On November 7, 2024, Thomas Trutna, Director at Bridgewater Bancshares Inc (BWB, Financial), executed a sale of 2,000 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 100,780 shares of Bridgewater Bancshares Inc.
Bridgewater Bancshares Inc operates as a bank holding company for Bridgewater Bank, which provides retail and commercial banking products and services to customers primarily in the metropolitan areas of Minnesota. The company offers a range of deposit and lending services, catering to both individual and corporate clients.
Over the past year, Thomas Trutna has sold a total of 7,000 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed over the past year at Bridgewater Bancshares Inc, where there have been 8 insider sells and only 1 insider buy.
Shares of Bridgewater Bancshares Inc were trading at $15.13 on the day of the sale. The company has a market cap of approximately $411.112 million. The price-earnings ratio stands at 14.28, which is above both the industry median of 10.69 and the company's historical median.
The stock's valuation according to the GF Value is $13.24, indicating a price-to-GF-Value ratio of 1.14. This suggests that Bridgewater Bancshares Inc is modestly overvalued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's current valuation and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
