David Duncan Sells 8,626 Shares of First Western Financial (NASDAQ:MYFW) Stock

First Western Financial, Inc. (NASDAQ:MYFW) Director David Duncan sold 8,626 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $25.56, for a total transaction of $220,480.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

First Western Financial Price Performance

Shares of First Western Financial stock opened at $26.03 on Friday. The firm has a market cap of $252.88 million, a P/E ratio of 19.28 and a beta of 0.76. The firm’s 50-day simple moving average is $25.77 and its 200-day simple moving average is $23.81. First Western Financial, Inc. has a twelve month low of $17.52 and a twelve month high of $28.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.04.

First Western Financial (NASDAQ:MYFW) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.13). The business had revenue of $26.71 million during the quarter, compared to analyst estimates of $27.50 million. First Western Financial had a return on equity of 5.09% and a net margin of 7.08%. As a group, research analysts expect that First Western Financial, Inc. will post 1.5 EPS for the current fiscal year.

Institutional Trading of First Western Financial

Several large investors have recently made changes to their positions in MYFW. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Western Financial by 36,113.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 76,048 shares of the company’s stock valued at $2,039,000 after buying an additional 75,838 shares during the last quarter. Levin Capital Strategies L.P. bought a new stake in First Western Financial during the 4th quarter worth about $1,164,000. R Squared Ltd acquired a new stake in First Western Financial in the 4th quarter valued at about $208,000. Round Rock Advisors LLC raised its stake in shares of First Western Financial by 125.6% in the fourth quarter. Round Rock Advisors LLC now owns 41,081 shares of the company’s stock worth $1,101,000 after acquiring an additional 22,871 shares during the last quarter. Finally, Permanent Capital Management LP bought a new position in shares of First Western Financial in the fourth quarter worth about $563,000. Institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on MYFW shares. Zacks Research upgraded First Western Financial from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Weiss Ratings reissued a “hold (c)” rating on shares of First Western Financial in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of First Western Financial from a “sell” rating to a “hold” rating in a report on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, First Western Financial presently has an average rating of “Moderate Buy” and an average target price of $24.33.

First Western Financial Company Profile

First Western Financial, Inc (NASDAQ: MYFW) is a Denver-based bank holding company that, through its principal subsidiary First Western Trust, delivers a suite of personalized financial services. The company’s core activities center on wealth management and trust administration for high-net-worth individuals, families and institutions. In addition, First Western Financial offers a comprehensive range of deposit products—such as checking accounts, savings accounts, money market funds and certificates of deposit—designed to meet the liquidity and income needs of its clients.

Complementing its deposit offerings, First Western Financial provides fiduciary and investment management services, including estate planning, charitable giving strategies and multi-generational wealth transfer.