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. Wesbanco, Inc shares valued at $8,498 were purchased by STEMLER KERRY M on May 22 ’25. At $30.90 per share, STEMLER KERRY M acquired 275 shares. The insider’s holdings grew to 16,656 shares worth approximately $0.53 million following the completion of this transaction.
Also, STEMLER KERRY M purchased 270 shares, netting a total of over 8,343 in proceeds. Following the buying of shares at $30.90 each, the insider now holds 109,356 shares.
Before that, Clossin Todd had sold 5,000 shares from its account. In a trade valued at $180,407, the Director traded Wesbanco, Inc shares for $36.08 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $4.55 million.
Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early February. As of December 06, 2024, Raymond James has increased its “an Outperform” rating to a “Strong buy” for WSBC. Earlier on July 29, 2024, Hovde Group resumed its rating. Their recommendation was “an Outperform” for WSBC stock.
Analyzing WSBC Stock Performance
During the last five days, there has been a surge of approximately 4.11%. Over the course of the year, Wesbanco, Inc shares have dropped approximately -2.58%. Shares of the company reached a 52-week high of $37.18 on 02/14/25 and a 52-week low of $26.42 on 04/11/25.
Support And Resistance Levels for Wesbanco, Inc (WSBC)
According to the 24-hour chart, there is a support level at 31.48, which, if violated, would cause prices to drop to 31.26. In the upper region, resistance lies at 31.97. The next price resistance is at 32.24. RSI (Relative Strength Index) is 58.00 on the 14-day chart, showing neutral technical sentiment.
