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MarketBeat
Business
Thomas Hughes

WesBanco Insiders Signal Confidence With Coordinated Buys

WesBanco MarketBeat

WesBanco (NASDAQ: WSBC) insiders signal alignment and a high degree of confidence with coordinated purchases completed in September.

The data tracked by InsiderTrades reveals that 12 insiders, including the CEO, CFO, an EVP, and numerous directors, purchased shares of this bank in open-market transactions totaling more than $1.4 million on Sept. 17. The amount of purchasing equates to a multiyear high in insider activity and brings their holdings to over 2.8% of the stock. 

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