The Independent Director of Bridgewater Bancshares, Inc. (NASDAQ:BWB), David Juran, Just Bought 4.4% More Shares

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Those following along with Bridgewater Bancshares, Inc. (NASDAQ:BWB) will no doubt be intrigued by the recent purchase of shares by David Juran, Independent Director of the company, who spent a stonking US$515k on stock at an average price of US$9.46. While that only increased their holding size by 4.4%, it is still a big swing by our standards.

See our latest analysis for Bridgewater Bancshares

The Last 12 Months Of Insider Transactions At Bridgewater Bancshares

In fact, the recent purchase by David Juran was the biggest purchase of Bridgewater Bancshares shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$10.04 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Bridgewater Bancshares insiders decided to buy shares at close to current prices.

In the last twelve months insiders purchased 106.24k shares for US$1.1m. But insiders sold 22.50k shares worth US$290k. In total, Bridgewater Bancshares insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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NasdaqCM:BWB Insider Trading Volume August 9th 2020

Bridgewater Bancshares is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Bridgewater Bancshares Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Bridgewater Bancshares insiders own 17% of the company, worth about US$48m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Bridgewater Bancshares Insiders?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Bridgewater Bancshares we think they are probably pretty confident of a bright future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Bridgewater Bancshares has 1 warning sign and it would be unwise to ignore it.