Washington Trust Bancorp Inc (WASH): Victor J Ii Orsinger , director of Washington Trust Bancorp Inc sold 1,000 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $35.15 per share for a total value of $35,152.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 30, 2015, David V Devault (Vice Chair, Secretary and CFO) sold 3,640 shares at $41.10 per share price.On Nov 23, 2015, Stephen M Bessette (EVP Retail Lending) sold 3,800 shares at $39.75 per share price.Also, On Nov 13, 2015, Katherine W Hoxsie (director) sold 2,000 shares at $40.88 per share price.On Oct 30, 2015, Elizabeth B Eckel (SVP Marketing) sold 568 shares at $39.84 per share price.
Washington Trust Bancorp: On Monday, May 16, 2016 heightened volatility was witnessed in Washington Trust Bancorp which led to swings in the share price. The shares opened for trading at $35.02 and hit $35.8 on the upside , eventually ending the session at $35.68, with a gain of 1.94% or 0.68 points. The heightened volatility saw the trading volume jump to 63,297 shares. The 52-week high of the share price is $42.25 and the company has a market cap of $609 M . The 52-week low of the share price is at $34.76.
Washington Trust Bancorp Inc. (the Bancorp) is a bank holding company and financial holding company. The Company operates in two segments: Commercial Banking and Wealth Management Services. Commercial Banking segment includes commercial residential and consumer lending activities; equity in losses of unconsolidated investments in real estate limited partnerships mortgage banking secondary market and loan servicing activities; deposit generation; merchant credit card services; cash management activities and direct banking activities which include the operation of automated teller machine (ATMs) telephone and Internet banking services and customer support and sales. Wealth Management Services includes investment management; financial planning; personal trust services including services as trustee administrator custodian and guardian and estate settlement. Institutional trust services are also provided including fiduciary services.