The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. WSFS Financial Corp shares valued at $467,198 were sold by Hopkins Jamie Patrick on Nov 06 ’24. At $57.75 per share, Hopkins Jamie Patrick sold 8,090 shares. The insider’s holdings dropped to 10,143 shares worth approximately $0.53 million following the completion of this transaction.
Also, BACCI ARTHUR J sold 8,609 shares, netting a total of over 486,481 in proceeds. Following the sale of shares at $56.51 each, the insider now holds 22,315 shares.
Before that, Clark Stephen P had sold 12,663 shares from its account. In a trade valued at $715,657, the EVP traded WSFS Financial Corp shares for $56.52 each. Upon closing the transaction, the insider’s holdings decreased to 12,663 shares, worth approximately $1.35 million.
As published in a research note from Janney on October 28, 2024, WSFS Financial Corp [WSFS] has been rated down from a Buy to a Neutral. Analysts at DA Davidson upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late June. As of April 04, 2023, Stephens has initiated its “an Overweight” rating for WSFS. Earlier on February 01, 2023, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for WSFS stock which previously was a “an Overweight”.
Analyzing WSFS Stock Performance
During the last five days, there has been a drop of approximately -1.20%. Over the course of the year, WSFS Financial Corp shares have dropped approximately -1.20%. Shares of the company reached a 52-week high of $54.54 on 01/06/25 and a 52-week low of $51.27 on 01/03/25. A 50-day SMA is recorded $55.84, while a 200-day SMA reached $50.14. Nevertheless, trading volume fell to 0.21 million shares from 0.23 million shares the previous day.
Support And Resistance Levels for WSFS Financial Corp (WSFS)
According to the 24-hour chart, there is a support level at 51.88, which, if violated, would cause prices to drop to 51.28. In the upper region, resistance lies at 52.96. The next price resistance is at 53.44. RSI (Relative Strength Index) is 36.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.34, which suggests the price will decrease in the coming days. Percent R is at 79.60%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
