Bridgewater Bancshares (NASDAQ:BWB) EVP Mary Jayne Crocker Sells 8,957 Shares

Bridgewater Bancshares, Inc. (NASDAQ:BWB) EVP Mary Jayne Crocker sold 8,957 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $16.75, for a total value of $150,029.75. Following the completion of the transaction, the executive vice president directly owned 203,105 shares of the company’s stock, valued at $3,402,008.75. The trade was a 4.22% 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.

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

• On Wednesday, November 5th, Mary Jayne Crocker sold 277 shares of Bridgewater Bancshares stock. The shares were 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 purchased at an average price 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 stock was 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 transaction of $21,618.36.

Bridgewater Bancshares Price Performance

NASDAQ BWB traded up $0.12 during trading hours on Wednesday, reaching $16.95. 97,247 shares of the stock traded hands, compared to its average volume of 82,789. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a 50 day simple moving average of $16.93 and a two-hundred day simple moving average of $16.13. Bridgewater Bancshares, Inc. has a 1 year low of $11.93 and a 1 year high of $18.01. The company has a market cap of $467.57 million, a price-to-earnings ratio of 12.74 and a beta of 0.64.

Bridgewater Bancshares (NASDAQ:BWB) last released its earnings results on Tuesday, February 18th. The company reported $0.28 earnings per share for the quarter. Bridgewater Bancshares had a return on equity of 10.27% and a net margin of 14.52%.The company had revenue of $26.75 million during the quarter. On average, analysts predict that Bridgewater Bancshares, Inc. will post 1.38 EPS for the current fiscal year.

Hedge Funds Weigh In On Bridgewater Bancshares

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in shares of Bridgewater Bancshares by 78.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,385 shares of the company’s stock valued at $38,000 after buying an additional 1,046 shares in the last quarter. CWM LLC lifted its position in Bridgewater Bancshares by 182.1% during the 2nd quarter. CWM LLC now owns 2,463 shares of the company’s stock valued at $39,000 after acquiring an additional 1,590 shares during the period. Palouse Capital Management Inc. bought a new stake in Bridgewater Bancshares during the third quarter worth about $113,000. AQR Capital Management LLC purchased a new stake in Bridgewater Bancshares in the first quarter worth about $178,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Bridgewater Bancshares during the second quarter valued at approximately $259,000. Institutional investors own 65.83% of the company’s stock.

Wall Street Analyst Weigh In

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

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.