David B. Juran Sells 14,531 Shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director David B. Juran sold 14,531 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $14.76, for a total value of $214,477.56. Following the completion of the transaction, the director now owns 5,469 shares in the company, valued at $80,722.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Bridgewater Bancshares Price Performance

Bridgewater Bancshares stock traded down $0.08 during midday trading on Thursday, reaching $14.60. The company’s stock had a trading volume of 41,563 shares, compared to its average volume of 51,843. Bridgewater Bancshares, Inc. has a 52 week low of $9.27 and a 52 week high of $15.66. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.98. The business has a 50-day moving average price of $14.29 and a 200-day moving average price of $12.82. The stock 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 recent analyst reports. DA Davidson raised their price target on Bridgewater Bancshares from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Piper Sandler lifted 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BWB. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Bridgewater Bancshares during the second quarter worth about $35,000. SG Americas Securities LLC bought a new stake in shares of Bridgewater Bancshares during the third quarter worth about $100,000. BNP Paribas Financial Markets grew its holdings 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 during the last quarter. Sei Investments Co. grew its holdings 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 during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Bridgewater Bancshares during the first quarter worth about $170,000. 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.