Bridgewater Bancshares (NASDAQ:BWB) Director Sells 20,000 Shares

Posted by Geri Gentry on May 22nd, 2026

Bridgewater Bancshares, Inc. (NASDAQ:BWB – Get Free Report) Director Jeffrey Shellberg sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $18.55, for a total transaction of $371,000.00. Following the completion of the sale, the director directly owned 25,000 shares of the company’s stock, valued at approximately $463,750. This trade represents a 44.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Bridgewater Bancshares Trading Down 0.5%

BWB traded down $0.09 during trading hours on Friday, reaching $18.72. The company’s stock had a trading volume of 51,371 shares, compared to its average volume of 74,954. The stock has a market cap of $521.91 million, a PE ratio of 10.58 and a beta of 0.58. Bridgewater Bancshares, Inc. has a fifty-two week low of $14.35 and a fifty-two week high of $20.30. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.06 and a quick ratio of 1.06. The business’s 50-day moving average is $18.11 and its 200-day moving average is $18.12.

Bridgewater Bancshares (NASDAQ:BWB – Get Free Report) last posted its earnings results on Tuesday, April 21st. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). Bridgewater Bancshares had a return on equity of 11.06% and a net margin of 17.69%.The business had revenue of $38.96 million for the quarter, compared to analyst estimates of $36.93 million. As a group, equities research analysts predict that Bridgewater Bancshares, Inc. will post 1.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings raised shares of Bridgewater Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. DA Davidson reiterated a “buy” rating and set a $22.00 price target on shares of Bridgewater Bancshares in a research report on Wednesday, April 22nd. Finally, Piper Sandler reissued an “overweight” rating and issued a $23.00 price target (up from $21.00) on shares of Bridgewater Bancshares in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.67.

Get Our Latest Research Report on BWB

Institutional Investors Weigh In On Bridgewater Bancshares

A number of institutional investors have recently modified their holdings of BWB. AQR Capital Management LLC purchased a new stake in shares of Bridgewater Bancshares in the 1st quarter valued at $178,000. Empowered Funds LLC boosted its holdings in Bridgewater Bancshares by 10.1% during the 1st quarter. Empowered Funds LLC now owns 19,170 shares of the company’s stock valued at $266,000 after acquiring an additional 1,752 shares during the period. Jane Street Group LLC acquired a new position in Bridgewater Bancshares in the 1st quarter valued at about $357,000. Rhumbline Advisers grew its position in Bridgewater Bancshares by 21.3% in the 2nd quarter. Rhumbline Advisers now owns 35,416 shares of the company’s stock valued at $563,000 after acquiring an additional 6,230 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Bridgewater Bancshares by 87.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 217,530 shares of the company’s stock worth $3,461,000 after purchasing an additional 101,628 shares during the period. 65.83% of the stock is owned by institutional investors and hedge funds.

About Bridgewater Bancshares

(Get Free Report)

Bridgewater Bancshares, Inc is the bank holding company for Bridgewater Bank, a New Jersey-chartered community bank founded in 2006. Headquartered in Bridgewater, New Jersey, the company provides a broad array of financial services designed to meet the needs of both individual and business customers. As a locally focused institution, Bridgewater Bancshares emphasizes relationship banking, combining personalized service with the efficiency of modern banking technologies.

The company’s retail banking platform offers checking and savings accounts, certificates of deposit, money market accounts and consumer loan products.