Jason Estes Sells 3,225 Shares of Bank7 (NASDAQ:BSVN) Stock

Bank7 Corp. (NASDAQ:BSVN) VP Jason Estes sold 3,225 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $49.51, for a total transaction of $159,669.75. Following the transaction, the vice president owned 101,898 shares of the company’s stock, valued at $5,044,969.98. This trade represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Bank7 Stock Up 1.7%

NASDAQ:BSVN traded up $0.83 during trading hours on Tuesday, hitting $50.39. 7,083 shares of the company’s stock traded hands, compared to its average volume of 15,816. Bank7 Corp. has a 52 week low of $38.29 and a 52 week high of $52.99. The business’s fifty day simple moving average is $47.19 and its two-hundred day simple moving average is $44.19. The firm has a market cap of $479.66 million, a P/E ratio of 11.53 and a beta of 0.91.

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

Institutional Trading of Bank7

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new stake in shares of Bank7 during the 1st quarter valued at about $475,000. Sei Investments Co. raised its holdings in Bank7 by 91.2% in the first quarter. Sei Investments Co. now owns 41,174 shares of the company’s stock worth $1,642,000 after purchasing an additional 19,641 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Bank7 by 60.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,604 shares of the company’s stock worth $64,000 after acquiring an additional 604 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Bank7 by 4.1% in the first quarter. Dimensional Fund Advisors LP now owns 135,160 shares of the company’s stock worth $5,390,000 after purchasing an additional 5,303 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Bank7 by 7.0% during the first quarter. Hsbc Holdings PLC now owns 29,831 shares of the company’s stock valued at $1,186,000 after purchasing an additional 1,942 shares in the last quarter. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Analyst Upgrades and Downgrades

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

About Bank7

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.