BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 3,404 Shares

BV Financial, Inc. (NASDAQ:BVFLGet Free Report) Director Joseph Galli sold 3,404 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $19.94, for a total transaction of $67,875.76. Following the sale, the director owned 24,674 shares of the company’s stock, valued at $491,999.56. This represents a 12.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

BV Financial Stock Down 1.6%

Shares of NASDAQ:BVFL traded down $0.33 during trading on Friday, hitting $19.59. 5,902 shares of the company were exchanged, compared to its average volume of 15,113. The stock has a market capitalization of $169.61 million, a P/E ratio of 14.09 and a beta of 0.32. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20. BV Financial, Inc. has a 12-month low of $14.05 and a 12-month high of $20.54. The firm’s 50 day moving average price is $19.61 and its 200-day moving average price is $18.99.

Analysts Set New Price Targets

BVFL has been the subject of several research reports. Wall Street Zen downgraded shares of BV Financial from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. Weiss Ratings reiterated 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, Based on data from MarketBeat.com, BV Financial has a consensus rating of “Hold”.

Check Out Our Latest Report on BVFL

Institutional Investors Weigh In On BV Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. MetLife Investment Management LLC purchased a new stake in shares of BV Financial in the 4th quarter worth about $95,000. BNP Paribas Financial Markets lifted its holdings in BV Financial by 105.4% in the 3rd 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in BV Financial by 98.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,135 shares of the company’s stock valued at $131,000 after purchasing an additional 4,026 shares in the last quarter. Bank of America Corp DE lifted its holdings in BV Financial by 4,353.0% in the 2nd quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock valued at $56,000 after purchasing an additional 3,613 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in BV Financial in the 2nd quarter valued at about $72,000. 42.65% of the stock is currently owned by hedge funds and other institutional investors.

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.

See Also

Insider Buying and Selling by Quarter for BV Financial (NASDAQ:BVFL)

Receive News & Ratings for BV Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BV Financial and related companies with MarketBeat.com's FREE daily email newsletter.