Insider Selling: Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director Sells $30,199.60 in Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director David B. Juran sold 2,060 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $14.66, for a total transaction of $30,199.60. Following the transaction, the director now directly owns 1,341,407 shares in the company, valued at approximately $19,665,026.62. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Bridgewater Bancshares Price Performance

Bridgewater Bancshares stock opened at $14.30 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.98. The firm’s 50-day simple moving average is $14.33 and its 200 day simple moving average is $12.86. Bridgewater Bancshares, Inc. has a 52 week low of $9.75 and a 52 week high of $15.66. The firm has a market capitalization of $391.11 million, a PE ratio of 13.62 and a beta of 0.67.

Institutional Trading of Bridgewater Bancshares

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Bridgewater Bancshares by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 1,051,832 shares of the company’s stock worth $12,243,000 after purchasing an additional 7,223 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Bridgewater Bancshares by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company’s stock worth $9,171,000 after acquiring an additional 37,090 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Bridgewater Bancshares by 18.3% in the second quarter. Acadian Asset Management LLC now owns 342,197 shares of the company’s stock valued at $3,972,000 after acquiring an additional 53,024 shares in the last quarter. Stieven Capital Advisors L.P. boosted its stake in shares of Bridgewater Bancshares by 94.8% during the first quarter. Stieven Capital Advisors L.P. now owns 294,537 shares of the company’s stock valued at $3,428,000 after acquiring an additional 143,376 shares during the last quarter. Finally, American Century Companies Inc. increased its position in Bridgewater Bancshares by 1.6% during the 2nd quarter. American Century Companies Inc. now owns 284,904 shares of the company’s stock worth $3,308,000 after purchasing an additional 4,450 shares in the last quarter. 65.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on BWB. Piper Sandler boosted their price objective on shares of Bridgewater Bancshares from $13.00 to $17.00 and gave the stock an “overweight” rating in a report on Monday, July 29th. DA Davidson raised their price objective on Bridgewater Bancshares from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, July 26th.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.