10 Stocks Insiders Are Buying In March

4. Bankwell Financial Group, Inc. (NASDAQ:BWFG)

Number of Insiders Buying: 5

Market Capitalization: $229.31 million

Bankwell Financial serves as the holding company for Bankwell Bank, a full-service commercial bank headquartered in New Canaan, Connecticut. Bankwell provides a variety of commercial financing solutions, including working capital lines of credit, SBA loans, acquisition loans, and commercial mortgages. The bank also offers treasury management and deposit services to meet the diverse needs of its clients.

For the full year of 2024, Bankwell Financial reported revenue of $87 million, compared to revenue of $99.31 million in 2023. Net interest income amounted to $83.28 million, which compares to $94.47 million in the prior year. Recently, the company’s board of directors declared a $0.20 per share cash dividend.

In March, five insiders acquired a total of around $99,779 worth of Bankwell Financial shares at an average price of $26.01. Year-to-date, the stock lost 6.90% and is now trading at $29.00 per share. However, over the past 12 months, Bankwell Financial returned 14.94% to its investors.

One analyst has given a “Buy” rating on Bankwell Financial stock and a price target of $40.00, according to TipRanks.