GAMMA Investing LLC Has $281,000 Stock Holdings in Bridgewater Bancshares, Inc. (NASDAQ:BWB)

GAMMA Investing LLC grew its position in Bridgewater Bancshares, Inc. (NASDAQ:BWB - Free Report) by 1,665.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,210 shares of the company's stock after buying an additional 19,065 shares during the period. GAMMA Investing LLC owned approximately 0.07% of Bridgewater Bancshares worth $281,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Squarepoint Ops LLC acquired a new position in Bridgewater Bancshares in the fourth quarter valued at about $171,000. Two Sigma Advisers LP lifted its holdings in shares of Bridgewater Bancshares by 4.7% during the 4th quarter. Two Sigma Advisers LP now owns 64,800 shares of the company's stock valued at $875,000 after purchasing an additional 2,900 shares in the last quarter. Two Sigma Investments LP grew its position in shares of Bridgewater Bancshares by 14.2% in the 4th quarter. Two Sigma Investments LP now owns 69,580 shares of the company's stock valued at $940,000 after purchasing an additional 8,676 shares during the period. Deutsche Bank AG grew its position in shares of Bridgewater Bancshares by 544.0% in the 4th quarter. Deutsche Bank AG now owns 22,674 shares of the company's stock valued at $306,000 after purchasing an additional 19,153 shares during the period. Finally, D. E. Shaw & Co. Inc. increased its stake in Bridgewater Bancshares by 43.9% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 45,795 shares of the company's stock worth $619,000 after purchasing an additional 13,963 shares in the last quarter. Institutional investors own 65.83% of the company's stock.

Insider Buying and Selling at Bridgewater Bancshares

In other news, COO Lisa M. Salazar sold 3,737 shares of the firm's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $14.40, for a total value of $53,812.80. Following the completion of the transaction, the chief operating officer now owns 32,335 shares in the company, valued at $465,624. This trade represents a 10.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas P. Trutna sold 2,200 shares of the stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $15.78, for a total transaction of $34,716.00. Following the completion of the sale, the director now owns 100,031 shares of the company's stock, valued at approximately $1,578,489.18. This represents a 2.15% decrease in their position. The disclosure for this sale can be found here. Company insiders own 23.27% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler reaffirmed an "overweight" rating and issued a $18.00 price target on shares of Bridgewater Bancshares in a research note on Friday, April 25th.

Bridgewater Bancshares Price Performance

Shares of NASDAQ BWB opened at $15.02 on Friday. The company has a fifty day moving average price of $14.79 and a 200 day moving average price of $14.21. The firm has a market cap of $412.15 million, a PE ratio of 13.65 and a beta of 0.52. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.07. Bridgewater Bancshares, Inc. has a 1-year low of $10.80 and a 1-year high of $16.34.

Bridgewater Bancshares (NASDAQ:BWB - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.03. The company had revenue of $32.29 million for the quarter, compared to analyst estimates of $29.88 million. Bridgewater Bancshares had a return on equity of 9.13% and a net margin of 13.27%. Research analysts predict that Bridgewater Bancshares, Inc. will post 1.38 earnings per share for the current fiscal year.

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.

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