WSFS Financial Corp. (NASDAQ:WSFS)’s share price gapped up before the market opened on Friday . The stock had previously closed at $32.24, but opened at $32.58. WSFS Financial Corp. shares last traded at $33.23, with a volume of 21,294 shares traded.

Separately, Zacks Investment Research downgraded shares of WSFS Financial Corp. from a “buy” rating to a “hold” rating in a report on Thursday, June 30th.

The firm has a market capitalization of $982.37 million and a P/E ratio of 17.30. The company has a 50-day moving average price of $34.05 and a 200-day moving average price of $32.20.

WSFS Financial Corp. (NASDAQ:WSFS) last issued its earnings results on Thursday, April 28th. The company reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.02. During the same quarter in the previous year, the firm posted $1.38 earnings per share. The firm had revenue of $45.36 million for the quarter, compared to analyst estimates of $44.89 million. WSFS Financial Corp.’s quarterly revenue was up 16.8% on a year-over-year basis. On average, analysts anticipate that WSFS Financial Corp. will post $2.07 earnings per share for the current fiscal year.

In related news, EVP Richard Wright sold 6,000 shares of the company’s stock in a transaction dated Monday, May 9th. The shares were sold at an average price of $33.61, for a total value of $201,660.00. Following the transaction, the executive vice president now directly owns 43,529 shares in the company, valued at $1,463,009.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Paul D. Geraghty sold 15,348 shares of the company’s stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $34.42, for a total transaction of $528,278.16. Following the completion of the transaction, the executive vice president now owns 33,688 shares in the company, valued at $1,159,540.96. The disclosure for this sale can be found here.

Other institutional investors have added to or reduced their stakes in the company. First Trust Advisors LP increased its position in WSFS Financial Corp. by 107.5% in the fourth quarter. First Trust Advisors LP now owns 36,348 shares of the company’s stock valued at $1,176,000 after buying an additional 18,833 shares during the period. Victory Capital Management Inc. increased its position in WSFS Financial Corp. by 28.7% in the fourth quarter. Victory Capital Management Inc. now owns 36,685 shares of the company’s stock valued at $1,187,000 after buying an additional 8,173 shares during the period. Swiss National Bank increased its position in WSFS Financial Corp. by 6.5% in the fourth quarter. Swiss National Bank now owns 37,900 shares of the company’s stock valued at $1,226,000 after buying an additional 2,300 shares during the period. Wells Fargo & Company MN increased its position in WSFS Financial Corp. by 15.3% in the fourth quarter. Wells Fargo & Company MN now owns 38,630 shares of the company’s stock valued at $1,250,000 after buying an additional 5,132 shares during the period. Finally, Rhumbline Advisers increased its position in WSFS Financial Corp. by 6.5% in the fourth quarter. Rhumbline Advisers now owns 45,260 shares of the company’s stock valued at $1,465,000 after buying an additional 2,756 shares during the period.

WSFS Financial Corporation is a savings and loan holding company. The Company’s subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), which is the bank and trust company. The Company operates in three segments: WSFS Bank, Cash Connect and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers.

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