Bank7 Corp. (NASDAQ:BSVN) VP Henry Litchfield Sells 5,000 Shares

Bank7 Corp. (NASDAQ:BSVN) VP Henry Litchfield sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $41.54, for a total value of $207,700.00. Following the completion of the sale, the vice president now directly owns 13,375 shares of the company’s stock, valued at approximately $555,597.50. The trade was a 27.21 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Bank7 Trading Down 1.2 %

Shares of NASDAQ BSVN opened at $40.60 on Friday. The company has a market capitalization of $379.33 million, a P/E ratio of 8.39 and a beta of 1.46. Bank7 Corp. has a 12 month low of $26.07 and a 12 month high of $50.26. The stock has a 50 day moving average of $43.69 and a 200-day moving average of $42.55.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. Analysts predict that Bank7 Corp. will post 4.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on BSVN. Keefe, Bruyette & Woods dropped their price target on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. Piper Sandler upped their target price on shares of Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, January 17th.

Institutional Trading of Bank7

A number of hedge funds have recently modified their holdings of the stock. R Squared Ltd bought a new position in Bank7 in the 4th quarter valued at about $30,000. BNP Paribas Financial Markets boosted its holdings in shares of Bank7 by 22.9% during the third quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company’s stock worth $56,000 after acquiring an additional 280 shares during the period. MetLife Investment Management LLC acquired a new position in shares of Bank7 in the third quarter valued at approximately $86,000. Virtus Investment Advisers Inc. bought a new position in shares of Bank7 during the fourth quarter worth approximately $98,000. Finally, Wells Fargo & Company MN lifted its holdings in Bank7 by 30.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,333 shares of the company’s stock worth $109,000 after purchasing an additional 540 shares during the last quarter. Institutional investors and hedge funds own 23.48% of the company’s stock.

Bank7 Company Profile

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.