Bank7 (NASDAQ:BSVN) EVP Darrell Lee Jr. Mathews Sells 1,000 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN) EVP Darrell Lee Jr. Mathews sold 1,000 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $43.00, for a total value of $43,000.00. Following the sale, the executive vice president directly owned 6,497 shares in the company, valued at $279,371. This trade represents a 13.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bank7 Stock Performance

BSVN stock opened at $43.61 on Thursday. The firm has a market cap of $415.17 million, a price-to-earnings ratio of 9.36 and a beta of 0.93. The firm has a 50-day simple moving average of $41.57 and a two-hundred day simple moving average of $42.35. Bank7 Corp. has a one year low of $36.47 and a one year high of $50.10.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.24. The firm had revenue of $26.16 million during the quarter, compared to analysts’ expectations of $23.63 million. Bank7 had a return on equity of 18.52% and a net margin of 31.77%. As a group, equities analysts predict that Bank7 Corp. will post 4.45 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bank7

A number of institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC raised its stake in shares of Bank7 by 7.0% during the 1st quarter. Hsbc Holdings PLC now owns 29,831 shares of the company’s stock valued at $1,186,000 after buying an additional 1,942 shares during the last quarter. R Squared Ltd grew its position in shares of Bank7 by 37.2% during the 1st quarter. R Squared Ltd now owns 7,176 shares of the company’s stock valued at $286,000 after acquiring an additional 1,945 shares during the period. Zacks Investment Management acquired a new stake in shares of Bank7 during the 4th quarter valued at about $202,000. Quadrature Capital Ltd acquired a new stake in shares of Bank7 during the 4th quarter valued at about $279,000. Finally, Millennium Management LLC grew its position in shares of Bank7 by 137.9% during the 4th quarter. Millennium Management LLC now owns 21,997 shares of the company’s stock valued at $901,000 after acquiring an additional 12,749 shares during the period. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Weiss Ratings upgraded Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, April 24th. Keefe, Bruyette & Woods reduced their price objective on Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday, April 15th. Zacks Research upgraded Bank7 from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Finally, Piper Sandler lifted their price objective on Bank7 from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $54.50.

About Bank7

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.