Waterstone Financial, Inc. (WSBF): William F Bruss , COO General Counsel of Waterstone Financial, Inc. sold 2,500 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $14.16 per share for a total value of $35,393.81 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 9, 2016, Mark Raymond Gerke (CFO) sold 2,000 shares at $14.03 per share price.On Mar 2, 2016, William F Bruss (COO General Counsel) sold 3,200 shares at $14.04 per share price.Also, On Mar 1, 2016, Rebecca M Arndt (Senior Vice President) sold 4,601 shares at $14.15 per share price.
Waterstone Financial: On Tuesday, May 10, 2016 heightened volatility was witnessed in Waterstone Financial which led to swings in the share price. The shares opened for trading at $14.11 and hit $14.25 on the upside , eventually ending the session at $14.19, with a gain of 0.14% or 0.02 points. The heightened volatility saw the trading volume jump to 30,410 shares. The 52-week high of the share price is $14.48 and the company has a market cap of $413 M . The 52-week low of the share price is at $12.38.
Company has been under the radar of several Street Analysts.Waterstone Financial is Initiated by Sandler O’Neill to Hold. The Rating was issued on Mar 18, 2016.
Waterstone Financial Inc. is the holding company of Waterstone Bank SSB (Waterstone Bank). The Company operates through two segments: community banking and mortgage banking. Waterstone Bank is a community bank. Waterstone Bank also has an active mortgage banking subsidiary Waterstone Mortgage Corporation. Waterstone Bank’s principal lending activity is originating one- to four-family and multi-family residential real estate loans for retention in its portfolio. Waterstone Bank also offers to a lesser extent home equity loans and lines of credit construction and land loans commercial real estate and commercial business loans and consumer loans. The Bank’s deposit offerings include certificates of deposit money market savings accounts transaction deposit accounts non-interest bearing demand accounts and individual retirement accounts. The Bank’s subsidiary Wauwatosa Investments Inc. manages its investment portfolio.