BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 8,122 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 8,122 shares of BV Financial stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $19.84, for a total value of $161,140.48. Following the sale, the director directly owned 3,080 shares in the company, valued at $61,107.20. The trade was a 72.50% 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 Stock Up 1.8%

NASDAQ BVFL opened at $20.35 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average is $19.83 and its two-hundred day moving average is $19.21. The company has a market capitalization of $176.23 million, a price-to-earnings ratio of 14.64 and a beta of 0.30. BV Financial, Inc. has a 1-year low of $14.05 and a 1-year high of $20.75.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in BV Financial by 95.5% during the 2nd 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 in the last quarter. Raymond James Financial Inc. acquired a new position in BV Financial during the 2nd quarter worth $1,248,000. Beartown Capital Management LLC acquired a new position in BV Financial during the 4th quarter worth $1,100,000. Saber Capital Managment LLC acquired a new position in BV Financial during the 4th quarter worth $622,000. Finally, Bridgeway Capital Management LLC acquired a new position in BV Financial during the 3rd quarter worth $319,000. 42.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BVFL shares. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, BV Financial has an average 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.