Some Bridgewater Bancshares, Inc. (NASDAQ:BWB) shareholders may be a little concerned to see that the CEO, Founder & Non Independent Executive Chairman, Gerald Baack, recently sold a substantial US$568k worth of stock at a price of US$20.85 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.4%.

Bridgewater Bancshares Insider Transactions Over The Last Year

In fact, the recent sale by Gerald Baack was the biggest sale of Bridgewater Bancshares shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$20.50. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. 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.

Over the last year we saw more insider selling of Bridgewater Bancshares shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Bridgewater Bancshares better if I see some big insider buys.

Insider Ownership Of Bridgewater Bancshares

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bridgewater Bancshares insiders own about US$118m worth of shares (which is 20% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Bridgewater Bancshares Insider Transactions Indicate?

Insiders sold stock recently, but they haven't been buying. Zooming out, the longer term picture doesn't give us much comfort. But it is good to see that Bridgewater Bancshares is growing earnings. It is good to see high insider ownership, but the insider selling leaves us cautious. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bridgewater Bancshares. For example - Bridgewater Bancshares has 1 warning sign we think you should be aware of.

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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.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.