Insider Selling: Wells Fargo & Company (NYSE:WFC) EVP Sells 30,000 Shares of Stock

Wells Fargo & Company (NYSE:WFC) EVP Bridget Engle sold 30,000 shares of Wells Fargo & Company stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $87.10, for a total value of $2,613,000.00. Following the completion of the sale, the executive vice president directly owned 83,478 shares in the company, valued at $7,270,933.80. This represents a 26.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Wells Fargo & Company Stock Performance

NYSE WFC traded down $4.97 on Friday, hitting $81.33. 29,112,314 shares of the company’s stock were exchanged, compared to its average volume of 16,787,727. The firm has a market cap of $250.96 billion, a price-to-earnings ratio of 12.97, a P/E/G ratio of 0.95 and a beta of 1.09. The firm’s 50-day moving average price is $90.96 and its two-hundred day moving average price is $86.37. Wells Fargo & Company has a fifty-two week low of $58.42 and a fifty-two week high of $97.76. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.90 and a quick ratio of 0.84.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. Wells Fargo & Company had a return on equity of 12.90% and a net margin of 17.27%.The firm had revenue of $21.29 billion for the quarter, compared to the consensus estimate of $21.63 billion. During the same period in the previous year, the business earned $1.43 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, research analysts expect that Wells Fargo & Company will post 5.89 EPS for the current year.

Wells Fargo & Company Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Friday, February 6th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, February 6th. Wells Fargo & Company’s dividend payout ratio (DPR) is currently 28.71%.

Wall Street Analyst Weigh In

WFC has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods increased their target price on shares of Wells Fargo & Company from $92.00 to $101.00 and gave the company a “market perform” rating in a report on Wednesday, December 17th. TD Cowen lowered their price target on Wells Fargo & Company from $102.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, January 15th. Freedom Capital cut Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Wells Fargo & Company in a report on Wednesday, January 21st. Finally, Evercore dropped their price target on Wells Fargo & Company from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 15th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Wells Fargo & Company has an average rating of “Moderate Buy” and a consensus price target of $97.03.

Institutional Trading of Wells Fargo & Company

Hedge funds have recently bought and sold shares of the company. Groupama Asset Managment grew its stake in Wells Fargo & Company by 15.5% in the 4th quarter. Groupama Asset Managment now owns 146,979 shares of the financial services provider’s stock worth $13,462,000 after acquiring an additional 19,712 shares during the period. Oak Grove Capital LLC purchased a new position in shares of Wells Fargo & Company during the 4th quarter worth $885,000. MidFirst Bank acquired a new stake in shares of Wells Fargo & Company during the fourth quarter worth $994,000. SG Trading Solutions LLC purchased a new stake in shares of Wells Fargo & Company in the fourth quarter valued at $1,733,000. Finally, Nolet Wealth Management LLC purchased a new stake in shares of Wells Fargo & Company in the fourth quarter valued at $345,000. Institutional investors and hedge funds own 75.90% of the company’s stock.

Trending Headlines about Wells Fargo & Company

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Analyst / internal commentary: Wells Fargo credit analyst Mike Mayo expressed confidence that the firm’s de‑risking in financials is supporting stronger credit trends—this is constructive for loan quality and loss provisions and can ease investor concerns about credit risk. Wells Fargo’s Mike Mayo feels good about de-risking in financials supporting stronger credit
• Neutral Sentiment: Macro/rate context: Coverage pieces on how further Fed rate cuts could affect Wells Fargo note mixed implications—lower rates can pressure net interest income but the stock also has moderately bullish analyst coverage and hedge‑fund interest. Monitor rate‑cut expectations and NII guidance for near‑term impact. What Do Further Rate Cuts Mean for Wells Fargo & Company (WFC)
• Negative Sentiment: Sector pressure: A broader article reports bank and brokerage stocks suffered one of their worst days in months as investors price in potential AI‑driven disruption and other headwinds—this broad negative sentiment toward financials likely amplified selling in WFC. Bank, Brokerage Stocks Suffer Their Worst Day in Months. Here’s Why.
• Negative Sentiment: Insider selling — EVP Bridget E. Engle sold 30,000 WFC shares at an average $87.10 (≈$2.61M); her post‑sale holding fell ~26% — large, disclosed insider sales can weigh on sentiment even if they’re for personal reasons. Bridget E. Engle Form 4
• Negative Sentiment: Insider selling — EVP Ellen R. Patterson sold 60,000 WFC shares at an average $87.40 (≈$5.24M); her post‑sale holding declined ~26% — another large, concurrent insider sale increases near‑term selling pressure and may trigger short‑term investor caution. Ellen R. Patterson Form 4

About Wells Fargo & Company

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.