Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director David B. Juran Sells 2,060 Shares

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director David B. Juran sold 2,060 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $14.66, for a total value of $30,199.60. Following the completion of the transaction, the director now owns 1,341,407 shares in the company, valued at $19,665,026.62. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Bridgewater Bancshares Stock Down 0.5 %

Shares of Bridgewater Bancshares stock traded down $0.08 during trading hours on Thursday, reaching $14.60. 41,563 shares of the company were exchanged, compared to its average volume of 51,843. Bridgewater Bancshares, Inc. has a 1 year low of $9.27 and a 1 year high of $15.66. The stock’s fifty day moving average is $14.29 and its 200 day moving average is $12.82. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $399.31 million, a PE ratio of 13.90 and a beta of 0.68.

Analysts Set New Price Targets

BWB has been the topic of a number of research analyst reports. DA Davidson boosted their target price on Bridgewater Bancshares from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Piper Sandler boosted their target price on Bridgewater Bancshares from $13.00 to $17.00 and gave the company an “overweight” rating in a research report on Monday, July 29th.

Institutional Trading of Bridgewater Bancshares

Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Bridgewater Bancshares during the second quarter worth $35,000. SG Americas Securities LLC purchased a new stake in shares of Bridgewater Bancshares during the third quarter worth $100,000. BNP Paribas Financial Markets grew its stake in shares of Bridgewater Bancshares by 100.4% during the first quarter. BNP Paribas Financial Markets now owns 10,237 shares of the company’s stock worth $119,000 after purchasing an additional 5,128 shares in the last quarter. Sei Investments Co. grew its stake in shares of Bridgewater Bancshares by 23.3% during the second quarter. Sei Investments Co. now owns 14,360 shares of the company’s stock worth $167,000 after purchasing an additional 2,713 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Bridgewater Bancshares during the first quarter worth $170,000. Hedge funds and other institutional investors own 65.83% of the company’s stock.

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.