Bank7 Corp. (NASDAQ:BSVN) Shares Sold by EAM Investors LLC

EAM Investors LLC lessened its stake in Bank7 Corp. (NASDAQ:BSVN) by 5.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,217 shares of the company’s stock after selling 658 shares during the period. EAM Investors LLC’s holdings in Bank7 were worth $570,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BSVN. Barclays PLC grew its stake in shares of Bank7 by 25.7% in the fourth quarter. Barclays PLC now owns 16,287 shares of the company’s stock valued at $760,000 after buying an additional 3,334 shares in the last quarter. Invesco Ltd. acquired a new position in Bank7 in the 4th quarter valued at about $4,291,000. Wells Fargo & Company MN grew its holdings in shares of Bank7 by 30.1% in the fourth quarter. Wells Fargo & Company MN now owns 2,333 shares of the company’s stock valued at $109,000 after purchasing an additional 540 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Bank7 by 40.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 20,418 shares of the company’s stock worth $953,000 after acquiring an additional 5,871 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Bank7 by 674.6% during the 4th quarter. JPMorgan Chase & Co. now owns 13,370 shares of the company’s stock worth $624,000 after purchasing an additional 11,644 shares during the period. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BSVN shares. Piper Sandler lifted their price objective on Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Keefe, Bruyette & Woods lowered their price target on shares of Bank7 from $50.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, April 11th.

Insider Buying and Selling at Bank7

In related news, VP Henry Litchfield sold 5,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total transaction 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 $555,597.50. This trade represents a 27.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Douglas A. Haines bought 1,433 shares of Bank7 stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average price of $39.91 per share, with a total value of $57,191.03. Following the purchase, the insider now directly owns 18,542 shares in the company, valued at approximately $740,011.22. This trade represents a 8.38 % increase in their position. The disclosure for this purchase can be found here. 44.01% of the stock is owned by company insiders.

Bank7 Price Performance

Bank7 stock opened at $34.99 on Friday. The stock has a market cap of $330.59 million, a PE ratio of 7.23 and a beta of 1.15. The stock’s fifty day moving average is $39.23 and its two-hundred day moving average is $42.40. Bank7 Corp. has a 1-year low of $26.07 and a 1-year high of $50.26.

Bank7 (NASDAQ:BSVN) last posted its earnings results on Thursday, April 10th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.11. The firm had revenue of $22.60 million during the quarter, compared to analysts’ expectations of $22.58 million. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. During the same quarter in the previous year, the business earned $1.21 earnings per share. On average, research analysts expect that Bank7 Corp. will post 4.06 earnings per share for the current fiscal year.

About Bank7

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.