.19%.

Hedge Funds Weigh In On WesBanco

A number of hedge funds have recently made changes to their positions in WSBC. Vanguard Group Inc. grew its position in shares of WesBanco by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 9,819,476 shares of the financial services provider’s stock worth $326,399,000 after purchasing an additional 224,107 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in WesBanco by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,451,344 shares of the financial services provider’s stock worth $188,013,000 after purchasing an additional 59,077 shares in the last quarter. State Street Corp lifted its holdings in WesBanco by 0.4% in the 2nd quarter. State Street Corp now owns 3,663,315 shares of the financial services provider’s stock worth $117,109,000 after purchasing an additional 14,147 shares in the last quarter. Wellington Management Group LLP boosted its stake in WesBanco by 13.7% in the 4th quarter. Wellington Management Group LLP now owns 2,764,222 shares of the financial services provider’s stock worth $91,883,000 after purchasing an additional 332,585 shares during the period. Finally, Geode Capital Management LLC boosted its stake in WesBanco by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 2,356,011 shares of the financial services provider’s stock worth $78,325,000 after purchasing an additional 15,673 shares during the period. Institutional investors own 61.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WSBC shares. Weiss Ratings raised shares of WesBanco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. DA Davidson set a $46.00 target price on WesBanco in a report on Thursday, July 23rd. Piper Sandler lifted their target price on WesBanco from $40.00 to $43.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. Zacks Research upgraded WesBanco from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Royal Bank Of Canada boosted their price target on WesBanco from $41.00 to $44.00 and gave the company a “sector perform” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $43.20.

Check Out Our Latest Analysis on WSBC

About WesBanco

(Get Free Report)

WesBanco, Inc is a bank holding company headquartered in Wheeling, West Virginia, offering a full range of community banking services through its principal subsidiary, WesBanco Bank, Inc The company serves individual consumers, small‐ to mid‐sized businesses, nonprofit organizations and governmental entities with a relationship‐driven approach and an emphasis on local decision‐making. Through its diversified platform, WesBanco provides core banking functions such as deposit accounts, commercial and consumer lending, mortgage banking, treasury management and electronic banking services.

In addition to traditional banking products, WesBanco offers specialized services including trust and wealth management, investment advisory and insurance solutions.