Bridgewater Bancshares (NASDAQ:BWB) Director Sells $3,366,400.00 in Stock

Posted by Brenda Bartman on Aug 8th, 2026

Bridgewater Bancshares, Inc. (NASDAQ:BWB – Get Free Report) Director Jeffrey Shellberg sold 160,000 shares of Bridgewater Bancshares stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $21.04, for a total value of $3,366,400.00. Following the completion of the sale, the director directly owned 106,187 shares of the company’s stock, valued at $2,234,174.48. This trade represents a 60.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Bridgewater Bancshares Price Performance

Bridgewater Bancshares stock opened at $21.64 on Friday. The business’s 50-day simple moving average is $20.62 and its 200 day simple moving average is $19.22. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.90. The stock has a market cap of $603.32 million, a price-to-earnings ratio of 11.76 and a beta of 0.57. Bridgewater Bancshares, Inc. has a 12-month low of $15.35 and a 12-month high of $22.59.

Bridgewater Bancshares (NASDAQ:BWB – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.45 earnings per share for the quarter, hitting the consensus estimate of $0.45. The firm had revenue of $40.89 million during the quarter, compared to analysts’ expectations of $41.43 million. Bridgewater Bancshares had a return on equity of 11.21% and a net margin of 18.38%. As a group, research analysts anticipate that Bridgewater Bancshares, Inc. will post 1.85 earnings per share for the current year.

Institutional Trading of Bridgewater Bancshares

Several hedge funds have recently added to or reduced their stakes in BWB. BNP Paribas Financial Markets grew its stake in Bridgewater Bancshares by 78.1% in the second quarter. BNP Paribas Financial Markets now owns 2,385 shares of the company’s stock valued at $38,000 after acquiring an additional 1,046 shares during the period. State of Alaska Department of Revenue lifted its holdings in shares of Bridgewater Bancshares by 253.6% during the 4th quarter. State of Alaska Department of Revenue now owns 3,851 shares of the company’s stock valued at $67,000 after purchasing an additional 2,762 shares in the last quarter. LPL Financial LLC grew its position in shares of Bridgewater Bancshares by 7.8% in the 4th quarter. LPL Financial LLC now owns 11,770 shares of the company’s stock valued at $206,000 after purchasing an additional 855 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Bridgewater Bancshares by 14.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,419 shares of the company’s stock valued at $218,000 after purchasing an additional 1,535 shares during the period. Finally, AQR Capital Management LLC bought a new stake in Bridgewater Bancshares during the 1st quarter worth approximately $178,000. Institutional investors and hedge funds own 65.83% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on BWB. Piper Sandler upped their target price on shares of Bridgewater Bancshares from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Stephens raised Bridgewater Bancshares from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research note on Thursday. Weiss Ratings raised Bridgewater Bancshares from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, June 18th. Finally, DA Davidson restated a “buy” rating and set a $22.00 target price on shares of Bridgewater Bancshares in a research report on Wednesday, April 22nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.67.

Read Our Latest Stock Analysis on Bridgewater Bancshares

Bridgewater Bancshares Company Profile

(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.