Insider Selling: Bank7 (NASDAQ:BSVN) VP Sells 2,077 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN) VP Jason Estes sold 2,077 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $50.17, for a total transaction of $104,203.09. Following the completion of the transaction, the vice president directly owned 103,840 shares of the company’s stock, valued at $5,209,652.80. This represents a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Bank7 Stock Performance

BSVN traded up $0.70 during trading on Tuesday, reaching $51.01. 47,106 shares of the stock were exchanged, compared to its average volume of 16,595. The stock has a market cap of $485.62 million, a P/E ratio of 11.67 and a beta of 0.90. Bank7 Corp. has a twelve month low of $38.29 and a twelve month high of $52.99. The stock’s 50 day moving average price is $47.89 and its two-hundred day moving average price is $44.46.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results on Thursday, July 16th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.16). The firm had revenue of $22.91 million for the quarter, compared to the consensus estimate of $23.86 million. Bank7 had a return on equity of 16.74% and a net margin of 30.36%. Equities research analysts predict that Bank7 Corp. will post 4.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings raised shares of Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Piper Sandler lifted their price target on Bank7 from $57.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Keefe, Bruyette & Woods boosted their price target on Bank7 from $54.00 to $56.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Finally, Zacks Research lowered Bank7 from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $58.50.

Hedge Funds Weigh In On Bank7

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSVN. Renaissance Technologies LLC acquired a new position in shares of Bank7 in the first quarter valued at $475,000. Sei Investments Co. raised its position in shares of Bank7 by 91.2% in the first quarter. Sei Investments Co. now owns 41,174 shares of the company’s stock valued at $1,642,000 after purchasing an additional 19,641 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Bank7 by 60.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,604 shares of the company’s stock worth $64,000 after buying an additional 604 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Bank7 by 4.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 135,160 shares of the company’s stock worth $5,390,000 after buying an additional 5,303 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in shares of Bank7 by 7.0% during the 1st quarter. Hsbc Holdings PLC now owns 29,831 shares of the company’s stock worth $1,186,000 after buying an additional 1,942 shares during the period. 23.48% of the stock is owned by institutional investors.

Bank7 Company Profile

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.