Winchester Bancorp (NASDAQ:WSBK) Director Buys $11,675.40 in Stock

Winchester Bancorp, Inc. (NASDAQ:WSBK) Director Edward Merritt purchased 915 shares of Winchester Bancorp stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of $12.76 per share, with a total value of $11,675.40. Following the completion of the purchase, the director owned 20,915 shares in the company, valued at approximately $266,875.40. This trade represents a 4.58% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Winchester Bancorp Price Performance

Shares of NASDAQ:WSBK traded up $0.03 during trading on Wednesday, reaching $12.77. The company had a trading volume of 37,676 shares, compared to its average volume of 9,496. The firm’s fifty day moving average is $12.82 and its 200 day moving average is $11.66. The firm has a market capitalization of $118.76 million and a PE ratio of 35.47. Winchester Bancorp, Inc. has a twelve month low of $8.76 and a twelve month high of $13.39. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.14 and a current ratio of 1.14.

Winchester Bancorp (NASDAQ:WSBK) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $6.66 million during the quarter. Winchester Bancorp had a net margin of 4.56% and a return on equity of 1.93%.

Institutional Investors Weigh In On Winchester Bancorp

A number of large investors have recently made changes to their positions in WSBK. Bank of America Corp DE acquired a new stake in shares of Winchester Bancorp during the second quarter valued at approximately $91,000. Raymond James Financial Inc. acquired a new stake in shares of Winchester Bancorp during the second quarter valued at approximately $179,000. Geode Capital Management LLC acquired a new stake in shares of Winchester Bancorp during the second quarter valued at approximately $188,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Winchester Bancorp by 77.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company’s stock valued at $200,000 after acquiring an additional 8,377 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in shares of Winchester Bancorp during the fourth quarter valued at approximately $277,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Winchester Bancorp in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Winchester Bancorp currently has a consensus rating of “Sell”.

Winchester Bancorp Company Profile

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.