Joseph Galli Sells 1,067 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 1,067 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $19.90, for a total transaction of $21,233.30. Following the completion of the sale, the director directly owned 30,105 shares of the company’s stock, valued at $599,089.50. The trade was a 3.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

BV Financial Price Performance

BVFL opened at $19.91 on Friday. The business’s 50-day moving average is $19.61 and its two-hundred day moving average is $18.99. BV Financial, Inc. has a 1 year low of $14.05 and a 1 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 firm has a market capitalization of $172.42 million, a PE ratio of 14.32 and a beta of 0.32.

Institutional Investors Weigh In On BV Financial

Large investors have recently modified their holdings of the business. BNP Paribas Financial Markets grew its stake in shares of BV Financial by 105.4% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after acquiring an additional 1,220 shares during the last quarter. Bank of America Corp DE grew its stake in shares of BV Financial by 4,353.0% during the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after acquiring an additional 3,613 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of BV Financial during the second quarter worth about $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of BV Financial during the second quarter worth about $72,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of BV Financial during the fourth quarter worth about $95,000. Hedge funds and other institutional investors own 42.65% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on BVFL. Weiss Ratings reiterated a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. Wall Street Zen lowered 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, According to data from MarketBeat.com, BV Financial has a consensus 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.