Rep. Michael A. Rulli Unloads Shares of WesBanco, Inc. (NASDAQ:WSBC)

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of WesBanco, Inc. (NASDAQ:WSBC). In a filing disclosed on October 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in WesBanco stock on October 16th. The trade occurred in the Representative’s “MERRILL LYNCH ROTH IRA” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOG) on 10/16/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/28/2026.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 9/3/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 9/3/2026.
• Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Allstate (NYSE:ALL) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.

WesBanco Price Performance

NASDAQ:WSBC opened at $37.63 on Wednesday. The company has a market cap of $3.61 billion, a P/E ratio of 10.94 and a beta of 0.69. WesBanco, Inc. has a 52-week low of $29.57 and a 52-week high of $43.02. The stock’s 50-day simple moving average is $39.35 and its 200 day simple moving average is $37.83. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 0.94.

WesBanco (NASDAQ:WSBC) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.85 by $0.07. The firm had revenue of $275.79 million during the quarter, compared to the consensus estimate of $267.71 million. WesBanco had a return on equity of 9.72% and a net margin of 23.35%. As a group, sell-side analysts forecast that WesBanco, Inc. will post 3.57 EPS for the current fiscal year.

WesBanco Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 4th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.52 dividend on an annualized basis and a yield of 4.0%. WesBanco’s payout ratio is presently 44.19%.

Insider Transactions at WesBanco

In related news, EVP Jan Pattishall-Krupinski sold 2,250 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $41.45, for a total transaction of $93,262.50. Following the transaction, the executive vice president owned 33,674 shares in the company, valued at $1,395,787.30. The trade was a 6.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jayson M. Zatta sold 12,500 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $41.80, for a total transaction of $522,500.00. Following the transaction, the executive vice president owned 81,082 shares in the company, valued at $3,389,227.60. This represents a 13.36% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 35,195 shares of company stock worth $1,465,800. 2.07% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On WesBanco

A number of hedge funds have recently modified their holdings of WSBC. BlackRock Inc. purchased a new stake in WesBanco in the second quarter worth $363,992,000. Bank of America Corp DE purchased a new position in WesBanco during the 2nd quarter valued at $84,562,000. Bank of New York Mellon Corp purchased a new position in WesBanco during the 2nd quarter valued at $36,433,000. Empowered Funds LLC purchased a new position in WesBanco during the 2nd quarter valued at $16,391,000. Finally, Canada Pension Plan Investment Board bought a new position in WesBanco in the 2nd quarter worth $10,089,000. Hedge funds and other institutional investors own 61.41% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on WSBC. Raymond James Financial lowered WesBanco from a “strong-buy” rating to a “market perform” rating in a research report on Tuesday, October 6th. DA Davidson set a $46.00 price target on WesBanco in a report on Thursday, July 23rd. Wall Street Zen cut WesBanco from a “hold” rating to a “sell” rating in a research report on Saturday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $44.00 price target on shares of WesBanco in a research note on Monday, September 14th. Finally, Piper Sandler cut their price target on WesBanco from $46.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, WesBanco presently has an average rating of “Hold” and an average target price of $43.60.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

WesBanco Company Profile

WesBanco, Inc (NASDAQ: WSBC) is a regional financial services holding company headquartered in Wheeling, West Virginia. Through its principal subsidiary, WesBanco Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, personal and corporate credit services, mortgage banking and other traditional banking products.