Joseph Galli Sells 3,404 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,404 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $19.94, for a total transaction of $67,875.76. Following the sale, the director directly owned 24,674 shares in the company, valued at $491,999.56. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

BV Financial Price Performance

BVFL opened at $19.63 on Friday. BV Financial, Inc. has a one year low of $14.05 and a one year high of $20.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20. The company’s 50 day simple moving average is $19.63 and its 200-day simple moving average is $18.99. The stock has a market capitalization of $170.00 million, a P/E ratio of 14.12 and a beta of 0.32.

Hedge Funds Weigh In On BV Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in BV Financial by 10.4% in the first quarter. Bank of America Corp DE now owns 23,771 shares of the company’s stock valued at $455,000 after acquiring an additional 2,236 shares during the last quarter. Empowered Funds LLC boosted its stake in BV Financial by 9.7% in the first quarter. Empowered Funds LLC now owns 20,571 shares of the company’s stock valued at $394,000 after acquiring an additional 1,824 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in BV Financial by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company’s stock valued at $2,315,000 after acquiring an additional 5,428 shares during the last quarter. Hsbc Holdings PLC boosted its stake in BV Financial by 68.3% in the first quarter. Hsbc Holdings PLC now owns 37,923 shares of the company’s stock valued at $733,000 after acquiring an additional 15,384 shares during the last quarter. Finally, Beartown Capital Management LLC bought a new position in BV Financial in the fourth quarter valued at approximately $1,100,000. 42.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on BVFL. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. Wall Street Zen cut shares of BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, BV Financial currently has an average rating of “Hold”.

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.