Wellesley Bancorp, Inc. (WEBK) Files Form 4 Insider Selling : Edwin G Silver Sells 173 Shares

Wellesley Bancorp, Inc. (WEBK): Edwin G Silver , director of Wellesley Bancorp, Inc. sold 173 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $19.31 per share for a total value of $3,340.63 , 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 11, 2016, Eloise C Thibault (VP & Treasurer of Subsidiary) sold 890 shares at $18.75 per share price.

Wellesley Bancorp Inc (WEBK) witnessed a volatile trading activity on Friday May 20, 2016 and eventually ended flat at 0.00% or -0.0001 points without letting the bulls or bears take much advantage. The trading began at $19.74 and reached the intraday high at $19.83. The bulls started the profit booking and pushed the shares to intraday low of $19.6334. The trading session was marked by a volume range of 573 shares exchanging hands. The 52-week high of the shares is $20.59 and the 52-week low is $18.05. The market cap of the company stands at $48,762 M and there are 2,45,90,00,000 shares in public circulation.

Wellesley Bancorp Inc Money Flow Index Chart

Wellesley Bancorp Inc. is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its primary market areas of Wellesley Boston and the surrounding communities. It attracts deposits from the general public and uses those funds to originate primarily residential mortgage loans commercial real estate loans and construction loans and commercial business loans home equity lines of credit and other consumer loans. The Bank conducts lending and deposit activities primarily with individuals and small businesses in its primary market areas. In addition it also provides investment management services for high net worth individuals families businesses private partnerships nonprofit organizations foundations and trusts through its wholly owned subsidiary Wellesley Investment Partners LLC.

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