Key Points
- Director Joseph Galli sold 8,122 shares of BV Financial on June 11 at an average price of $19.84, reducing his stake by 72.5% to 3,080 shares.
- BV Financial stock rose 1.8% and was trading at $20.35, near its 52-week high of $20.75. The company has a market cap of $176.23 million and a low beta of 0.30.
- Analyst sentiment remains cautious, with the stock carrying an average “Hold” rating after one firm downgraded it to “Sell.” Meanwhile, institutional investors own 42.65% of the company, and Geode Capital Management significantly increased its position.
BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph Galli sold 3,080 shares of the company's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $19.82, for a total transaction of $61,045.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
BV Financial Price Performance
Shares of NASDAQ:BVFL opened at $20.35 on Tuesday. The firm has a market cap of $176.23 million, a price-to-earnings ratio of 14.64 and a beta of 0.30. BV Financial, Inc. has a 1 year low of $14.05 and a 1 year high of $20.75. 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 business has a fifty day simple moving average of $19.83 and a 200 day simple moving average of $19.21.
Institutional Investors Weigh In On BV Financial
A number of large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its holdings in 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 in the last quarter. Bank of America Corp DE increased its holdings in shares of BV Financial by 4,353.0% during the 2nd quarter. Bank of America Corp DE now owns 3,696 shares of the company's stock valued at $56,000 after acquiring an additional 3,613 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of BV Financial during the 2nd quarter valued at about $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of BV Financial in the 2nd quarter valued at approximately $72,000. Finally, MetLife Investment Management LLC bought a new position in shares of BV Financial in the 4th quarter valued at approximately $95,000. 42.65% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Wall Street Zen lowered BV Financial from a "hold" rating to a "sell" rating in a report on Monday, May 18th. Weiss Ratings restated a "hold (c+)" rating on shares of BV Financial in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, BV Financial presently has a consensus rating of "Hold".
View Our Latest Report on BVFL
About BV Financial
(
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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