Waterstone financial director sells shares worth over $526,000

Published 03/03/2025, 16:22
Waterstone financial director sells shares worth over $526,000

Lawton Patrick S, a director at Waterstone Financial , Inc. (NASDAQ:WSBF), executed a notable stock transaction on February 28, 2025. According to a recent SEC filing, Lawton sold 37,500 shares of the company’s common stock, with the sale price averaging $14.0283 per share. This transaction, conducted over multiple trades at prices ranging from $14.00 to $14.10, resulted in a total sale value of approximately $526,061. The sale occurred near the current market price of $14.14, with InvestingPro analysis indicating the stock is fairly valued based on its proprietary Fair Value model.

In addition to the sale, Lawton also exercised stock options to acquire 37,500 shares at a price of $12.75 per share. Following these transactions, Lawton’s direct ownership of Waterstone Financial’s common stock stands at 49,131 shares. The company, with a market capitalization of $259.25 million, offers a notable dividend yield of 4.26% and trades at a P/E ratio of 14.

These transactions are part of routine portfolio management activities by company insiders and provide insights into their investment strategies and outlook on the company’s future performance. InvestingPro subscribers can access additional insights, including more ProTips about management’s share buyback activities and the company’s dividend history spanning 12 consecutive years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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