Insider Selling: Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) CEO Sells $71,238.60 in Stock

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Rating) CEO Jerry J. Baack sold 4,166 shares of the firm’s stock in a transaction that occurred on Wednesday, January 18th. The stock was sold at an average price of $17.10, for a total value of $71,238.60. Following the transaction, the chief executive officer now owns 1,199,646 shares of the company’s stock, valued at approximately $20,513,946.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Bridgewater Bancshares Trading Down 1.8 %

Shares of NASDAQ:BWBBP opened at $20.82 on Friday. The business’s fifty day moving average price is $20.62 and its two-hundred day moving average price is $21.61. Bridgewater Bancshares, Inc. has a fifty-two week low of $18.50 and a fifty-two week high of $26.15.

Bridgewater Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 1st. Stockholders of record on Tuesday, November 15th were issued a $0.3672 dividend. This represents a $1.47 annualized dividend and a dividend yield of 7.05%. The ex-dividend date was Monday, November 14th.

Bridgewater Bancshares Company Profile

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Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. The company offers savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.