Bridgewater Bancshares, Inc. (NASDAQ:BWB) CFO Joseph M. Chybowski Sells 3,000 Shares

Bridgewater Bancshares, Inc. (NASDAQ:BWB) CFO Joseph M. Chybowski sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $15.51, for a total value of $46,530.00. Following the completion of the sale, the chief financial officer now owns 98,416 shares in the company, valued at approximately $1,526,432.16. This represents a 2.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Bridgewater Bancshares Stock Down 0.5 %

NASDAQ:BWB opened at $15.07 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.02. The company’s fifty day moving average price is $14.93 and its 200-day moving average price is $13.55. Bridgewater Bancshares, Inc. has a 1-year low of $10.52 and a 1-year high of $16.00. The firm has a market capitalization of $413.31 million, a P/E ratio of 14.35 and a beta of 0.67.

Institutional Investors Weigh In On Bridgewater Bancshares

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Bridgewater Bancshares during the 2nd quarter valued at about $35,000. BNP Paribas Financial Markets grew its holdings in Bridgewater Bancshares by 18.0% during the third quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock worth $63,000 after acquiring an additional 676 shares during the period. SG Americas Securities LLC purchased a new position in Bridgewater Bancshares during the third quarter valued at approximately $100,000. Sei Investments Co. lifted its holdings in Bridgewater Bancshares by 23.3% in the second quarter. Sei Investments Co. now owns 14,360 shares of the company’s stock valued at $167,000 after acquiring an additional 2,713 shares during the period. Finally, D.A. Davidson & CO. purchased a new stake in Bridgewater Bancshares in the 3rd quarter worth approximately $183,000. 65.83% of the stock is owned by hedge funds and other institutional investors.

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.