United Parcel Service Inc. (UPS) and EnerSys (ENS) Witness Insider Selling, While 3 Companies Showcase Insider Buying

Longtime Board Member of This REIT Buys Some Shares

Duane A. Nelles, Board member of American Assets Trust Inc. (NYSE:AAT) since the company went public in January 2011, snapped up 7,000 shares on Thursday at $39.76 apiece. The newly-acquired block of shares are held by the Nelles Intervivos Trust, which currently holds 73,855 shares of AAT. Mr. Nelles also holds a direct ownership stake of 1,678 shares.

American Assets Trust Inc. (NYSE:AAT) operates as a real estate investment trust (REIT) focused on acquiring and owning retail, office, multifamily and mixed-use properties in a number of high-barrier-to-entry markets. The REIT’s asset portfolio includes ten retail shopping centers, seven office properties, a mixed-use property that consists of a 369-room hotel and a retail shopping center, and five multi-family properties. AAT’s total property revenue for the first quarter of 2016 was $70.73 million, up from $66.04 million recorded for the same quarter of 2015. AAT shares are nearly 5% in the green year-to-date. Jeffrey Furber’s AEW Capital Management upped its stake in American Assets Trust Inc. (NYSE:AAT) by 29% during the March quarter, to 1.99 million shares.

One of Bankwell Financial Group’s Directors Purchases Shares

Bankwell Financial Group Inc. (NASDAQ:BWFG)’s Director Carl M. Porto, who joined the company’s Board in July 2015, acquired a new stake of 6,326 shares on Wednesday at a price of $21.79 per share.

The holding company for Bankwell Bank has seen its market value gain 9% since the start of the year. Bankwell Financial Group Inc. (NASDAQ:BWFG) completed its initial public offering in May 2014 by selling 2.70 million shares at an IPO price of $18.00. Meanwhile, the bank’s shares are currently changing hands 20% above the aforementioned IPO price. The bank reported net income of $3.0 million, or $0.40 per diluted share, for the first three months of 2016, up from $1.8 million, or $0.26 per share, posted a year earlier. A mere four hedge funds tracked by Insider Monkey were invested in the bank at the end of the March quarter, with them amassing nearly 12% of its outstanding shares. Jim Simons’ Renaissance Technologies LLC owns 50,000 shares of Bankwell Financial Group Inc. (NASDAQ:BWFG) as of the end of the first quarter.