This Insider Has Just Sold Shares In Bridgewater Bancshares

We'd be surprised if Bridgewater Bancshares, Inc. (NASDAQ:BWB) shareholders haven't noticed that the Independent Director, Todd Urness, recently sold US$203k worth of stock at US$20.34 per share. On the bright side, that sale was only 0.8% of their holding, so we doubt it's very meaningful, on its own.

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Bridgewater Bancshares Insider Transactions Over The Last Year

The Co-Founder & Director, Jeffrey Shellberg, made the biggest insider sale in the last 12 months. That single transaction was for US$3.4m worth of shares at a price of US$21.04 each. So we know that an insider sold shares at around the present share price of US$20.32. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Insiders in Bridgewater Bancshares didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for Bridgewater Bancshares

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Does Bridgewater Bancshares Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Bridgewater Bancshares insiders own about US$110m worth of shares (which is 19% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Bridgewater Bancshares Insiders?

Insiders sold Bridgewater Bancshares shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Bridgewater Bancshares makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Bridgewater Bancshares.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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