Scott C. Wylie Sells 1,953 Shares of First Western Financial, Inc. (NASDAQ:MYFW) Stock

First Western Financial, Inc. (NASDAQ:MYFWGet Rating) CEO Scott C. Wylie sold 1,953 shares of First Western Financial stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of $26.68, for a total transaction of $52,106.04. Following the transaction, the chief executive officer now owns 768,859 shares of the company’s stock, valued at $20,513,158.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

First Western Financial Price Performance

Shares of NASDAQ MYFW opened at $26.50 on Friday. First Western Financial, Inc. has a twelve month low of $25.83 and a twelve month high of $34.20. The firm has a market cap of $251.49 million, a P/E ratio of 12.99 and a beta of 0.70. The company has a 50 day moving average of $27.75 and a 200 day moving average of $30.15. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.53.

First Western Financial (NASDAQ:MYFWGet Rating) last posted its earnings results on Thursday, July 28th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.13). First Western Financial had a return on equity of 10.46% and a net margin of 16.86%. The company had revenue of $27.08 million during the quarter, compared to the consensus estimate of $27.90 million. As a group, research analysts expect that First Western Financial, Inc. will post 2.34 EPS for the current fiscal year.

Institutional Investors Weigh In On First Western Financial

A number of large investors have recently added to or reduced their stakes in the stock. UBS Group AG grew its position in First Western Financial by 35.8% in the 1st quarter. UBS Group AG now owns 1,359 shares of the company’s stock worth $42,000 after purchasing an additional 358 shares during the period. BlackRock Inc. grew its position in First Western Financial by 2.1% in the 1st quarter. BlackRock Inc. now owns 29,533 shares of the company’s stock worth $924,000 after purchasing an additional 601 shares during the period. BNP Paribas Arbitrage SA grew its position in First Western Financial by 4,034.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,067 shares of the company’s stock worth $56,000 after purchasing an additional 2,017 shares during the period. Acadian Asset Management LLC grew its position in First Western Financial by 32.9% in the 1st quarter. Acadian Asset Management LLC now owns 12,250 shares of the company’s stock worth $381,000 after purchasing an additional 3,030 shares during the period. Finally, American International Group Inc. bought a new stake in shares of First Western Financial during the 2nd quarter valued at $100,000. Institutional investors own 50.98% of the company’s stock.

Analysts Set New Price Targets

Separately, Piper Sandler decreased their price objective on shares of First Western Financial to $36.00 in a report on Monday, July 4th.

First Western Financial Company Profile

(Get Rating)

First Western Financial, Inc, a financial holding company, provides wealth management, private banking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, insurance, and trust and investment management advisory products and services.

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Insider Buying and Selling by Quarter for First Western Financial (NASDAQ:MYFW)

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