State of Alaska Department of Revenue Sells 9,056 Shares of WSFS Financial Corporation $WSFS

State of Alaska Department of Revenue lessened its position in WSFS Financial Corporation (NASDAQ:WSFS – Free Report) by 46.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,544 shares of the bank’s stock after selling 9,056 shares during the quarter. State of Alaska Department of Revenue’s holdings in WSFS Financial were worth $796,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP lifted its position in WSFS Financial by 30.4% during the 2nd quarter. Allworth Financial LP now owns 609 shares of the bank’s stock worth $47,000 after acquiring an additional 142 shares during the last quarter. Root Financial Partners LLC boosted its holdings in WSFS Financial by 92.4% during the first quarter. Root Financial Partners LLC now owns 431 shares of the bank’s stock valued at $28,000 after acquiring an additional 207 shares during the period. GAMMA Investing LLC grew its position in shares of WSFS Financial by 10.6% in the third quarter. GAMMA Investing LLC now owns 2,669 shares of the bank’s stock valued at $202,000 after purchasing an additional 255 shares during the last quarter. Sippican Capital Advisors grew its position in shares of WSFS Financial by 4.2% in the first quarter. Sippican Capital Advisors now owns 11,089 shares of the bank’s stock valued at $726,000 after purchasing an additional 451 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its stake in shares of WSFS Financial by 4.1% in the first quarter. Glenmede Trust Co. NA now owns 12,804 shares of the bank’s stock worth $838,000 after purchasing an additional 503 shares during the period. Institutional investors own 88.49% of the company’s stock.

Insider Transactions at WSFS Financial

In related news, Director Michael Donahue sold 3,247 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $79.46, for a total value of $258,006.62. Following the completion of the sale, the director owned 11,495 shares in the company, valued at approximately $913,392.70. This trade represents a 22.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Shari Kruzinski sold 3,500 shares of WSFS Financial stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $81.74, for a total value of $286,090.00. Following the sale, the executive vice president directly owned 15,207 shares in the company, valued at approximately $1,243,020.18. This trade represents a 18.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Keefe, Bruyette & Woods boosted their price objective on WSFS Financial from $83.00 to $89.00 and gave the stock a “market perform” rating in a research report on Monday, July 27th. Stephens lowered WSFS Financial from an “overweight” rating to an “equal weight” rating and set a $87.00 target price on the stock. in a report on Wednesday, August 12th. Weiss Ratings raised WSFS Financial from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, August 31st. TD Cowen dropped their price target on WSFS Financial from $92.00 to $89.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Finally, Piper Sandler reiterated a “neutral” rating and set a $90.00 price target (up from $80.00) on shares of WSFS Financial in a report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $84.07.

Read Our Latest Stock Analysis on WSFS Financial

Key WSFS Financial News

Here are the key news stories impacting WSFS Financial this week:

  • Positive Sentiment: WSFS reported third-quarter 2026 EPS of $1.75, above the roughly $1.61–$1.62 analyst consensus and up from $1.37 a year earlier. Net income rose to $89.3 million from $76.4 million, signaling solid earnings growth. WSFS Financial Tops Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Underlying operating trends were constructive: net interest income reached $196.6 million, wealth and trust fee revenue increased 30% year over year, and gross loans and leases grew 5% to $13.7 billion. The bank also reported a 3.88% net interest margin and 1.58% return on average assets. WSFS Reports Third-Quarter EPS and Net Income
  • Positive Sentiment: Capital returns added support, with WSFS repurchasing $59.6 million of common stock and approving a quarterly dividend of $0.20 per share, payable November 20, 2026. Client deposits totaled $18.4 billion at quarter-end.
  • Neutral Sentiment: Total revenue was $287.6 million, up 6.3% year over year but slightly below the approximately $289.8 million analyst estimate. This indicates growth remained healthy, though the top-line result was not a full beat. WSFS Q3 Key Metrics Compared With Estimates
  • Neutral Sentiment: WSFS also announced five upgraded branches, a development that may improve customer service and market presence but is unlikely to materially affect near-term results. WSFS Unveils Five Upgraded Branches
  • Negative Sentiment: All four reported WSFS insider transactions over the past six months were sales, including sales by CEO Rodger Levenson. Insider selling can weigh on investor sentiment, although it does not necessarily indicate a change in the company’s outlook. WSFS Insider Trading Activity

WSFS Financial Price Performance

Shares of WSFS Financial stock opened at $77.51 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.84. WSFS Financial Corporation has a fifty-two week low of $50.79 and a fifty-two week high of $82.94. The firm has a fifty day moving average price of $78.00 and a two-hundred day moving average price of $75.75. The company has a market cap of $3.96 billion, a PE ratio of 12.93 and a beta of 0.84.

WSFS Financial (NASDAQ:WSFS – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The bank reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.13. WSFS Financial had a net margin of 23.34% and a return on equity of 11.71%. The company had revenue of $287.57 million for the quarter, compared to analyst estimates of $289.82 million. During the same period last year, the business posted $1.37 EPS. The business’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts expect that WSFS Financial Corporation will post 6.59 EPS for the current year.

WSFS Financial Profile

(Free Report)

WSFS Financial Corporation is the financial holding company for WSFS Bank, a full-service community banking institution headquartered in Wilmington, Delaware. Founded in 1832, WSFS is one of the oldest and largest locally managed banks in the Delaware Valley.

WSFS Bank provides a range of banking services for individuals, families, businesses and institutions. Its offerings include checking and savings accounts, consumer lending, residential mortgages, commercial loans, treasury and cash-management services, and online and mobile banking.

See Also

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Institutional Ownership by Quarter for WSFS Financial (NASDAQ:WSFS)

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