Joseph Chybowski Bought 12% More Shares In Bridgewater Bancshares \

Even if it's not a huge purchase, we think it was good to see that Joseph Chybowski, the Chief Financial Officer of Bridgewater Bancshares, Inc. (NASDAQ:BWB) recently shelled out US$80k to buy stock, at US$8.04 per share. That purchase might not be huge but it did increase their holding by 12%.

Check out our latest analysis for Bridgewater Bancshares

The Last 12 Months Of Insider Transactions At Bridgewater Bancshares

Notably, that recent purchase by Joseph Chybowski is the biggest insider purchase of Bridgewater Bancshares shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is US$8.32. 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. The good news for Bridgewater Bancshares share holders is that an insider was buying at near the current price. Joseph Chybowski was the only individual insider to buy during the last year.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. Insiders own 20% of Bridgewater Bancshares shares, worth about US$46m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Bridgewater Bancshares Insider Transactions Indicate?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in Bridgewater Bancshares shares, given these transactions (along with notable insider ownership of the company). 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. For example - Bridgewater Bancshares has 1 warning sign we think you should be aware of.

Of course Bridgewater Bancshares may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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, but not derivative transactions.

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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.

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