Rep. Michael A. Rulli Unloads Shares of WesBanco, Inc. (NASDAQ:WSBC)

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of WesBanco, Inc. (NASDAQ:WSBC). In a filing disclosed on October 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in WesBanco stock on October 16th. The trade occurred in the Representative’s “MERRILL LYNCH ROTH IRA” account.

Representative Michael A. Rulli also recently made the following trade(s):

  • Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOG) on 10/16/2026.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/28/2026.
  • Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 9/3/2026.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 9/3/2026.
  • Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
  • Sold $1,001 – $15,000 in shares of Allstate (NYSE:ALL) on 8/12/2026.
  • Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
  • Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.

WesBanco Stock Up 0.1%

WSBC stock opened at $37.65 on Thursday. WesBanco, Inc. has a fifty-two week low of $29.57 and a fifty-two week high of $43.02. The business’s 50 day moving average price is $39.26 and its two-hundred day moving average price is $37.85. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 0.94. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 10.94 and a beta of 0.69.

WesBanco (NASDAQ:WSBC – Get Free Report) last released its earnings results on Wednesday, October 21st. The financial services provider reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.01. WesBanco had a return on equity of 9.72% and a net margin of 23.35%. The company had revenue of $272.74 million during the quarter, compared to analysts’ expectations of $274.88 million. As a group, analysts forecast that WesBanco, Inc. will post 3.57 earnings per share for the current fiscal year.

WesBanco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Friday, September 4th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, September 4th. WesBanco’s payout ratio is presently 44.19%.

WesBanco News Roundup

Here are the key news stories impacting WesBanco this week:

  • Positive Sentiment: WesBanco reported third-quarter EPS of $0.89, ahead of consensus estimates ranging from $0.87 to $0.88. The bank also highlighted strong annualized loan growth, a solid efficiency ratio and accelerating expansion in targeted markets—signs of improving operating momentum. WesBanco Q3 Earnings Surpass Estimates
  • Positive Sentiment: WesBanco Bank received its ninth “Outstanding” FDIC Community Reinvestment Act rating, reinforcing the company’s reputation for community lending and service. While not an immediate earnings catalyst, the recognition supports the bank’s franchise and regulatory standing. WesBanco Bank Earns Ninth Outstanding FDIC Community Reinvestment Act Rating
  • Neutral Sentiment: Quarterly revenue increased to $272.74 million, but net revenue was below analysts’ $274.88 million expectation. The modest shortfall limits the positive impact of the EPS beat. WesBanco misses Q3 2026 sales expectations
  • Negative Sentiment: Adjusted earnings declined to $0.89 per share from $0.94 a year earlier. Although the result surpassed estimates, the year-over-year decrease signals pressure on profitability and offsets some of the benefit from the earnings beat. WesBanco Q3 Adjusted Earnings Fall, Revenue Rises

Analyst Ratings Changes

WSBC has been the subject of several recent research reports. Wall Street Zen lowered WesBanco from a “hold” rating to a “sell” rating in a research report on Saturday, October 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $44.00 target price on shares of WesBanco in a research report on Monday, September 14th. Raymond James Financial lowered shares of WesBanco from a “strong-buy” rating to a “market perform” rating in a research note on Tuesday, October 6th. DA Davidson set a $46.00 price target on shares of WesBanco in a research note on Thursday, July 23rd. Finally, Piper Sandler lowered their price target on shares of WesBanco from $46.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, October 6th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $43.60.

Get Our Latest Analysis on WesBanco

Insider Activity at WesBanco

In other news, EVP Jan Pattishall-Krupinski sold 2,500 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $41.91, for a total transaction of $104,775.00. Following the completion of the sale, the executive vice president directly owned 33,484 shares of the company’s stock, valued at approximately $1,403,314.44. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Robert H. Friend sold 6,000 shares of WesBanco stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $42.06, for a total value of $252,360.00. Following the completion of the sale, the executive vice president owned 17,361 shares of the company’s stock, valued at $730,203.66. The trade was a 25.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 35,195 shares of company stock valued at $1,465,800 in the last 90 days. 2.07% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sound Income Strategies LLC raised its holdings in WesBanco by 42.2% in the 3rd quarter. Sound Income Strategies LLC now owns 143,059 shares of the financial services provider’s stock worth $5,287,000 after acquiring an additional 42,428 shares during the last quarter. GAMMA Investing LLC increased its position in shares of WesBanco by 39.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,546 shares of the financial services provider’s stock valued at $95,000 after purchasing an additional 714 shares during the last quarter. Tidal Investments LLC purchased a new stake in WesBanco during the second quarter valued at approximately $621,000. Integrated Wealth Concepts LLC purchased a new stake in WesBanco in the second quarter worth about $177,000. Finally, Allworth Financial LP raised its position in shares of WesBanco by 40.1% during the 2nd quarter. Allworth Financial LP now owns 6,280 shares of the financial services provider’s stock valued at $245,000 after purchasing an additional 1,799 shares during the period. Institutional investors own 61.41% of the company’s stock.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

WesBanco Company Profile

(Get Free Report)

WesBanco, Inc (NASDAQ: WSBC) is a regional financial services holding company headquartered in Wheeling, West Virginia. Through its principal subsidiary, WesBanco Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, personal and corporate credit services, mortgage banking and other traditional banking products.

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