Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director Lisa Brezonik Buys 4,900 Shares

Bridgewater Bancshares, Inc. (NASDAQ:BWB) Director Lisa Brezonik acquired 4,900 shares of Bridgewater Bancshares stock in a transaction dated Tuesday, August 22nd. The stock was purchased at an average cost of $10.08 per share, with a total value of $49,392.00. Following the completion of the purchase, the director now owns 20,040 shares of the company’s stock, valued at $202,003.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Bridgewater Bancshares Stock Performance

Shares of NASDAQ BWB opened at $10.37 on Wednesday. The firm has a fifty day moving average price of $10.34 and a 200-day moving average price of $10.76. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $290.15 million, a PE ratio of 6.48 and a beta of 0.68. Bridgewater Bancshares, Inc. has a 1 year low of $7.90 and a 1 year high of $20.20.

Bridgewater Bancshares (NASDAQ:BWB) last posted its earnings results on Thursday, July 27th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. The company had revenue of $56.42 million during the quarter, compared to analysts’ expectations of $29.10 million. Bridgewater Bancshares had a net margin of 24.28% and a return on equity of 15.05%. During the same period last year, the company posted $0.41 earnings per share. Equities analysts anticipate that Bridgewater Bancshares, Inc. will post 1.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bridgewater Bancshares

Institutional investors have recently bought and sold shares of the stock. GW&K Investment Management LLC lifted its position in Bridgewater Bancshares by 121.2% during the fourth quarter. GW&K Investment Management LLC now owns 520,526 shares of the company’s stock valued at $9,234,000 after purchasing an additional 285,255 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Bridgewater Bancshares by 11.2% during the first quarter. Thrivent Financial for Lutherans now owns 2,444,289 shares of the company’s stock valued at $26,496,000 after purchasing an additional 247,129 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Bridgewater Bancshares by 74.3% during the second quarter. Hotchkis & Wiley Capital Management LLC now owns 265,029 shares of the company’s stock valued at $2,611,000 after purchasing an additional 113,000 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Bridgewater Bancshares by 232.5% during the second quarter. Russell Investments Group Ltd. now owns 151,042 shares of the company’s stock valued at $1,488,000 after purchasing an additional 105,617 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Bridgewater Bancshares by 147.1% during the second quarter. JPMorgan Chase & Co. now owns 168,790 shares of the company’s stock valued at $2,724,000 after purchasing an additional 100,495 shares during the last quarter. 49.10% of the stock is owned by hedge funds and other institutional investors.

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, 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.