Bank7 (NASDAQ:BSVN) Insider Sells $44,070.00 in Stock

Bank7 Corp. (NASDAQ:BSVN) insider Douglas Haines sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $44.07, for a total value of $44,070.00. Following the completion of the sale, the insider owned 16,647 shares in the company, valued at $733,633.29. The trade was a 5.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Bank7 Stock Performance

NASDAQ:BSVN opened at $44.26 on Monday. Bank7 Corp. has a fifty-two week low of $36.91 and a fifty-two week high of $50.10. The company has a 50 day simple moving average of $42.44 and a two-hundred day simple moving average of $42.49. The company has a market capitalization of $421.36 million, a PE ratio of 9.50 and a beta of 0.92.

Bank7 (NASDAQ:BSVN) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.24. Bank7 had a net margin of 31.77% and a return on equity of 18.18%. The firm had revenue of $26.16 million for the quarter, compared to the consensus estimate of $23.63 million. Research analysts predict that Bank7 Corp. will post 4.45 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BSVN. JPMorgan Chase & Co. increased its stake in Bank7 by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 12,766 shares of the company’s stock valued at $534,000 after purchasing an additional 245 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Bank7 by 77.8% during the 4th quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock worth $27,000 after purchasing an additional 294 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Bank7 by 30.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock worth $84,000 after purchasing an additional 420 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Bank7 by 7.5% in the 2nd quarter. First Trust Advisors LP now owns 6,030 shares of the company’s stock valued at $252,000 after buying an additional 423 shares during the period. Finally, Jane Street Group LLC grew its stake in shares of Bank7 by 3.9% in the 4th quarter. Jane Street Group LLC now owns 12,254 shares of the company’s stock valued at $502,000 after buying an additional 458 shares during the period. 23.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BSVN has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Bank7 from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Keefe, Bruyette & Woods dropped their price objective on Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 15th. Piper Sandler upped their target price on Bank7 from $55.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Finally, Zacks Research raised Bank7 from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, Bank7 currently has a consensus rating of “Buy” and an average target price of $54.50.

About Bank7

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.