Key Points
- BV Financial director Joseph Galli sold 5,000 shares on June 10 at an average price of $19.85, for proceeds of $99,250. After the sale, he still owned 11,202 shares.
- The transaction represented a 30.86% reduction in Galli’s position and was disclosed in an SEC filing.
- BV Financial’s stock recently traded near $19.71, with analysts maintaining an overall Hold view and institutional ownership at about 42.65%.
BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph Galli sold 5,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $19.85, for a total value of $99,250.00. Following the completion of the sale, the director owned 11,202 shares in the company, valued at approximately $222,359.70. The trade was a 30.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
BV Financial Stock Performance
BVFL stock opened at $19.71 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. The business's fifty day simple moving average is $19.79 and its two-hundred day simple moving average is $19.18. BV Financial, Inc. has a twelve month low of $14.05 and a twelve month high of $20.54. The firm has a market cap of $170.69 million, a price-to-earnings ratio of 14.18 and a beta of 0.30.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on BVFL. Weiss Ratings restated 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 investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold".
Check Out Our Latest Stock Report on BVFL
Hedge Funds Weigh In On BV Financial
Institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its stake in shares of BV Financial by 105.4% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company's stock valued at $38,000 after buying an additional 1,220 shares during the period. Bank of America Corp DE increased its stake in shares of BV Financial by 4,353.0% during the second quarter. Bank of America Corp DE now owns 3,696 shares of the company's stock valued at $56,000 after buying an additional 3,613 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of BV Financial during the second quarter valued at $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of BV Financial during the second quarter valued at $72,000. Finally, MetLife Investment Management LLC purchased a new position in shares of BV Financial during the fourth quarter valued at $95,000. Hedge funds and other institutional investors 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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