WSFS Financial Corp (NASDAQ: WSFS) is 1.86% higher on its value in year-to-date trading and has touched a low of $40.19 and a high of $62.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WSFS stock was last observed hovering at around $53.44 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $54.12, the stock is 2.04% and -3.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 1.27% at the moment leaves the stock 7.38% off its SMA200. WSFS registered 24.16% gain for a year compared to 6-month gain of -1.62%. The firm has a 50-day simple moving average (SMA 50) of $56.2172 and a 200-day simple moving average (SMA200) of $50.4015.
The stock witnessed a -6.82% loss in the last 1 month and extending the period to 3 months gives it a 3.48%, and is 7.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.69% over the week and 3.20% over the month.
WSFS Financial Corp (WSFS) has around 2229 employees, a market worth around $3.19B and $1.41B in sales. Current P/E ratio is 12.36 and Fwd P/E is 12.70. Profit margin for the company is 18.69%. Distance from 52-week low is 34.64% and -13.75% from its 52-week high. The company has generated returns on investments over the last 12 months (6.74%).
The EPS is expected to shrink by -6.34% this year.
WSFS Financial Corp (WSFS) Top Institutional Holders
347.0 institutions hold shares in WSFS Financial Corp (WSFS), with institutional investors hold 92.82% of the company’s shares. The shares outstanding are 59.03M, and float is at 58.22M with Short Float at 2.27%. Institutions hold 91.82% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.61 million shares valued at $404.52 million. The investor’s holdings represent 14.2611% of the WSFS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.14 million shares valued at $335.8 million to account for 11.8384 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.9 million shares representing 6.4675% and valued at over $183.45 million, while FRANKLIN RESOURCES INC holds 5.0216 of the shares totaling 3.03 million with a market value of $142.44 million.
WSFS Financial Corp (WSFS) Insider Activity
The most recent transaction is an insider sale by Hopkins Jamie Patrick, the company’s Executive Vice President. SEC filings show that Hopkins Jamie Patrick sold 8,090 shares of the company’s common stock on Nov 06 ’24 at a price of $57.75 per share for a total of $0.47 million. Following the sale, the insider now owns 10143.0 shares.
WSFS Financial Corp disclosed in a document filed with the SEC on Jul 30 ’24 that BACCI ARTHUR J (Executive Vice President) sold a total of 8,609 shares of the company’s common stock. The trade occurred on Jul 30 ’24 and was made at $56.51 per share for $0.49 million. Following the transaction, the insider now directly holds 22315.0 shares of the WSFS stock.
Still, SEC filings show that on Jul 30 ’24, Clark Stephen P (EVP) disposed off 12,663 shares at an average price of $56.52 for $0.72 million. The insider now directly holds 25,671 shares of WSFS Financial Corp (WSFS).
