Mary Jayne Crocker Sells 4,080 Shares of Bridgewater Bancshares (NASDAQ:BWB) Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWB) EVP Mary Jayne Crocker sold 4,080 shares of Bridgewater Bancshares stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $17.04, for a total transaction of $69,523.20. Following the transaction, the executive vice president owned 199,025 shares of the company’s stock, valued at $3,391,386. This represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, November 10th, Mary Jayne Crocker sold 8,957 shares of Bridgewater Bancshares stock. The shares were sold at an average price of $16.75, for a total transaction of $150,029.75.
• On Wednesday, November 5th, Mary Jayne Crocker sold 277 shares of Bridgewater Bancshares stock. The stock was sold at an average price of $17.00, for a total value of $4,709.00.
• On Thursday, September 4th, Mary Jayne Crocker acquired 100 shares of Bridgewater Bancshares stock. The stock was bought at an average cost of $19.48 per share, with a total value of $1,948.00.
• On Tuesday, August 26th, Mary Jayne Crocker sold 9,314 shares of Bridgewater Bancshares stock. The shares were sold at an average price of $16.05, for a total value of $149,489.70.
• On Monday, August 25th, Mary Jayne Crocker sold 1,332 shares of Bridgewater Bancshares stock. The stock was sold at an average price of $16.23, for a total value of $21,618.36.

Bridgewater Bancshares Stock Down 2.6%

NASDAQ BWB traded down $0.43 on Monday, reaching $16.33. The company had a trading volume of 88,566 shares, compared to its average volume of 82,857. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.19. The company’s fifty day moving average is $16.96 and its 200 day moving average is $16.17. Bridgewater Bancshares, Inc. has a 52-week low of $11.93 and a 52-week high of $18.01. The stock has a market capitalization of $450.38 million, a P/E ratio of 12.28 and a beta of 0.64.

Bridgewater Bancshares (NASDAQ:BWB) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.28 earnings per share (EPS) for the quarter. The firm had revenue of $26.75 million for the quarter. Bridgewater Bancshares had a net margin of 14.52% and a return on equity of 10.27%. Sell-side analysts anticipate that Bridgewater Bancshares, Inc. will post 1.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Zacks Research cut shares of Bridgewater Bancshares from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bridgewater Bancshares in a research report on Wednesday, October 8th. DA Davidson reiterated a “buy” rating and set a $21.00 price target on shares of Bridgewater Bancshares in a report on Wednesday, October 22nd. Finally, Piper Sandler upped their price objective on Bridgewater Bancshares from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Bridgewater Bancshares has an average rating of “Moderate Buy” and an average price target of $20.50.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BWB. Nuveen LLC purchased a new stake in shares of Bridgewater Bancshares during the 1st quarter valued at approximately $776,000. American Century Companies Inc. grew its stake in Bridgewater Bancshares by 24.4% in the 1st quarter. American Century Companies Inc. now owns 385,997 shares of the company’s stock valued at $5,361,000 after buying an additional 75,730 shares in the last quarter. EJF Capital LLC raised its holdings in Bridgewater Bancshares by 9.8% during the 1st quarter. EJF Capital LLC now owns 206,107 shares of the company’s stock valued at $2,863,000 after acquiring an additional 18,356 shares during the period. Strs Ohio purchased a new stake in shares of Bridgewater Bancshares during the first quarter worth $496,000. Finally, Trexquant Investment LP boosted its holdings in shares of Bridgewater Bancshares by 38.4% in the first quarter. Trexquant Investment LP now owns 31,938 shares of the company’s stock worth $444,000 after acquiring an additional 8,867 shares during the period. Hedge funds and other institutional investors own 65.83% of the company’s stock.

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.