Insider Selling: BV Financial (NASDAQ:BVFL) Director Sells $67,875.76 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,404 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $19.94, for a total transaction of $67,875.76. Following the completion of the sale, the director owned 24,674 shares of the company’s stock, valued at $491,999.56. This trade represents a 12.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

BV Financial Stock Performance

Shares of BV Financial stock opened at $19.63 on Monday. The firm has a market cap of $170.00 million, a price-to-earnings ratio of 14.12 and a beta of 0.30. BV Financial, Inc. has a 52-week low of $14.05 and a 52-week high of $20.54. The company’s 50-day simple moving average is $19.63 and its 200-day simple moving average is $19.01. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BVFL. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Weiss Ratings restated a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Institutional Trading of BV Financial

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its holdings in BV Financial by 105.4% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after buying an additional 1,220 shares in the last quarter. Bank of America Corp DE lifted its position in shares of BV Financial by 4,353.0% during the 2nd quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock valued at $56,000 after acquiring an additional 3,613 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of BV Financial during the 2nd quarter valued at approximately $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of BV Financial during the 2nd quarter worth approximately $72,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of BV Financial during the 4th quarter worth approximately $95,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

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.