Joseph Galli Sells 2,027 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 2,027 shares of BV Financial stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $19.90, for a total transaction of $40,337.30. Following the transaction, the director owned 28,078 shares in the company, valued at approximately $558,752.20. The trade was a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

BV Financial Trading Down 0.7%

NASDAQ BVFL traded down $0.14 on Friday, hitting $19.77. 3,586 shares of the stock were exchanged, compared to its average volume of 15,108. BV Financial, Inc. has a 52-week low of $14.05 and a 52-week 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 has a market capitalization of $171.21 million, a price-to-earnings ratio of 14.22 and a beta of 0.32. The company’s 50-day moving average price is $19.61 and its two-hundred day moving average price is $18.99.

Analysts Set New Price Targets

BVFL has been the subject of a number of research reports. Wall Street Zen lowered shares of BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Institutional Investors Weigh In On BV Financial

Institutional investors and hedge funds have recently modified their holdings of the business. MetLife Investment Management LLC acquired a new stake in shares of BV Financial in the 4th quarter valued at $95,000. BNP Paribas Financial Markets lifted its position in BV Financial by 105.4% during the 3rd 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. JPMorgan Chase & Co. lifted its position in BV Financial by 98.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,135 shares of the company’s stock worth $131,000 after acquiring an additional 4,026 shares during the last quarter. Bank of America Corp DE lifted its position in BV Financial by 4,353.0% during the 2nd 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. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in BV Financial during the 2nd quarter worth $72,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

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.