M3 Wealth Management LLC Takes $732,000 Position in Winchester Bancorp, Inc. $WSBK

M3 Wealth Management LLC acquired a new stake in Winchester Bancorp, Inc. (NASDAQ:WSBK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 70,000 shares of the company’s stock, valued at approximately $732,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC acquired a new position in Winchester Bancorp in the 2nd quarter worth about $188,000. Raymond James Financial Inc. acquired a new position in Winchester Bancorp in the 2nd quarter worth about $179,000. Bank of America Corp DE acquired a new position in Winchester Bancorp in the 2nd quarter worth about $91,000. Mangrove Partners IM LLC raised its holdings in Winchester Bancorp by 10.6% in the 3rd 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 period. Finally, M3F Inc. raised its holdings in Winchester Bancorp by 39.2% in the 3rd quarter. M3F Inc. now owns 82,552 shares of the company’s stock worth $788,000 after purchasing an additional 23,229 shares during the period.

Insider Buying and Selling

In other news, Director Stephen Harry Boodakian bought 2,500 shares of Winchester Bancorp stock in a transaction on Friday, May 1st. The stock was acquired at an average price of $12.93 per share, with a total value of $32,325.00. Following the completion of the acquisition, the director directly owned 2,500 shares of the company’s stock, valued at $32,325. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Ingalls Snow III bought 6,110 shares of Winchester Bancorp stock in a transaction on Tuesday, May 5th. The shares were purchased at an average cost of $12.87 per share, with a total value of $78,635.70. Following the acquisition, the director directly owned 18,610 shares of the company’s stock, valued at approximately $239,510.70. The trade was a 48.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 10,385 shares of company stock valued at $133,661 in the last three months. Insiders own 4.20% of the company’s stock.

Analyst Upgrades and Downgrades

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

Winchester Bancorp Stock Up 0.5%

WSBK stock opened at $12.74 on Wednesday. The stock has a market capitalization of $118.48 million and a P/E ratio of 35.39. The firm has a 50-day simple moving average of $12.82 and a 200-day simple moving average of $11.66. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.23. Winchester Bancorp, Inc. has a 52 week low of $8.76 and a 52 week high of $13.39.

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

Winchester Bancorp 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.