Bankwell Financial Group, Inc. (NASDAQ:BWFG) Director Sells $94,619.28 in Stock

Bankwell Financial Group, Inc. (NASDAQ:BWFG) Director James A. Fieber sold 2,856 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $33.13, for a total value of $94,619.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Bankwell Financial Group, Inc. (NASDAQ BWFG) traded down 3.33% during mid-day trading on Friday, hitting $31.69. The company had a trading volume of 11,393 shares. The stock has a 50 day moving average price of $32.32 and a 200-day moving average price of $32.79. Bankwell Financial Group, Inc. has a 1-year low of $21.61 and a 1-year high of $38.50. The stock has a market capitalization of $239.89 million, a PE ratio of 17.50 and a beta of 0.56.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Tuesday, August 15th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, August 11th. This represents a $0.28 dividend on an annualized basis and a yield of 0.88%. Bankwell Financial Group’s payout ratio is 15.47%.

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Several analysts recently issued reports on the company. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $37.00 target price on shares of Bankwell Financial Group in a research note on Thursday, July 27th. ValuEngine raised Bankwell Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

A number of large investors have recently bought and sold shares of the stock. Seidman Lawrence B boosted its stake in Bankwell Financial Group by 35.3% in the second quarter. Seidman Lawrence B now owns 184,170 shares of the bank’s stock worth $5,752,000 after buying an additional 48,000 shares during the last quarter. Banc Funds Co. LLC boosted its position in Bankwell Financial Group by 9.3% in the second quarter. Banc Funds Co. LLC now owns 412,094 shares of the bank’s stock worth $12,870,000 after buying an additional 35,000 shares in the last quarter. Vanguard Group Inc. boosted its position in Bankwell Financial Group by 19.9% in the second quarter. Vanguard Group Inc. now owns 176,883 shares of the bank’s stock worth $5,524,000 after buying an additional 29,324 shares in the last quarter. Dimensional Fund Advisors LP bought a new position in Bankwell Financial Group during the second quarter worth about $258,000. Finally, Northern Trust Corp boosted its position in Bankwell Financial Group by 11.2% in the second quarter. Northern Trust Corp now owns 66,284 shares of the bank’s stock worth $2,070,000 after buying an additional 6,700 shares in the last quarter. 47.50% of the stock is owned by institutional investors.

About Bankwell Financial Group

Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.

Insider Buying and Selling by Quarter for Bankwell Financial Group (NASDAQ:BWFG)

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