Wesbanco, Inc [WSBC] Investment Appeal on the Rise

Wesbanco, Inc’s filing revealed that 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 $0.5 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 $4.3 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 Tuesday, Wesbanco, Inc [NASDAQ:WSBC] saw its stock fall -0.89% to $29.97. Over the last five days, the stock has lost -5.62%. Wesbanco, Inc shares have fallen nearly -7.90% since the year began. Nevertheless, the stocks have risen 13.57% over the past one year. While a 52-week high of $37.36 was reached on 02/14/25, a 52-week low of $25.99 was recorded on 04/11/25.

Levels Of Support And Resistance For WSBC Stock

The 24-hour chart illustrates a support level at 29.76, which if violated will result in even more drops to 29.54. On the upside, there is a resistance level at 30.23. A further resistance level may holdings at 30.48.

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.

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