Winchester Bancorp, Inc.'s (NASDAQ:WSBK) Lock-Up Period To End on October 29th

Key Points

• Winchester Bancorp's (NASDAQ:WSBK) lock-up period ends on October 29th, allowing major shareholders and company insiders to sell their shares.
• Currently, Weiss Ratings has issued a "sell (e)" rating on the stock, and the overall average rating remains at "Sell".
• Multiple institutional investors have recently acquired stakes in Winchester Bancorp, with M3F Inc. leading with a purchase valued at approximately $531,000.

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

Shares of Winchester Bancorp stock opened at $9.63 on Wednesday. The business's 50 day moving average is $9.52. Winchester Bancorp has a 1-year low of $8.76 and a 1-year high of $10.10. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18.

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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