James S. Johnson Sells 4,705 Shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director James S. Johnson sold 4,705 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $15.00, for a total value of $70,575.00. Following the completion of the sale, the director now owns 93,646 shares of the company’s stock, valued at approximately $1,404,690. This trade represents a 4.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Bridgewater Bancshares Price Performance

BWB opened at $15.06 on Friday. The firm has a market capitalization of $413.04 million, a P/E ratio of 14.34 and a beta of 0.67. The stock has a fifty day moving average of $14.64 and a 200-day moving average of $13.21. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. Bridgewater Bancshares, Inc. has a 12-month low of $10.18 and a 12-month high of $16.00.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised their price objective on shares of Bridgewater Bancshares from $13.00 to $17.00 and gave the company an “overweight” rating in a research report on Monday, July 29th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Barclays PLC grew its position in Bridgewater Bancshares by 283.4% during the third quarter. Barclays PLC now owns 25,997 shares of the company’s stock valued at $369,000 after purchasing an additional 19,217 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Bridgewater Bancshares by 11.4% during the 3rd quarter. Jane Street Group LLC now owns 23,696 shares of the company’s stock valued at $336,000 after buying an additional 2,422 shares during the period. Villanova Investment Management Co LLC grew its holdings in shares of Bridgewater Bancshares by 3.8% during the 3rd quarter. Villanova Investment Management Co LLC now owns 139,254 shares of the company’s stock valued at $1,973,000 after acquiring an additional 5,089 shares in the last quarter. State Street Corp increased its stake in shares of Bridgewater Bancshares by 1.1% in the third quarter. State Street Corp now owns 449,345 shares of the company’s stock worth $6,367,000 after acquiring an additional 4,874 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Bridgewater Bancshares by 0.8% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 272,799 shares of the company’s stock worth $3,866,000 after acquiring an additional 2,170 shares in the last quarter. 65.83% of the stock is owned by institutional investors and hedge funds.

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.