BV Financial (NASDAQ:BVFL) Director Sells $29,445.00 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 1,500 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $19.63, for a total transaction of $29,445.00. Following the transaction, the director directly owned 20,933 shares in the company, valued at $410,914.79. The trade was a 6.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

BV Financial Stock Performance

NASDAQ BVFL traded down $0.82 during trading on Friday, reaching $18.68. The company’s stock had a trading volume of 15,171 shares, compared to its average volume of 12,935. The business’s fifty day moving average price is $18.90 and its 200-day moving average price is $17.57. BV Financial, Inc. has a twelve month low of $13.53 and a twelve month high of $19.88. The firm has a market cap of $166.25 million, a price-to-earnings ratio of 12.71 and a beta of 0.42.

Analysts Set New Price Targets

Several research firms have commented on BVFL. Wall Street Zen raised BV Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Institutional Investors Weigh In On BV Financial

Hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in BV Financial by 40.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after purchasing an additional 12,941 shares during the period. Jane Street Group LLC boosted its stake in shares of BV Financial by 74.4% in the first quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock valued at $637,000 after buying an additional 17,798 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of BV Financial in the second quarter valued at approximately $25,000. Geode Capital Management LLC grew its holdings in BV Financial by 95.5% during the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock worth $3,160,000 after acquiring an additional 101,350 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey acquired a new position in BV Financial during the second quarter worth $30,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

BV Financial Company Profile

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.