Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Rating) CEO Jerry J. Baack sold 4,166 shares of Bridgewater Bancshares stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $15.00, for a total value of $62,490.00. Following the transaction, the chief executive officer now owns 1,218,038 shares of the company's stock, valued at approximately $18,270,570. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Bridgewater Bancshares Price Performance
NASDAQ BWBBP traded up $0.04 on Wednesday, hitting $20.92. 439 shares of the company traded hands, compared to its average volume of 1,879. The business's 50 day moving average price is $21.01 and its 200-day moving average price is $21.34. Bridgewater Bancshares, Inc. has a 52-week low of $18.50 and a 52-week high of $25.89.
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Bridgewater Bancshares Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. Investors of record on Wednesday, February 15th will be given a $0.3672 dividend. The ex-dividend date is Tuesday, February 14th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.02%.
About Bridgewater Bancshares
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Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. The company offers 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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