In a filing, WSFS Financial Corp. revealed its Executive Vice President BACCI ARTHUR J unloaded Company’s shares for reported $0.75 million on Jan 29 ’24. In the deal valued at $46.79 per share,15,992 shares were sold. As a result of this transaction, BACCI ARTHUR J now holds 20,990 shares worth roughly $0.88 million.
Then, Ward Patrick Joseph sold 2,227 shares, generating $92,412 in total proceeds. Upon selling the shares at $41.50, the Executive Vice President now owns 139,186 shares.
Before that, DONAHUE MICHAEL J sold 3,148 shares. WSFS Financial Corp. shares valued at $126,864 were divested by the Director at a price of $40.30 per share. As a result of the transaction, DONAHUE MICHAEL J now holds 11,495 shares, worth roughly $0.48 million.
DA Davidson upgraded its WSFS Financial Corp. [WSFS] rating to a Buy from a a Neutral in a research note published on June 26, 2023; the price target was increased to $45 from $38. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early April with a ‘”an Overweight”‘ rating. Piper Sandler also remained covering WSFS and has decreased its forecast on February 01, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Janney started covering the stock on December 01, 2022. It rated WSFS as “a Buy”.
Price Performance Review of WSFS
On Tuesday, WSFS Financial Corp. [NASDAQ:WSFS] saw its stock fall -1.16% to $41.88. Over the last five days, the stock has lost -6.68%. WSFS Financial Corp. shares have fallen nearly -8.82% since the year began. Nevertheless, the stocks have risen 14.15% over the past one year. While a 52-week high of $47.97 was reached on 01/30/24, a 52-week low of $29.59 was recorded on 02/13/24. SMA at 50 days reached $42.79, while 200 days put it at $40.98. A total of 0.25 million shares were traded, compared to the trading of 0.18 million shares in the previous session.
Levels Of Support And Resistance For WSFS Stock
The 24-hour chart illustrates a support level at 41.41, which if violated will result in even more drops to 40.94. On the upside, there is a resistance level at 42.27. A further resistance level may holdings at 42.67. The Relative Strength Index (RSI) on the 14-day chart is 42.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.81%. Stochastics %K at 20.68% indicates the stock is a holding.
