In a filing, Wesbanco, Inc revealed its Director STEMLER KERRY M acquired Company’s shares for reported $8498.0 on May 22 ’25. In the deal valued at $30.90 per share,275 shares were bought. As a result of this transaction, STEMLER KERRY M now holds 16,656 shares worth roughly $0.53 million.
Then, STEMLER KERRY M bought 270 shares, generating $8,343 in total proceeds. Upon buying the shares at $30.90, the Director now owns 109,356 shares.
Before that, Clossin Todd sold 5,000 shares. Wesbanco, Inc shares valued at $180,407 were divested by the Director at a price of $36.08 per share. As a result of the transaction, Clossin Todd now holds 143,547 shares, worth roughly $4.55 million.
A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early February from “a Mkt perform” to “an Outperform”. Raymond James also remained covering WSBC and has increased its forecast on December 06, 2024 with a “Strong buy” recommendation from previously “an Outperform” rating. Hovde Group maintained its rating on July 29, 2024. It rated WSBC as “an Outperform”.
Price Performance Review of WSBC
On Friday, Wesbanco, Inc [NASDAQ:WSBC] saw its stock fall -0.57% to $31.67. Over the last five days, the stock has gained 5.22%. Wesbanco, Inc shares have risen nearly 19.87% since the year began. Nevertheless, the stocks have fallen -2.67% over the past one year. While a 52-week high of $37.36 was reached on 02/14/25, a 52-week low of $26.42 was recorded on 04/11/25.
Levels Of Support And Resistance For WSBC Stock
The 24-hour chart illustrates a support level at 31.46, which if violated will result in even more drops to 31.24. On the upside, there is a resistance level at 32.02. A further resistance level may holdings at 32.36.
How much short interest is there in Wesbanco, Inc?
A steep rise in short interest was recorded in Wesbanco, Inc stocks on 2025-06-13, dropping by -0.4 million shares to a total of 1.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.32 million shares. There was a decline of -21.05%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 24, 2024 when Hovde Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $34.
