Insider Buying: Winchester Bancorp (NASDAQ:WSBK) Director Acquires $78,635.70 in Stock

Winchester Bancorp, Inc. (NASDAQ:WSBK) Director John Ingalls Snow III purchased 6,110 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average cost of $12.87 per share, with a total value of $78,635.70. Following the completion of the purchase, the director owned 18,610 shares of the company’s stock, valued at approximately $239,510.70. This represents a 48.88% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

John Ingalls Snow III also recently made the following trade(s):

• On Thursday, May 7th, John Ingalls Snow III acquired 1,725 shares of Winchester Bancorp stock. The shares were bought at an average price of $12.79 per share, for a total transaction of $22,062.75.

Winchester Bancorp Price Performance

WSBK stock opened at $12.76 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.14 and a quick ratio of 1.14. The company’s 50-day moving average is $12.89 and its 200-day moving average is $11.37. The stock has a market capitalization of $118.67 million and a PE ratio of 35.44. Winchester Bancorp, Inc. has a 1 year low of $8.76 and a 1 year high of $13.39.

Winchester Bancorp (NASDAQ:WSBK) last issued its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter. Winchester Bancorp had a return on equity of 1.93% and a net margin of 4.56%.The business had revenue of $6.66 million during the quarter.

Hedge Funds Weigh In On Winchester Bancorp

A number of hedge funds have recently added to or reduced their stakes in the stock. Mangrove Partners IM LLC raised its stake in shares of Winchester Bancorp by 10.6% in the third quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock worth $1,785,000 after purchasing an additional 17,851 shares during the last quarter. M3F Inc. grew its holdings in Winchester Bancorp by 39.2% during the third quarter. M3F Inc. now owns 82,552 shares of the company’s stock worth $788,000 after buying an additional 23,229 shares in the last quarter. M3 Wealth Management LLC bought a new stake in Winchester Bancorp during the fourth quarter worth $732,000. Integrated Wealth Concepts LLC raised its position in Winchester Bancorp by 3.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock valued at $596,000 after buying an additional 2,000 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in Winchester Bancorp in the 4th quarter valued at $277,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Winchester Bancorp in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.