How are energy investors positioned?
Lauren States, a director at Webster Financial Corp (NYSE:WBS), a $8.66 billion financial institution currently trading at $51.30 per share, recently executed several stock transactions, as disclosed in a recent SEC filing. According to InvestingPro analysis, the company appears fairly valued based on its comprehensive Fair Value model. On May 21, 2025, States acquired 2,217 shares of common stock at no cost, reflecting a grant of restricted stock that will vest in one year with an additional two-year holding period.
The following day, May 22, States sold a total of 2,200 shares of Webster Financial common stock in two separate transactions. The shares were sold at prices ranging from $50.72 to $50.81 per share, totaling $111,764. After these transactions, States’ direct ownership stands at 14,345 shares.
Additionally, States gifted 275 shares to one of her children, a transaction that did not involve any monetary exchange. This gift reduced her directly owned shares to the current total.
In other recent news, Webster Financial Corporation reported its first-quarter 2025 earnings, revealing a slight miss on both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $1.30, falling short of the anticipated $1.38, while revenue came in at $704.8 million, below the projected $707.12 million. Despite the earnings miss, Webster Financial demonstrated solid asset growth, with total assets reaching $80 billion and deposits increasing by over $800 million. In another development, Webster Financial announced an expansion of its stock buyback program by $700 million, indicating a strategic move to repurchase shares through various means. Analyst firm Jefferies initiated coverage on Webster Financial with a Buy rating and set a price target of $65.00, highlighting the company’s above-average profitability and diversified deposit base. Jefferies also noted that Webster Financial’s stock is trading at a discount compared to its industry peers, making it an attractive investment opportunity. The potential for increased merger and acquisition activity in the banking sector was mentioned as a positive influence on the company’s prospects.
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