Bank7 (NASDAQ:BSVN) VP Jason Estes Sells 400 Shares

Bank7 Corp. (NASDAQ:BSVN) VP Jason Estes sold 400 shares of Bank7 stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $51.25, for a total transaction of $20,500.00. Following the sale, the vice president owned 105,917 shares in the company, valued at $5,428,246.25. This represents a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Bank7 Price Performance

Shares of Bank7 stock opened at $51.01 on Wednesday. Bank7 Corp. has a 52-week low of $38.29 and a 52-week high of $52.99. The firm has a market capitalization of $485.62 million, a PE ratio of 11.67 and a beta of 0.90. The company’s fifty day moving average price is $48.03 and its two-hundred day moving average price is $44.52.

Bank7 (NASDAQ:BSVN) last released its quarterly earnings data on Thursday, July 16th. The company reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.16). Bank7 had a return on equity of 16.74% and a net margin of 30.36%.The business had revenue of $22.91 million for the quarter, compared to the consensus estimate of $23.86 million. Analysts predict that Bank7 Corp. will post 4.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BSVN shares. Zacks Research downgraded Bank7 from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Piper Sandler raised their target price on Bank7 from $57.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Weiss Ratings raised Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 12th. Finally, Keefe, Bruyette & Woods increased their price objective on Bank7 from $54.00 to $56.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $58.50.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BSVN. State of Alaska Department of Revenue boosted its holdings in shares of Bank7 by 77.8% in the 4th quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock worth $27,000 after acquiring an additional 294 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Bank7 by 60.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,604 shares of the company’s stock valued at $64,000 after purchasing an additional 604 shares in the last quarter. BNP Paribas Financial Markets raised its position in Bank7 by 30.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock valued at $84,000 after purchasing an additional 420 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Bank7 by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,763 shares of the company’s stock worth $195,000 after purchasing an additional 1,540 shares in the last quarter. Finally, Zacks Investment Management acquired a new position in Bank7 in the fourth quarter worth $202,000. Institutional investors own 23.48% of the company’s stock.

Bank7 Company Profile

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.