Barclays PLC Buys 19,217 Shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB)

Barclays PLC raised its stake in shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) by 283.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 25,997 shares of the company’s stock after purchasing an additional 19,217 shares during the quarter. Barclays PLC owned 0.09% of Bridgewater Bancshares worth $369,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in Bridgewater Bancshares by 1.3% in the second quarter. Bank of New York Mellon Corp now owns 77,737 shares of the company’s stock worth $903,000 after purchasing an additional 994 shares during the period. Victory Capital Management Inc. boosted its position in shares of Bridgewater Bancshares by 4.1% during the 2nd quarter. Victory Capital Management Inc. now owns 63,700 shares of the company’s stock valued at $740,000 after acquiring an additional 2,500 shares in the last quarter. American Century Companies Inc. increased its stake in Bridgewater Bancshares by 1.6% in the second quarter. American Century Companies Inc. now owns 284,904 shares of the company’s stock valued at $3,308,000 after acquiring an additional 4,450 shares during the period. Dimensional Fund Advisors LP lifted its stake in Bridgewater Bancshares by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 789,993 shares of the company’s stock worth $9,171,000 after purchasing an additional 37,090 shares during the period. Finally, Sei Investments Co. boosted its holdings in Bridgewater Bancshares by 23.3% during the second quarter. Sei Investments Co. now owns 14,360 shares of the company’s stock valued at $167,000 after purchasing an additional 2,713 shares in the last quarter. Institutional investors and hedge funds own 65.83% of the company’s stock.

Insiders Place Their Bets

In other news, Director Thomas P. Trutna sold 2,000 shares of the firm’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $15.13, for a total value of $30,260.00. Following the completion of the sale, the director now directly owns 100,780 shares in the company, valued at approximately $1,524,801.40. This trade represents a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Joseph M. Chybowski sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $15.51, for a total transaction of $46,530.00. Following the transaction, the chief financial officer now owns 98,416 shares in the company, valued at approximately $1,526,432.16. This trade represents a 2.96 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,046 shares of company stock valued at $478,580. 23.21% of the stock is currently owned by insiders.

Bridgewater Bancshares Stock Performance

Bridgewater Bancshares stock opened at $13.28 on Friday. The firm has a market capitalization of $364.27 million, a P/E ratio of 12.65 and a beta of 0.68. The stock has a fifty day moving average price of $14.29 and a two-hundred day moving average price of $13.98. Bridgewater Bancshares, Inc. has a 52-week low of $10.52 and a 52-week high of $16.00. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.02.

Bridgewater Bancshares 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.