Monitor BWB's upcoming quarterly earnings for any guidance revision or credit quality deterioration. The CEO's open-market sale, while small, breaks a pattern of director-only selling and could signal caution. Watch for additional insider filings in the next 30 days to confirm whether this is a one-off or the start of a broader sell-off.
Price Chart
Executive Summary
Two Bridgewater Bancshares insiders, including CEO Jerry Baack, sold a combined $549K in open-market sales over a week. Director David Juran sold $867K in two trades, and the CEO sold $225K. While the dollar amount is modest relative to the $605M market cap (~0.09%), the involvement of the CEO in an open-market sale adds mild bearish weight. The cluster is small and the sales are likely liquidity-driven, but the CEO's sale warrants monitoring for any upcoming negative news or earnings miss.
Key Financial Metrics
Key Facts
- CEO Jerry Baack sold 10,000 shares at $22.48 for $225K on 2026-08-17
- Director David Juran sold 40,000 shares total ($867K) on 2026-08-21 and 2026-08-24
- Total insider sales in the cluster: $549K (0.09% of market cap)
- Recent 30-day insider activity shows 8 sells totaling $6.1M, indicating sustained selling pressure
- Institutional ownership is mixed with 5 trims and 8 adds in Q2 2026
Financial Impact
Insider sales of $549K represent 0.09% of $605M market cap — modest but notable given CEO participation
Risk Factors
- CEO open-market sale may signal bearish view on near-term prospects
- Sustained insider selling over 30 days ($6.1M) could weigh on sentiment
- Small bank sector faces margin compression and credit risk headwinds
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BWB-1787698905765 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 5d ago | 8-K | $20.13 $20.67 | ▲ +2.68% | ▲ +3.86% | $20.77 (+3.18%) |
Aug 25, 2026 8w ago | Insider Cluster | $21.16 $21.32 | ▼ −0.76% | ▼ −0.10% | $20.77 (+1.84%) |
Aug 14, 2026 10w ago | Insider Cluster | $22.33 $22.35 | ▲ +0.09% | ▲ +0.77% | $20.77 (−6.99%) |
Aug 10, 2026 10w ago | Insider Cluster | $21.71 $22.01 | ▲ +1.38% | ▲ +1.13% | $20.77 (−4.33%) |
Aug 5, 2026 11w ago | Insider Cluster | $21.24 $21.64 | ▼ −1.88% | ▼ −1.27% | $20.77 (+2.21%) |
Aug 3, 2026 11w ago | Insider Cluster | $20.96 $21.07 | ▲ +0.52% | ▲ +0.72% | $20.77 (−0.91%) |
Jun 8, 2026 19w ago | Insider Cluster | $19.58 $19.63 | ▲ +0.26% | ▲ +1.83% | $20.77 (+6.08%) |
May 22, 2026 22w ago | Insider Cluster | $19.00 $18.82 | ▼ −0.95% | ▼ −0.96% | $20.77 (+9.32%) |
May 7, 2026 24w ago | Insider Cluster | $18.51 $18.52 | ▲ +0.05% | ▼ −0.78% | $20.77 (+12.21%) |
May 7, 2026 24w ago | Insider Cluster | $18.51 $18.52 | ▲ +0.05% | ▼ −0.78% | $20.77 (+12.21%) |
US Market Status
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