Insider Selling: BV Financial (NASDAQ:BVFL) Director Sells $161,140.48 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 8,122 shares of BV Financial stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $19.84, for a total transaction of $161,140.48. Following the transaction, the director directly owned 3,080 shares in the company, valued at approximately $61,107.20. This represents a 72.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

BV Financial Trading Down 1.1%

Shares of NASDAQ BVFL opened at $19.88 on Thursday. The company’s fifty day moving average is $19.85 and its 200-day moving average is $19.23. The stock has a market cap of $172.16 million, a price-to-earnings ratio of 14.30 and a beta of 0.30. BV Financial, Inc. has a twelve month low of $14.05 and a twelve month high of $20.75. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On BV Financial

Institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its position in BV Financial by 105.4% in the 3rd 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 lifted 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 valued at $56,000 after acquiring an additional 3,613 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in BV Financial in the 2nd quarter valued at $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in BV Financial in the 2nd quarter valued at $72,000. Finally, MetLife Investment Management LLC bought a new stake in BV Financial in the 4th quarter valued at $95,000. 42.65% of the stock is owned by institutional investors.

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.