Key Points
- BV Financial director Joseph Galli sold 5,000 shares on May 8 at $20.00 each, totaling $100,000. After the sale, he still owned 36,341 shares, reducing his stake by about 12.09%.
- BVFL stock rose 1.2% and opened at $20.00, near its 52-week high of $20.54. The company currently has a market cap of about $175 million and a low beta of 0.32.
- Institutional interest in BV Financial has been active, with Geode Capital Management nearly doubling its position and several other firms initiating new stakes. Analysts currently have a consensus rating of Hold, though one firm recently upgraded the stock to Buy.
BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph Galli sold 5,000 shares of the business's stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $20.00, for a total value of $100,000.00. Following the sale, the director owned 36,341 shares in the company, valued at approximately $726,820. This represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
BV Financial Stock Up 1.2%
Shares of BVFL stock opened at $20.00 on Friday. BV Financial, Inc. has a one year low of $14.05 and a one year high of $20.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20. The stock has a fifty day moving average price of $19.37 and a 200 day moving average price of $18.65. The stock has a market cap of $175 million, a P/E ratio of 14.39 and a beta of 0.32.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its holdings in shares of BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company's stock valued at $3,160,000 after purchasing an additional 101,350 shares in the last quarter. Raymond James Financial Inc. acquired a new position in BV Financial during the 2nd quarter valued at about $1,248,000. Beartown Capital Management LLC acquired a new position in BV Financial during the 4th quarter valued at about $1,100,000. Saber Capital Managment LLC bought a new position in shares of BV Financial in the 4th quarter valued at about $622,000. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of BV Financial during the 3rd quarter worth approximately $319,000. 42.65% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on BVFL. Weiss Ratings reiterated a "hold (c+)" rating on shares of BV Financial in a research report on Friday, March 27th. Wall Street Zen raised shares of BV Financial from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold".
View Our Latest Research Report on BV Financial
BV Financial Company Profile
(
Get Free Report)
BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.
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