Washington Federal (NASDAQ:WAFD) has tumbled 1.03% during the past week and has dropped 1.23% in the last 4 week period. The company has outperformed the S&P 500 by 0.16% in the past week but underperformed the index by 2.13% in the last 4 weeks.
Washington Federal (NASDAQ:WAFD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.03 and $23.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.08, notching a gain of 0.38% for the day. The total traded volume was 1,716,787 . The stock had closed at $23.99 on the previous day.
The company shares have rallied 1.78% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $26.34 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $24.40 and the 200 Day Moving Average price is recorded at $23.06.
On the companys insider trading activities, Smith Barbara, director of Washington Federal Inc had purchased 625 shares on February 26, 2016 in a transaction. The price per share was $21.59 and the total amount of the disclosed transaction was $13,494.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Currently the company Insiders own 1.58% of Washington Federal shares according to the proxy statements. Institutional Investors own 85.84% of Washington Federal shares. During last six month period, the net percent change held by insiders has seen a change of -10.08%.
Washington Federal, Inc., is a United States of America-based bank holding company. Its principal subsidiary is Washington Federal, National Association, which operates 182 offices in eight western states. The Company obtains its funds primarily through deposits from the general public, repayments of loans, borrowings and retained earnings. These funds are used largely to make loans to individuals and businesses, including loans for the purchase of new and existing homes, construction and land loans, commercial real estate loans, commercial and industrial loans. The Company caters to Home Loans, Personal Banking and Commercial Banking segments.