Insider Selling: BV Financial (NASDAQ:BVFL) Director Sells 2,027 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 2,027 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $19.90, for a total transaction of $40,337.30. Following the completion of the transaction, the director directly owned 28,078 shares in the company, valued at $558,752.20. This represents a 6.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

BV Financial Stock Performance

NASDAQ BVFL traded down $0.14 during trading hours on Friday, reaching $19.77. The company’s stock had a trading volume of 3,586 shares, compared to its average volume of 15,108. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The business has a 50-day simple moving average of $19.61 and a 200 day simple moving average of $18.99. BV Financial, Inc. has a 52 week low of $14.05 and a 52 week high of $20.54. The stock has a market cap of $171.21 million, a PE ratio of 14.22 and a beta of 0.32.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BVFL. Geode Capital Management LLC grew its position in BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock worth $3,160,000 after buying an additional 101,350 shares during the last quarter. Raymond James Financial Inc. purchased a new position in BV Financial during the 2nd quarter worth approximately $1,248,000. Beartown Capital Management LLC purchased a new position in BV Financial during the 4th quarter worth approximately $1,100,000. Saber Capital Managment LLC purchased a new position in BV Financial during the 4th quarter worth approximately $622,000. Finally, Bridgeway Capital Management LLC purchased a new position in BV Financial during the 3rd quarter worth approximately $319,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

Wall Street Analysts Forecast Growth

BVFL has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen cut BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average 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.