BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 5,000 Shares

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $19.85, for a total value of $99,250.00. Following the sale, the director owned 11,202 shares in the company, valued at approximately $222,359.70. This represents a 30.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

BV Financial Price Performance

Shares of BV Financial stock traded down $0.52 during trading on Thursday, hitting $19.71. The stock had a trading volume of 29,167 shares, compared to its average volume of 16,623. The firm has a market cap of $170.69 million, a price-to-earnings ratio of 14.18 and a beta of 0.30. BV Financial, Inc. has a 12 month low of $14.05 and a 12 month high of $20.54. The business’s 50-day moving average is $19.78 and its 200 day moving average is $19.17. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of BV Financial by 105.4% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after acquiring an additional 1,220 shares in the last quarter. Bank of America Corp DE grew its position in BV Financial by 4,353.0% in the 2nd quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after purchasing an additional 3,613 shares during the period. JPMorgan Chase & Co. bought a new stake in BV Financial in the 2nd quarter worth approximately $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in BV Financial in the 2nd quarter worth approximately $72,000. Finally, MetLife Investment Management LLC bought a new stake in BV Financial in the 4th quarter worth approximately $95,000. Institutional investors own 42.65% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BVFL shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen cut shares of BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

About BV Financial

BV Financial, Inc operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company offers checking and money market accounts, savings accounts, and certificates of deposits. Its loan products include real estate, home equity, construction, lot, auto, boat, and other personal loans; and commercial lending products, such as commercial equipment/installation, commercial real estate, construction, investment real estate, lines of credit, and SBA loans, as well as loans for short-term real estate purchase, renovation, and sale projects.