Edward Merritt Purchases 915 Shares of Winchester Bancorp (NASDAQ:WSBK) Stock

Winchester Bancorp, Inc. (NASDAQ:WSBK) Director Edward Merritt purchased 915 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of $12.76 per share, for a total transaction of $11,675.40. Following the acquisition, the director owned 20,915 shares in the company, valued at approximately $266,875.40. This trade represents a 4.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Winchester Bancorp Price Performance

WSBK stock opened at $12.68 on Friday. Winchester Bancorp, Inc. has a 1 year low of $8.76 and a 1 year high of $13.39. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50 day moving average price is $12.81 and its 200 day moving average price is $11.70. The firm has a market cap of $117.92 million and a P/E ratio of 35.22.

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

Institutional Investors Weigh In On Winchester Bancorp

Several hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC boosted its holdings in shares of Winchester Bancorp by 3.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock worth $596,000 after purchasing an additional 2,000 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Winchester Bancorp by 10.9% in the 4th quarter. Geode Capital Management LLC now owns 26,502 shares of the company’s stock worth $277,000 after buying an additional 2,606 shares during the period. Renaissance Technologies LLC raised its stake in shares of Winchester Bancorp by 17.0% in the 1st quarter. Renaissance Technologies LLC now owns 31,000 shares of the company’s stock valued at $394,000 after acquiring an additional 4,498 shares during the period. Steward Partners Investment Advisory LLC raised its position in Winchester Bancorp by 77.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company’s stock valued at $200,000 after purchasing an additional 8,377 shares during the period. Finally, Bank of America Corp DE purchased a new position in Winchester Bancorp in the second quarter valued at about $91,000.

Wall Street Analysts Forecast Growth

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

Winchester Bancorp Company Profile

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.