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 shares were 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 SEC, which is accessible through this link.

Bankwell Financial Group, Inc. (NASDAQ:BWFG) traded down 1.17% during trading on Thursday, reaching $32.85. The company’s stock had a trading volume of 8,364 shares. The company has a market cap of $248.67 million, a P/E ratio of 18.14 and a beta of 0.56. The company’s 50 day moving average price is $32.30 and its 200 day moving average price is $32.77. Bankwell Financial Group, Inc. has a 52 week low of $21.61 and a 52 week high of $38.50.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Tuesday, August 15th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.85%. Bankwell Financial Group’s payout ratio is 15.47%.

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BWFG has been the topic of several recent research reports. Keefe, Bruyette & Woods restated a “buy” rating and set a $37.00 target price on shares of Bankwell Financial Group in a report on Thursday, July 27th. ValuEngine upgraded Bankwell Financial Group from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.

Several large investors have recently modified their holdings of BWFG. Wells Fargo & Company MN boosted its stake in shares of Bankwell Financial Group by 3.9% in the second quarter. Wells Fargo & Company MN now owns 3,982 shares of the bank’s stock worth $124,000 after buying an additional 151 shares during the last quarter. Seidman Lawrence B boosted its stake in shares of 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. Finally, Bank of New York Mellon Corp boosted its stake in shares of Bankwell Financial Group by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 29,512 shares of the bank’s stock worth $922,000 after buying an additional 1,892 shares during the last quarter. 47.50% of the stock is currently owned by institutional investors.

Bankwell Financial Group Company Profile

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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