Key Points
- Director Joseph Galli sold 2,027 shares of BV Financial on May 27 at an average price of $19.90, totaling about $40,337. After the sale, he still owned 28,078 shares, a 6.73% reduction in his stake.
- BV Financial’s stock was trading near recent highs at $19.63, close to its 12-month high of $20.54 and above its 200-day moving average of $18.99. The company has a market cap of about $170 million and a low beta of 0.32.
- Analyst sentiment is mixed but cautious, with an average rating of Hold after Weiss Ratings reiterated Hold and Wall Street Zen downgraded the stock to Sell. Institutional ownership remains significant, with 42.65% of shares held by institutional investors.
BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph Galli sold 2,027 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $19.90, for a total value of $40,337.30. Following the completion of the sale, the director directly owned 28,078 shares in the company, valued at $558,752.20. This trade represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
BV Financial Stock Performance
NASDAQ:BVFL opened at $19.63 on Friday. The stock's 50-day simple moving average is $19.63 and its 200 day simple moving average is $18.99. The firm has a market capitalization of $170.00 million, a PE ratio of 14.12 and a beta of 0.32. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. BV Financial, Inc. has a twelve month low of $14.05 and a twelve month high of $20.54.
Wall Street Analysts Forecast Growth
BVFL has been the topic of several research analyst reports. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of BV Financial in a research note on Friday, March 27th. Wall Street Zen lowered BV Financial from a "hold" rating to a "sell" rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold".
Check Out Our Latest Analysis on BV Financial
Hedge Funds Weigh In On BV Financial
Several large investors have recently bought and sold shares of the company. Barclays PLC raised its position in BV Financial by 2.7% in the fourth quarter. Barclays PLC now owns 29,203 shares of the company's stock valued at $530,000 after purchasing an additional 781 shares during the last quarter. Hsbc Holdings PLC raised its position in BV Financial by 4.1% in the fourth quarter. Hsbc Holdings PLC now owns 22,539 shares of the company's stock valued at $406,000 after purchasing an additional 891 shares during the last quarter. BNP Paribas Financial Markets raised its position in BV Financial by 105.4% in the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company's stock valued at $38,000 after purchasing an additional 1,220 shares during the last quarter. Empowered Funds LLC raised its position in BV Financial by 9.7% in the first quarter. Empowered Funds LLC now owns 20,571 shares of the company's stock valued at $394,000 after purchasing an additional 1,824 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its position in BV Financial by 10.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 21,747 shares of the company's stock valued at $394,000 after purchasing an additional 1,983 shares during the last quarter. 42.65% of the stock is currently owned by institutional investors.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
