Bankwell Financial Group, Inc. (NASDAQ:BWFG) Director James A. Fieber sold 7,144 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $33.10, for a total transaction of $236,466.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Bankwell Financial Group, Inc. (NASDAQ:BWFG) traded down 1.05% during trading on Thursday, reaching $32.89. 2,150 shares of the company were exchanged. Bankwell Financial Group, Inc. has a 52-week low of $21.61 and a 52-week high of $38.50. The stock has a 50-day moving average of $32.30 and a 200 day moving average of $32.77. The stock has a market capitalization of $248.98 million, a P/E ratio of 18.16 and a beta of 0.56.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Shareholders of record on Tuesday, August 15th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Friday, August 11th. Bankwell Financial Group’s dividend payout ratio (DPR) is currently 15.47%.

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A number of institutional investors have recently modified their holdings of the company. Seidman Lawrence B boosted its position in Bankwell Financial Group by 35.3% in the second quarter. Seidman Lawrence B now owns 184,170 shares of the bank’s stock valued at $5,752,000 after buying an additional 48,000 shares during the period. Bank of New York Mellon Corp boosted its position in 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 valued at $922,000 after buying an additional 1,892 shares during the period. Finally, Wells Fargo & Company MN boosted its position in Bankwell Financial Group by 3.9% in the second quarter. Wells Fargo & Company MN now owns 3,982 shares of the bank’s stock valued at $124,000 after buying an additional 151 shares during the period. Hedge funds and other institutional investors own 47.50% of the company’s stock.

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

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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