PDT Partners LLC Takes $260,000 Position in Bank7 Corp. (NASDAQ:BSVN)

PDT Partners LLC acquired a new position in shares of Bank7 Corp. (NASDAQ:BSVN) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,564 shares of the company’s stock, valued at approximately $260,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Twin Lions Management LLC acquired a new position in shares of Bank7 during the fourth quarter worth $13,962,000. Dimensional Fund Advisors LP grew its stake in Bank7 by 15.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 98,288 shares of the company’s stock worth $4,586,000 after buying an additional 12,976 shares during the last quarter. Geode Capital Management LLC grew its stake in Bank7 by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company’s stock worth $3,610,000 after buying an additional 1,633 shares during the last quarter. Invesco Ltd. acquired a new position in Bank7 during the 4th quarter valued at about $4,291,000. Finally, Northern Trust Corp raised its stake in Bank7 by 6.6% in the fourth quarter. Northern Trust Corp now owns 62,000 shares of the company’s stock valued at $2,893,000 after buying an additional 3,824 shares during the last quarter. Hedge funds and other institutional investors own 23.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BSVN shares. Piper Sandler upped their price objective on shares of Bank7 from $53.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods cut their price target on shares of Bank7 from $50.00 to $47.00 and set an “outperform” rating on the stock in a research note on Friday, April 11th.

Insider Activity

In related news, insider Douglas A. Haines bought 1,433 shares of the stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average price of $39.91 per share, for a total transaction of $57,191.03. Following the completion of the purchase, the insider now directly owns 18,542 shares of the company’s stock, valued at $740,011.22. This represents a 8.38 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Henry Litchfield sold 5,000 shares of Bank7 stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $41.54, for a total value of $207,700.00. Following the transaction, the vice president now owns 13,375 shares of the company’s stock, valued at approximately $555,597.50. This represents a 27.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 44.01% of the company’s stock.

Bank7 Stock Performance

Bank7 stock opened at $37.44 on Friday. The business’s 50-day simple moving average is $37.89 and its two-hundred day simple moving average is $42.26. The company has a market cap of $353.73 million, a PE ratio of 7.74 and a beta of 1.15. Bank7 Corp. has a fifty-two week low of $27.36 and a fifty-two week high of $50.26.

Bank7 (NASDAQ:BSVN) last issued its earnings results on Thursday, April 10th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. The firm had revenue of $22.60 million for the quarter, compared to analyst estimates of $22.58 million. During the same quarter in the prior year, the firm earned $1.21 earnings per share. As a group, analysts predict that Bank7 Corp. will post 4.06 EPS for the current fiscal year.

Bank7 Company Profile

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.