|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||15.48 - 15.70|
|52 Week Range||12.07 - 30.00|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||12.11|
|Earnings Date||Oct 28, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||0.56 (3.70%)|
|Ex-Dividend Date||Aug 13, 2020|
|1y Target Est||17.50|
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
A Form 4 filing filed with the SEC on Wednesday, October 7 showed that Porto Carl M bought 281 shares of Bankwell Financial Group, Inc. (NASDAQ:BWFG) at an average price of $15.29. The transaction moved the executive's stake in Bankwell Finl Gr Inc. to 9,181 shares. Shares of Bankwell Financial Group increased by 0.8% from the previous closing price.The Importance of Insider Transactions Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Conversely, insiders who are selling stock at new lows can potentially indicate some kind of capitulation moment. Insiders selling at new highs can indicate that exec wants to "take some profit" and "lock in a gain."Transaction Codes To Focus On Investors prefer focusing on transactions which take place in the open market, indicated in the Form 4 with codes P for purchase and S for sale. An open-market transaction means the insider went into the market of their own volition and made an active decision about the potential path for a company and its stock moving forward.Transaction codes other than P or S are often viewed with less conviction as they are often not tied to a decision by the exec. As an example, transaction code C indicates the conversion of an option. Transaction code A indicates the insider may have been forced to sell shares in order to receive compensation the exec was promised upon being hired by a company.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Analyzing Alibaba Group Holding's Unusual Options Activity * P/E Ratio Insights for Air Lease(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Every investor in Bankwell Financial Group, Inc. (NASDAQ:BWFG) should be aware of the most powerful shareholder...