Point72 Asia Singapore Pte. Ltd. Purchases Shares of 5,427 BV Financial, Inc. (NASDAQ:BVFL)

Point72 Asia Singapore Pte. Ltd. acquired a new stake in BV Financial, Inc. (NASDAQ:BVFL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,427 shares of the company’s stock, valued at approximately $93,000.

A number of other hedge funds and other institutional investors have also modified their holdings of BVFL. Barclays PLC acquired a new stake in BV Financial during the 3rd quarter worth $52,000. Covestor Ltd boosted its holdings in shares of BV Financial by 20.3% in the fourth quarter. Covestor Ltd now owns 4,817 shares of the company’s stock valued at $83,000 after acquiring an additional 814 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in BV Financial during the fourth quarter worth about $148,000. OMERS ADMINISTRATION Corp purchased a new stake in BV Financial during the fourth quarter worth about $260,000. Finally, 683 Capital Management LLC purchased a new stake in BV Financial during the fourth quarter worth about $375,000. 42.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Joseph S. Galli sold 3,454 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $15.92, for a total value of $54,987.68. Following the completion of the transaction, the director now owns 1,559 shares of the company’s stock, valued at $24,819.28. The trade was a 68.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold a total of 6,254 shares of company stock valued at $99,589 over the last 90 days. Insiders own 11.79% of the company’s stock.

BV Financial Trading Up 1.0%

Shares of BVFL opened at $15.80 on Friday. The stock has a market cap of $166.36 million, a P/E ratio of 14.50 and a beta of 0.63. The company has a 50-day moving average of $15.10 and a two-hundred day moving average of $15.89. BV Financial, Inc. has a 12-month low of $10.47 and a 12-month high of $18.19.

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

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.