Investment analysts at DA Davidson initiated coverage on shares of Bridgewater Bancshares (NASDAQ:BWB) in a note issued to investors on Monday, The Fly reports. The firm set a “buy” rating on the stock.
Shares of Bridgewater Bancshares stock opened at $12.95 on Monday. Bridgewater Bancshares has a twelve month low of $12.60 and a twelve month high of $13.66.
In other news, CEO Jerry J. Baack acquired 10,000 shares of the firm’s stock in a transaction on Friday, March 16th. The stock was bought at an average cost of $11.75 per share, with a total value of $117,500.00. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James S. Johnson acquired 5,000 shares of the firm’s stock in a transaction on Friday, March 16th. The stock was purchased at an average cost of $11.75 per share, with a total value of $58,750.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 17,000 shares of company stock valued at $199,750.
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