Winchester Bancorp’s (NASDAQ:WSBK – Get Free Report) lock-up period will end on Wednesday, October 29th. Winchester Bancorp had issued 3,997,012 shares in its initial public offering on May 2nd. The total size of the offering was $39,970,120 based on an initial share price of $10.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e)” rating on shares of Winchester Bancorp in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Winchester Bancorp Stock Performance
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in WSBK. M3F Inc. purchased a new stake in Winchester Bancorp in the second quarter valued at approximately $531,000. Geode Capital Management LLC purchased a new stake in Winchester Bancorp in the second quarter valued at approximately $188,000. Raymond James Financial Inc. purchased a new stake in Winchester Bancorp in the second quarter valued at approximately $179,000. EagleClaw Capital Managment LLC purchased a new stake in shares of Winchester Bancorp during the second quarter worth $143,000. Finally, Benin Management CORP purchased a new stake in shares of Winchester Bancorp during the second quarter worth $94,000.
About Winchester Bancorp
Winchester Bancorp, MHC will be formed as the Massachusetts-chartered mutual holding company of Winchester Bancorp, Inc in connection with the reorganization of Winchester Savings Bank into the “two-tier”mutual holding company form of organization. Upon completion of the reorganization and offering, Winchester Bancorp, MHC will own 55% of Winchester Bancorp, Inc’s common stock.
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