The EVP of Wsfs Financial (NASDAQ: WSFS) is Selling Shares

By Carrie Williams

Today, the EVP of Wsfs Financial (WSFSResearch Report), Richard Wright, sold shares of WSFS for $165.6K.

In addition to Richard Wright, one other WSFS executive reported Sell trades in the last month.

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Based on Wsfs Financial’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $162 million and quarterly net profit of $65.08 million. In comparison, last year the company earned revenue of $157 million and had a net profit of $10.93 million. The company has a one-year high of $55.18 and a one-year low of $21.78. Currently, Wsfs Financial has an average volume of 393.84K.

Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $53.00, reflecting a -2.0% downside.

The insider sentiment on Wsfs Financial has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Richard Wright’s trades have generated a -11.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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WSFS Financial Corp. is a savings and loan holding company, which engages in the provision of banking and financial services. It operates through the following business segments: WSFS Bank, Cash Connect, and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers. The Cash Connect segment offers ATM vault cash, cash safe, and other cash logistics services. The Wealth Management segment focuses in array of fiduciary, investment management, credit, and deposit products to clients. The company was founded in 1832 and is headquartered in Wilmington, DE.