Bridgewater Bancshares (NASDAQ:BWB) EVP Sells $21,618.36 in Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWB) EVP Mary Jayne Crocker sold 1,332 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $16.23, for a total transaction of $21,618.36. Following the transaction, the executive vice president directly owned 201,653 shares in the company, valued at $3,272,828.19. The trade was a 0.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Mary Jayne Crocker also recently made the following trade(s):

• On Tuesday, August 26th, Mary Jayne Crocker sold 9,314 shares of Bridgewater Bancshares stock. The stock was sold at an average price of $16.05, for a total transaction of $149,489.70.
• On Wednesday, August 13th, Mary Jayne Crocker acquired 100 shares of Bridgewater Bancshares stock. The shares were acquired at an average cost of $20.00 per share, for a total transaction of $2,000.00.

Bridgewater Bancshares Trading Down 0.4%

Shares of Bridgewater Bancshares stock opened at $16.38 on Friday. Bridgewater Bancshares, Inc. has a 1 year low of $11.93 and a 1 year high of $17.66. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $450.17 million, a P/E ratio of 13.43 and a beta of 0.58. The company’s fifty day moving average is $16.06 and its two-hundred day moving average is $14.93.

Bridgewater Bancshares (NASDAQ:BWB) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02. Bridgewater Bancshares had a net margin of 14.03% and a return on equity of 9.73%. The company had revenue of $35.61 million for the quarter, compared to the consensus estimate of $32.03 million. Analysts forecast that Bridgewater Bancshares, Inc. will post 1.38 earnings per share for the current year.

Institutional Trading of Bridgewater Bancshares

Hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of Bridgewater Bancshares by 78.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,385 shares of the company’s stock worth $38,000 after acquiring an additional 1,046 shares during the period. CWM LLC lifted its stake in shares of Bridgewater Bancshares by 182.1% in the 2nd quarter. CWM LLC now owns 2,463 shares of the company’s stock worth $39,000 after acquiring an additional 1,590 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Bridgewater Bancshares by 266.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,358 shares of the company’s stock worth $45,000 after acquiring an additional 2,441 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Bridgewater Bancshares by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 11,667 shares of the company’s stock worth $158,000 after acquiring an additional 2,540 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of Bridgewater Bancshares in the fourth quarter valued at about $171,000. Institutional investors and hedge funds own 65.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BWB. DA Davidson raised their price objective on shares of Bridgewater Bancshares from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Piper Sandler raised their target price on shares of Bridgewater Bancshares from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $20.00.

About Bridgewater Bancshares

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.