Bank7 (NASDAQ:BSVN) VP Jason Estes Sells 3,225 Shares

Bank7 Corp. (NASDAQ:BSVNGet Free Report) VP Jason Estes sold 3,225 shares of the stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $49.51, for a total transaction of $159,669.75. Following the sale, the vice president directly owned 101,898 shares of the company’s stock, valued at approximately $5,044,969.98. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Bank7 Stock Up 1.2%

Shares of Bank7 stock opened at $50.17 on Wednesday. The company has a market cap of $477.62 million, a P/E ratio of 11.48 and a beta of 0.91. The firm’s 50 day moving average price is $47.35 and its 200-day moving average price is $44.25. Bank7 Corp. has a 52-week low of $38.29 and a 52-week high of $52.99.

Bank7 (NASDAQ:BSVNGet Free Report) last posted its earnings results on Thursday, July 16th. The company reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.16). The firm had revenue of $22.91 million for the quarter, compared to analysts’ expectations of $23.86 million. Bank7 had a net margin of 30.36% and a return on equity of 16.74%. As a group, equities research analysts forecast that Bank7 Corp. will post 4.26 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BSVN. AQR Capital Management LLC acquired a new stake in shares of Bank7 during the 1st quarter worth approximately $227,000. Goldman Sachs Group Inc. boosted its holdings in Bank7 by 11.7% during the first quarter. Goldman Sachs Group Inc. now owns 30,056 shares of the company’s stock worth $1,164,000 after buying an additional 3,145 shares in the last quarter. Geode Capital Management LLC grew its position in Bank7 by 2.5% during the second quarter. Geode Capital Management LLC now owns 101,428 shares of the company’s stock valued at $4,243,000 after buying an additional 2,442 shares during the period. JPMorgan Chase & Co. increased its holdings in Bank7 by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 12,766 shares of the company’s stock valued at $534,000 after buying an additional 245 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of Bank7 by 13.3% in the second quarter. Russell Investments Group Ltd. now owns 28,829 shares of the company’s stock worth $1,206,000 after acquiring an additional 3,378 shares during the period. 23.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Keefe, Bruyette & Woods upped their target price on Bank7 from $54.00 to $56.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Piper Sandler upped their price objective on shares of Bank7 from $57.00 to $61.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Zacks Research cut shares of Bank7 from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Weiss Ratings upgraded shares of Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $58.50.

Get Our Latest Analysis on Bank7

Bank7 Company Profile

(Get Free Report)

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.

Featured Articles

Receive News & Ratings for Bank7 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank7 and related companies with MarketBeat.com's FREE daily email newsletter.