Bankwell Financial Group, Inc. (BWFG): Carl M Porto , director of Bankwell Financial Group, Inc. purchased 6,326 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.79 per share for a total value of $137,849.86 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, James A Fieber (director) purchased 100 shares at $21.18 per share price.On Mar 28, 2016, Todd Lampert (director) sold 1,500 shares at $19.67 per share price.Also, On Feb 2, 2016, Carl M Porto (director) purchased 2,500 shares at $19.50 per share price.On Feb 1, 2016, Ernest J Sr Verrico (CFO) purchased 2,000 shares at $19.50 per share price.
Bankwell Financial Group Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in Bankwell Financial Group Inc which led to swings in the share price. The shares opened for trading at $22 and hit $22 on the upside , eventually ending the session at $21.82, with a gain of 1.02% or 0.22 points. The heightened volatility saw the trading volume jump to 9,809 shares. The 52-week high of the share price is $22.61 and the company has a market cap of $164 M . The 52-week low of the share price is at $17.33.
Bankwell Financial Group Inc. is a bank holding company. The Company offers a range of financial services through the banking subsidiary Bankwell Bank (the Bank) a Connecticut state non-member bank. The Bank’s primary market is the greater Fairfield County Connecticut area which its serves from the main banking office located in New Canaan Connecticut and six other branch offices located throughout the Fairfield County area. As of December 31 2014 the Bank had net loans of approximately $916.0 million and total deposits of approximately $835.4 million. It operates Bankwell Investment Services which provides a range of services including 401k rollover planning retirement planning asset allocation planning financial planning business planning estate planning mutual funds fixed and variable annuities exchange traded funds separate managed accounts stocks and bonds traditional and Roth IRAs (Individual Retirement Arrangements) and brokerage certificates of deposits.