Joseph Galli Sells 5,000 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of BV Financial stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $19.85, for a total value of $99,250.00. Following the completion of the transaction, the director directly owned 11,202 shares of the company’s stock, valued at approximately $222,359.70. This trade represents a 30.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

BV Financial Trading Down 2.6%

BVFL stock traded down $0.52 during mid-day trading on Thursday, reaching $19.71. The company’s stock had a trading volume of 29,167 shares, compared to its average volume of 16,623. BV Financial, Inc. has a 12 month low of $14.05 and a 12 month high of $20.54. The company has a market cap of $170.69 million, a price-to-earnings ratio of 14.18 and a beta of 0.30. The business’s 50 day moving average price is $19.78 and its 200 day moving average price is $19.17. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On BV Financial

A number of hedge funds have recently added to or reduced their stakes in BVFL. Vanguard Group Inc. boosted its stake in shares of BV Financial by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 500,809 shares of the company’s stock worth $8,073,000 after buying an additional 4,254 shares during the last quarter. Geode Capital Management LLC boosted 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 worth $3,160,000 after buying an additional 101,350 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of BV Financial by 4.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company’s stock worth $2,315,000 after buying an additional 5,428 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of BV Financial by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 84,231 shares of the company’s stock worth $1,358,000 after buying an additional 2,314 shares during the last quarter. Finally, Beartown Capital Management LLC purchased a new position in shares of BV Financial in the 4th quarter worth approximately $1,100,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research report on Friday, March 27th. Wall Street Zen lowered BV Financial from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, BV Financial presently has an average 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.