Insider Selling: BV Financial (NASDAQ:BVFL) Director Sells 8,122 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 8,122 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $19.84, for a total transaction of $161,140.48. Following the transaction, the director directly owned 3,080 shares in the company, valued at $61,107.20. The trade was a 72.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

BV Financial Stock Performance

BV Financial stock traded up $0.63 during midday trading on Monday, hitting $20.63. 2,834 shares of the company’s stock were exchanged, compared to its average volume of 16,525. BV Financial, Inc. has a 12-month low of $14.05 and a 12-month high of $20.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market cap of $178.59 million, a price-to-earnings ratio of 14.84 and a beta of 0.30. The firm’s 50 day simple moving average is $19.81 and its 200 day simple moving average is $19.19.

Institutional Investors Weigh In On BV Financial

Hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in BV Financial by 105.4% in the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after purchasing an additional 1,220 shares during the period. Bank of America Corp DE lifted its position in BV Financial by 4,353.0% in the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock valued at $56,000 after purchasing an additional 3,613 shares during the period. JPMorgan Chase & Co. acquired a new stake in BV Financial in the second quarter valued at about $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in BV Financial in the second quarter valued at about $72,000. Finally, MetLife Investment Management LLC acquired a new stake in BV Financial in the fourth quarter valued at about $95,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

Analyst Upgrades and Downgrades

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