Wintrust Financial Corporation (NASDAQ:WTFC) insider Leona A. Gleason sold 8,441 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $80.78, for a total transaction of $681,863.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Wintrust Financial Corporation (WTFC) traded up 1.08% during mid-day trading on Tuesday, reaching $80.30. 178,762 shares of the company traded hands. The firm has a market capitalization of $4.48 billion, a P/E ratio of 20.25 and a beta of 0.83. The company’s 50 day moving average price is $75.42 and its 200 day moving average price is $73.76. Wintrust Financial Corporation has a 12-month low of $51.65 and a 12-month high of $81.46.

Wintrust Financial Corporation (NASDAQ:WTFC) last posted its quarterly earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.04. Wintrust Financial Corporation had a return on equity of 9.32% and a net margin of 19.74%. The business had revenue of $295.70 million for the quarter, compared to the consensus estimate of $298.96 million. During the same quarter in the prior year, the company earned $0.92 EPS. The business’s revenue was up 9.0% compared to the same quarter last year. Equities research analysts predict that Wintrust Financial Corporation will post $4.32 EPS for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of WTFC. United Capital Financial Advisers LLC boosted its position in Wintrust Financial Corporation by 0.3% during the first quarter. United Capital Financial Advisers LLC now owns 4,193 shares of the bank’s stock valued at $290,000 after purchasing an additional 14 shares in the last quarter. Bellwether Investment Group LLC boosted its position in Wintrust Financial Corporation by 0.4% during the second quarter. Bellwether Investment Group LLC now owns 3,666 shares of the bank’s stock valued at $280,000 after purchasing an additional 14 shares in the last quarter. Suntrust Banks Inc. boosted its position in Wintrust Financial Corporation by 0.7% during the second quarter. Suntrust Banks Inc. now owns 7,307 shares of the bank’s stock valued at $558,000 after purchasing an additional 49 shares in the last quarter. Teacher Retirement System of Texas boosted its position in Wintrust Financial Corporation by 1.3% during the second quarter. Teacher Retirement System of Texas now owns 4,157 shares of the bank’s stock valued at $318,000 after purchasing an additional 55 shares in the last quarter. Finally, Greenwood Capital Associates LLC boosted its position in Wintrust Financial Corporation by 1.8% during the second quarter. Greenwood Capital Associates LLC now owns 4,399 shares of the bank’s stock valued at $336,000 after purchasing an additional 78 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

WTFC has been the topic of several recent analyst reports. Zacks Investment Research cut shares of Wintrust Financial Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub cut shares of Wintrust Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $82.00 target price on shares of Wintrust Financial Corporation in a report on Tuesday, August 22nd. Piper Jaffray Companies reiterated a “hold” rating and issued a $74.00 price target on shares of Wintrust Financial Corporation in a report on Friday, September 1st. Finally, Hovde Group reiterated a “market perform” rating and issued a $80.00 price target (up previously from $76.50) on shares of Wintrust Financial Corporation in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $81.38.

About Wintrust Financial Corporation

Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company offers community banking services to individuals, small to mid-sized businesses, local governmental units and institutional clients.

Insider Buying and Selling by Quarter for Wintrust Financial Corporation (NASDAQ:WTFC)

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