GSA Capital Partners LLP purchased a new position in Weis Markets, Inc. (NYSE:WMK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,177 shares of the company’s stock, valued at approximately $1,052,000. GSA Capital Partners LLP owned about 0.09% of Weis Markets at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its stake in shares of Weis Markets by 8.8% in the second quarter. Russell Investments Group Ltd. now owns 2,980 shares of the company’s stock worth $145,000 after acquiring an additional 240 shares during the last quarter. Airain ltd acquired a new stake in shares of Weis Markets in the second quarter worth approximately $248,000. Citadel Advisors LLC acquired a new stake in shares of Weis Markets in the second quarter worth approximately $256,000. Trexquant Investment LP acquired a new stake in shares of Weis Markets in the third quarter worth approximately $269,000. Finally, Yorktown Management & Research Co Inc acquired a new stake in shares of Weis Markets in the third quarter worth approximately $272,000. 31.89% of the stock is currently owned by hedge funds and other institutional investors.

Separately, TheStreet lowered Weis Markets from a “b-” rating to a “c” rating in a research note on Friday, December 8th.

Weis Markets, Inc. (WMK) opened at $42.42 on Monday. The firm has a market capitalization of $1,150.00, a price-to-earnings ratio of 15.04 and a beta of 0.69. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.80 and a current ratio of 1.91. Weis Markets, Inc. has a 12 month low of $31.26 and a 12 month high of $68.88.

Weis Markets (NYSE:WMK) last released its quarterly earnings data on Friday, November 3rd. The company reported $0.16 earnings per share for the quarter. The company had revenue of $854.26 million for the quarter. Weis Markets had a return on equity of 8.13% and a net margin of 2.16%.

In related news, Director Edward John Lauth III acquired 2,000 shares of the stock in a transaction on Tuesday, November 7th. The shares were bought at an average price of $34.77 per share, with a total value of $69,540.00. Following the completion of the purchase, the director now owns 5,000 shares of the company’s stock, valued at approximately $173,850. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jonathan H. Weis acquired 10,000 shares of the stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $34.79 per share, for a total transaction of $347,900.00. Following the purchase, the insider now directly owns 1,228,766 shares of the company’s stock, valued at approximately $42,748,769.14. The disclosure for this purchase can be found here. Insiders have acquired 12,600 shares of company stock worth $438,104 in the last three months. 26.90% of the stock is currently owned by corporate insiders.

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Weis Markets Profile

Weis Markets, Inc is engaged principally in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products.

Institutional Ownership by Quarter for Weis Markets (NYSE:WMK)

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