Key Points
- B.V. Financial director Joseph Galli sold 3,060 shares on June 5 at an average price of $19.93, totaling about $60,986. After the sale, he still owned 21,500 shares, reducing his stake by 12.46%.
- BV Financial stock was down 3.3% in Tuesday trading, opening at $19.53. The company has a market cap of $169.13 million, a P/E ratio of 14.05, and a low-beta profile of 0.30.
- Analyst sentiment remains mixed but cautious, with Wall Street Zen recently cutting the stock from hold to sell while the overall consensus rating from MarketBeat remains “Hold.” Institutional investors continue to own a significant portion of the shares, at 42.65%.
BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph Galli sold 3,060 shares of BV Financial stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $19.93, for a total transaction of $60,985.80. Following the transaction, the director directly owned 21,500 shares of the company's stock, valued at $428,495. This represents a 12.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
BV Financial Trading Down 3.3%
BVFL opened at $19.53 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $169.13 million, a PE ratio of 14.05 and a beta of 0.30. BV Financial, Inc. has a 1-year low of $14.05 and a 1-year high of $20.54. The firm has a 50-day moving average price of $19.73 and a two-hundred day moving average price of $19.12.
Wall Street Analysts Forecast Growth
BVFL has been the subject of several research reports. Wall Street Zen cut shares of BV Financial from a "hold" rating to a "sell" rating in a research report on Monday, May 18th. Weiss Ratings restated a "hold (c+)" rating on shares of BV Financial in a research report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold".
View Our Latest Stock Report on BVFL
Institutional Investors Weigh In On BV Financial
Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of BV Financial by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 500,809 shares of the company's stock worth $8,073,000 after buying an additional 4,254 shares during the period. Geode Capital Management LLC grew its holdings in BV Financial by 95.5% during 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 during the period. Dimensional Fund Advisors LP grew its holdings in BV Financial by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company's stock valued at $2,315,000 after purchasing an additional 5,428 shares during the period. Raymond James Financial Inc. grew its holdings in BV Financial by 2.8% during the third quarter. Raymond James Financial Inc. now owns 84,231 shares of the company's stock valued at $1,358,000 after purchasing an additional 2,314 shares during the period. Finally, Beartown Capital Management LLC acquired a new position in BV Financial during the fourth quarter valued at approximately $1,100,000. Institutional investors and hedge funds own 42.65% of the company's stock.
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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