Bridgewater Bancshares CEO Sells $320,400 Worth of Stock

Bridgewater Bancshares CEO Jerry J. Baack has sold 20,000 shares of stock, worth $320,400. The company recently reported strong Q2 2025 financial results, with a net income of $11.5 million and a 7.4% increase in net interest income. Analysts have raised their price targets, citing the impressive quarter performance and positive outlook. Despite challenges, Bridgewater Bancshares' strong financial health and strategic growth focus have led to positive analyst sentiment.

Bridgewater Bancshares, Inc. (NASDAQ:BWB) has seen its CEO, Jerry J. Baack, sell 20,000 shares of the company's stock in a transaction dated July 30, 2025. The sale was disclosed in a legal filing with the Securities & Exchange Commission (SEC) and was executed at an average price of $16.02 per share, totaling $320,400.00. Following the sale, Baack directly owned 1,224,361 shares, valued at $19,614,263.22, representing a 1.61% decrease in his ownership [1].

The sale comes on the heels of Bridgewater Bancshares' strong Q2 2025 financial results. The company reported a net income of $11.5 million for the quarter, a 7.4% increase in net interest income, and earnings per share (EPS) of $0.38, beating analysts' expectations by $0.02 [2]. The quarterly earnings were driven by an increase in total interest income to $69.2 million and net interest income to $32.5 million, reflecting robust loan and investment securities income [2].

Analysts have responded positively to the company's performance. Piper Sandler and DA Davidson have both raised their price objectives on Bridgewater Bancshares to $20.00, with Piper Sandler giving the stock an "overweight" rating and DA Davidson a "buy" rating [1]. These upgrades reflect the analysts' confidence in the company's ability to maintain its strong financial performance and growth trajectory.

Despite the challenges faced by the banking sector, Bridgewater Bancshares' strategic growth focus and operational efficiency have positioned it favorably. The company's acquisition of First Minnetonka City Bank (FMCB) in December 2024 has expanded its geographical footprint and contributed to its loan portfolio growth [2]. Additionally, the company has issued $80 million in subordinated notes to support its operational growth and redeem existing notes [2].

Bridgewater Bancshares' strong financial health and positive outlook have led to increased institutional investment in the company. Several institutional investors and hedge funds have recently increased their stakes in the company, including CWM LLC, Sippican Capital Advisors, Strs Ohio, Acadian Asset Management LLC, and Jane Street Group LLC [1].

In summary, Bridgewater Bancshares has demonstrated robust financial performance in Q2 2025, with positive analyst sentiment and increased institutional investment. The sale of shares by CEO Jerry J. Baack is a testament to the company's strong fundamentals and growth prospects.

References:
[1] https://www.insidertrades.com/alerts/nasdaq-bwb-insider-buying-and-selling-2025-08-01/
[2] https://www.tradingview.com/news/tradingview:5f6aea93ead1d:0-bridgewater-bancshares-inc-sec-10-q-report/