Joseph S. Galli Sells 1,000 Shares of BV Financial, Inc. (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph S. Galli sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $15.94, for a total value of $15,940.00. Following the sale, the director now owns 81,309 shares of the company’s stock, valued at approximately $1,296,065.46. This represents a 1.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

BV Financial Stock Up 0.4%

NASDAQ BVFL opened at $15.85 on Thursday. The business has a 50 day moving average price of $15.06 and a 200-day moving average price of $15.88. BV Financial, Inc. has a 52 week low of $10.45 and a 52 week high of $18.19. The company has a market cap of $167.91 million, a price-to-earnings ratio of 14.54 and a beta of 0.63.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.30 earnings per share for the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%. The business had revenue of $9.17 million for the quarter.

Institutional Investors Weigh In On BV Financial

Large investors have recently added to or reduced their stakes in the company. Covestor Ltd boosted its stake in BV Financial by 20.3% in the 4th quarter. Covestor Ltd now owns 4,817 shares of the company’s stock worth $83,000 after purchasing an additional 814 shares during the period. Barclays PLC purchased a new position in BV Financial in the 3rd quarter worth approximately $52,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of BV Financial during the fourth quarter valued at approximately $93,000. Cubist Systematic Strategies LLC bought a new position in BV Financial in the fourth quarter worth $148,000. Finally, Citadel Advisors LLC raised its holdings in BV Financial by 92.7% in the fourth quarter. Citadel Advisors LLC now owns 23,582 shares of the company’s stock worth $406,000 after purchasing an additional 11,343 shares in the last quarter. Hedge funds and other institutional investors own 42.65% of the company’s stock.

BV Financial Company Profile

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.