Bridgewater Bancshares, Inc. (NASDAQ:BWB) Shares Acquired by Barclays PLC

Barclays PLC raised its holdings in shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB - Free Report) by 283.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 25,997 shares of the company's stock after acquiring an additional 19,217 shares during the period. Barclays PLC owned approximately 0.09% of Bridgewater Bancshares worth $369,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Bridgewater Bancshares in the second quarter valued at about $35,000. BNP Paribas Financial Markets boosted its holdings in Bridgewater Bancshares by 18.0% in the third quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company's stock worth $63,000 after acquiring an additional 676 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Bridgewater Bancshares during the third quarter worth about $100,000. D.A. Davidson & CO. purchased a new stake in Bridgewater Bancshares in the 3rd quarter valued at $183,000. Finally, Martingale Asset Management L P bought a new position in shares of Bridgewater Bancshares during the 3rd quarter worth approximately $185,000. 65.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Bridgewater Bancshares

In other news, Director Thomas P. Trutna sold 2,000 shares of Bridgewater Bancshares stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $15.13, for a total value of $30,260.00. Following the sale, the director now directly owns 100,780 shares of the company's stock, valued at approximately $1,524,801.40. The trade was a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David B. Juran sold 14,531 shares of Bridgewater Bancshares stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $14.76, for a total transaction of $214,477.56. Following the transaction, the director now directly owns 5,469 shares of the company's stock, valued at approximately $80,722.44. This represents a 72.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,046 shares of company stock worth $478,580. 23.21% of the stock is currently owned by insiders.

Bridgewater Bancshares Price Performance

Shares of Bridgewater Bancshares stock traded up $0.12 on Friday, reaching $13.28. The stock had a trading volume of 38,659 shares, compared to its average volume of 58,381. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.11. Bridgewater Bancshares, Inc. has a 1 year low of $10.52 and a 1 year high of $16.00. The company has a market cap of $364.27 million, a P/E ratio of 12.65 and a beta of 0.68. The business's 50 day moving average is $14.29 and its two-hundred day moving average is $13.98.

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.