BV Financial, Inc. (NASDAQ:BVFL) Director Joseph S. Galli Sells 1,000 Shares

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph S. Galli sold 1,000 shares of BV Financial stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $15.94, for a total value of $15,940.00. Following the transaction, the director now directly owns 81,309 shares of the company’s stock, valued at $1,296,065.46. The trade was a 1.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

BV Financial Stock Down 0.1%

BVFL stock opened at $15.79 on Wednesday. The firm has a market capitalization of $167.28 million, a PE ratio of 14.49 and a beta of 0.63. BV Financial, Inc. has a twelve month low of $10.45 and a twelve month high of $18.19. The stock has a 50-day simple moving average of $15.04 and a two-hundred day simple moving average of $15.88.

BV Financial (NASDAQ:BVFL) last posted its earnings results on Thursday, April 17th. The company reported $0.30 earnings per share for the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%. The business had revenue of $9.17 million during the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Covestor Ltd grew its holdings in shares of BV Financial by 20.3% during the fourth quarter. Covestor Ltd now owns 4,817 shares of the company’s stock worth $83,000 after purchasing an additional 814 shares in the last quarter. Barclays PLC purchased a new position in shares of BV Financial during the third quarter worth about $52,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of BV Financial during the fourth quarter worth about $93,000. Cubist Systematic Strategies LLC purchased a new position in shares of BV Financial during the fourth quarter worth about $148,000. Finally, Citadel Advisors LLC grew its holdings in shares of BV Financial by 92.7% during the fourth quarter. Citadel Advisors LLC now owns 23,582 shares of the company’s stock worth $406,000 after purchasing an additional 11,343 shares in the last quarter. Hedge funds and other institutional investors own 42.65% of the company’s stock.

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.