Joseph Galli Sells 3,060 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,060 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $19.93, for a total transaction of $60,985.80. Following the completion of the sale, the director directly owned 21,500 shares in the company, valued at approximately $428,495. This represents a 12.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

BV Financial Stock Performance

Shares of BV Financial stock opened at $19.80 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. BV Financial, Inc. has a twelve month low of $14.05 and a twelve month high of $20.54. The stock has a market cap of $171.47 million, a price-to-earnings ratio of 14.24 and a beta of 0.30. The company’s fifty day moving average is $19.76 and its 200 day moving average is $19.15.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wall Street Zen cut 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 research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, BV Financial presently has an average rating of “Hold”.

Hedge Funds Weigh In On BV Financial

Several hedge funds and other institutional investors have recently bought and sold shares of BVFL. Geode Capital Management LLC lifted its holdings in BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock valued at $3,160,000 after buying an additional 101,350 shares during the period. Raymond James Financial Inc. acquired a new position in BV Financial in the second quarter valued at $1,248,000. Beartown Capital Management LLC acquired a new position in BV Financial in the fourth quarter valued at $1,100,000. Saber Capital Managment LLC acquired a new position in BV Financial in the fourth quarter valued at $622,000. Finally, Bridgeway Capital Management LLC acquired a new position in BV Financial in the third quarter valued at $319,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

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.