BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 3,060 Shares

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,060 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $19.93, for a total value of $60,985.80. Following the completion of the transaction, the director directly owned 21,500 shares of the company’s stock, valued at approximately $428,495. This trade represents a 12.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

BV Financial Price Performance

BVFL stock traded down $0.66 during midday trading on Monday, reaching $19.53. The company had a trading volume of 10,610 shares, compared to its average volume of 15,056. The company has a market capitalization of $169.13 million, a price-to-earnings ratio of 14.05 and a beta of 0.30. The stock has a 50 day moving average price of $19.72 and a 200-day moving average price of $19.11. BV Financial, Inc. has a 1-year low of $14.05 and a 1-year high of $20.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20.

Institutional Investors Weigh In On BV Financial

A number of large investors have recently modified their holdings of BVFL. Goldman Sachs Group Inc. lifted its stake in shares of BV Financial by 40.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock valued at $683,000 after acquiring an additional 12,941 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of BV Financial by 74.4% in the 1st quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock valued at $637,000 after acquiring an additional 17,798 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of BV Financial by 95.5% in the 2nd quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock valued at $3,160,000 after acquiring an additional 101,350 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of BV Financial in the 2nd quarter valued at $63,000. Finally, Rhumbline Advisers bought a new position in shares of BV Financial in the 2nd quarter valued at $197,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BVFL. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, BV Financial has a consensus rating of “Hold”.

BV Financial Company Profile

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.