Joseph Galli Sells 3,404 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,404 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $19.94, for a total transaction of $67,875.76. Following the completion of the transaction, the director owned 24,674 shares in the company, valued at approximately $491,999.56. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

BV Financial Trading Down 1.6%

Shares of BVFL stock traded down $0.33 during trading hours on Friday, hitting $19.59. 5,902 shares of the company were exchanged, compared to its average volume of 15,113. The firm has a market cap of $169.61 million, a PE ratio of 14.09 and a beta of 0.32. BV Financial, Inc. has a 1 year low of $14.05 and a 1 year high of $20.54. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. The firm has a fifty day moving average of $19.61 and a 200 day moving average of $18.99.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BVFL. Weiss Ratings restated a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen downgraded shares of BV Financial from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Institutional Trading of BV Financial

A number of hedge funds have recently made changes to their positions in BVFL. Bank of America Corp DE boosted its holdings in BV Financial by 10.4% in the first quarter. Bank of America Corp DE now owns 23,771 shares of the company’s stock worth $455,000 after purchasing an additional 2,236 shares during the period. Empowered Funds LLC boosted its holdings in BV Financial by 9.7% in the first quarter. Empowered Funds LLC now owns 20,571 shares of the company’s stock worth $394,000 after purchasing an additional 1,824 shares during the period. Dimensional Fund Advisors LP boosted its holdings in BV Financial by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company’s stock worth $2,315,000 after purchasing an additional 5,428 shares during the period. Hsbc Holdings PLC boosted its holdings in BV Financial by 68.3% in the first quarter. Hsbc Holdings PLC now owns 37,923 shares of the company’s stock worth $733,000 after purchasing an additional 15,384 shares during the period. Finally, Beartown Capital Management LLC acquired a new position in BV Financial in the fourth quarter worth $1,100,000. Institutional investors and hedge funds 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.