Western New England Bancorp SVP sells $47,498 in stock
Senior Vice President and Chief Risk Officer, Leo R. Sagan Jr. of Western New England Bancorp, sold 3,490 shares of the company's stock on September 10, 2026. The sale amounted to $47,498, with each share priced between $13.61 and $13.64, averaging $13.61. The stock is currently trading at $13.94, near its 52-week high of $15.01.
InvestingPro analysis suggests the company is undervalued, placing it on the Most Undervalued stocks list. After these sales, Sagan Jr. directly owns 6,654 unvested shares awarded through the company's three-year long-term incentive stock plans. Indirectly, he holds 59,264 shares through his 2013 Family Trust, 31,640 shares via an ESOP, and 4,893 shares in a 401(K) Plan.
WNEB has consistently paid dividends for 25 years, according to InvestingPro, which also provides five extra tips for WNEB investors. Recently, Western New England Bancorp received a downgrade from Seaport Global Securities, altering the stock's rating from Buy to Neutral due to an earnings miss related to a single office loan. Despite this, the majority of the bank's office portfolio is low-risk medical properties.
These recent events highlight the bank's current financial status and have influenced the recent analyst rating change.
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