Joseph Galli Sells 5,000 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $19.85, for a total value of $99,250.00. Following the transaction, the director directly owned 11,202 shares in the company, valued at approximately $222,359.70. The trade was a 30.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

BV Financial Stock Performance

Shares of BVFL stock opened at $20.00 on Friday. The stock’s 50-day moving average is $19.81 and its two-hundred day moving average is $19.18. The firm has a market cap of $173.20 million, a price-to-earnings ratio of 14.39 and a beta of 0.30. 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 quick ratio of 1.20 and a current ratio of 1.20.

Hedge Funds Weigh In On BV Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in BVFL. Goldman Sachs Group Inc. grew its holdings in shares of BV Financial by 40.6% during the first quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after buying an additional 12,941 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of BV Financial by 74.4% during the first quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock worth $637,000 after buying an additional 17,798 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of BV Financial by 95.5% during the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock worth $3,160,000 after buying an additional 101,350 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of BV Financial during the second quarter worth about $63,000. Finally, Rhumbline Advisers purchased a new position in shares of BV Financial during the second quarter worth about $197,000. Hedge funds and other institutional investors own 42.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen lowered BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, BV Financial presently has a consensus rating of “Hold”.

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.