Bank7 Corp. (NASDAQ:BSVN) Director Purchases $27,250.00 in Stock

Bank7 Corp. (NASDAQ:BSVN) Director Edward Patrick Gray bought 1,000 shares of Bank7 stock in a transaction that occurred on Thursday, April 25th. The shares were acquired at an average cost of $27.25 per share, for a total transaction of $27,250.00. Following the acquisition, the director now owns 2,500 shares in the company, valued at approximately $68,125. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Bank7 Trading Up 0.4 %

NASDAQ:BSVN opened at $27.10 on Friday. The company has a 50-day moving average price of $27.55 and a 200-day moving average price of $25.76. Bank7 Corp. has a 12 month low of $19.53 and a 12 month high of $28.99. The stock has a market cap of $250.35 million, a price-to-earnings ratio of 8.39 and a beta of 1.45.

Bank7 (NASDAQ:BSVN) last posted its earnings results on Monday, January 29th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.20. Bank7 had a net margin of 21.70% and a return on equity of 17.97%. The firm had revenue of $39.17 million during the quarter, compared to analysts’ expectations of $21.10 million. During the same period last year, the company posted $0.91 EPS. Equities analysts forecast that Bank7 Corp. will post 4.05 EPS for the current fiscal year.

Institutional Investors Weigh In On Bank7

Several institutional investors and hedge funds have recently modified their holdings of BSVN. Bank of New York Mellon Corp lifted its position in Bank7 by 1.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 41,942 shares of the company’s stock valued at $944,000 after acquiring an additional 483 shares during the period. Russell Investments Group Ltd. lifted its position in Bank7 by 15.3% during the 4th quarter. Russell Investments Group Ltd. now owns 17,272 shares of the company’s stock valued at $472,000 after acquiring an additional 2,289 shares during the period. Hsbc Holdings PLC lifted its position in Bank7 by 15.3% during the 3rd quarter. Hsbc Holdings PLC now owns 12,882 shares of the company’s stock valued at $295,000 after acquiring an additional 1,711 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Bank7 during the 3rd quarter valued at about $274,000. Finally, Quadrature Capital Ltd purchased a new position in Bank7 during the 3rd quarter valued at about $275,000. 23.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on BSVN. Keefe, Bruyette & Woods raised their price target on shares of Bank7 from $38.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, January 30th. Stephens reissued an “equal weight” rating and issued a $31.00 price target on shares of Bank7 in a report on Tuesday, January 30th.

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.