Sei Investments Co. Buys 19,641 Shares of Bank7 Corp. $BSVN

Sei Investments Co. boosted its position in shares of Bank7 Corp. (NASDAQ:BSVN) by 91.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,174 shares of the company’s stock after purchasing an additional 19,641 shares during the quarter. Sei Investments Co. owned 0.43% of Bank7 worth $1,642,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BSVN. JPMorgan Chase & Co. lifted its position in Bank7 by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,766 shares of the company’s stock valued at $534,000 after acquiring an additional 245 shares in the last quarter. State of Wisconsin Investment Board increased its holdings in Bank7 by 25.9% during the 4th quarter. State of Wisconsin Investment Board now owns 10,700 shares of the company’s stock worth $438,000 after purchasing an additional 2,200 shares in the last quarter. Millennium Management LLC bought a new position in Bank7 during the 3rd quarter worth about $428,000. Victory Capital Management Inc. acquired a new stake in shares of Bank7 in the 3rd quarter valued at about $327,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Bank7 in the 4th quarter valued at about $279,000. Institutional investors own 23.48% of the company’s stock.

Insider Activity at Bank7

In other news, VP Jason E. Estes sold 3,225 shares of the stock in a transaction dated 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 represents a 3.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Douglas A. Haines sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $44.07, for a total value of $44,070.00. Following the completion of the transaction, the insider owned 16,647 shares in the company, valued at $733,633.29. This represents a 5.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 6,702 shares of company stock worth $328,443. Insiders own 25.71% of the company’s stock.

Bank7 Trading Up 0.1%

NASDAQ BSVN opened at $50.60 on Tuesday. The firm has a market capitalization of $481.71 million, a price-to-earnings ratio of 11.58 and a beta of 0.90. The firm’s 50 day simple moving average is $48.53 and its 200 day simple moving average is $44.69. Bank7 Corp. has a 1 year low of $38.29 and a 1 year high of $52.99.

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

Wall Street Analyst Weigh In

BSVN has been the subject of several recent research reports. Keefe, Bruyette & Woods increased their target price on shares of Bank7 from $54.00 to $56.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Weiss Ratings upgraded shares of Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 12th. Piper Sandler boosted their price target on shares of Bank7 from $57.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Finally, Zacks Research downgraded shares of Bank7 from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.50.

Bank7 Profile

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.