Insider Selling: WILKINS CHARLES L, Webster Financial Corp [WBS] Head of HSA Bank divested 5,000 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Webster Financial Corp shares valued at $266,250 were sold by WILKINS CHARLES L on Jun 06 ’25. At $53.25 per share, WILKINS CHARLES L sold 5,000 shares. The insider’s holdings dropped to 31,534 shares worth approximately $1.68 million following the completion of this transaction.

Also, WILKINS CHARLES L purchased 5,000 shares, netting a total of over 266,250 in proceeds.

Before that, Evans Javier L. had sold 7,800 shares from its account. In a trade valued at $410,124, the Chief Human Resources Officer traded Webster Financial Corp shares for $52.58 each. Upon closing the transaction, the insider’s holdings decreased to 7,800 shares, worth approximately $1.06 million.

As published in their initiating research note from Jefferies on May 21, 2025, Webster Financial Corp [WBS] has been a Buy and the price target has been revised to $65. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in mid May. As of January 06, 2025, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for WBS.

Analyzing WBS Stock Performance

During the last five days, there has been a surge of approximately 1.87%. Over the course of the year, Webster Financial Corp shares have dropped approximately -3.48%. Shares of the company reached a 52-week high of $61.65 on 02/07/25 and a 52-week low of $39.43 on 04/04/25.

Support And Resistance Levels for Webster Financial Corp (WBS)

According to the 24-hour chart, there is a support level at 52.77, which, if violated, would cause prices to drop to 52.24. In the upper region, resistance lies at 53.66. The next price resistance is at 54.02. RSI (Relative Strength Index) is 57.45 on the 14-day chart, showing neutral technical sentiment.

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