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Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) CEO Sells $62,490.00 in Stock

Financial News Live ·  Feb 18, 2023 06:12

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Rating) CEO Jerry J. Baack sold 4,166 shares of the business's stock in a transaction that occurred on Wednesday, February 15th. The stock was sold at an average price of $15.00, for a total value of $62,490.00. Following the transaction, the chief executive officer now directly owns 1,218,038 shares in the company, valued at $18,270,570. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Bridgewater Bancshares Price Performance

Shares of NASDAQ BWBBP opened at $21.25 on Friday. The stock's fifty day moving average price is $21.05 and its two-hundred day moving average price is $21.31. Bridgewater Bancshares, Inc. has a one year low of $18.50 and a one year high of $25.89.

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Bridgewater Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Investors of record on Wednesday, February 15th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Tuesday, February 14th. This represents a $1.47 annualized dividend and a dividend yield of 6.91%.

Bridgewater Bancshares Company Profile

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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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