BV Financial (NASDAQ:BVFL) Director Sells $40,337.30 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 2,027 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $19.90, for a total value of $40,337.30. Following the sale, the director owned 28,078 shares in the company, valued at approximately $558,752.20. This trade represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

BV Financial Price Performance

NASDAQ:BVFL opened at $19.63 on Monday. The firm has a market capitalization of $170.00 million, a price-to-earnings ratio of 14.12 and a beta of 0.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20. The business has a 50 day simple moving average of $19.63 and a 200-day simple moving average of $19.01. BV Financial, Inc. has a 1 year low of $14.05 and a 1 year high of $20.54.

Analyst Ratings Changes

BVFL has been the subject of several recent analyst reports. Wall Street Zen lowered shares of BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Institutional Investors Weigh In On BV Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BVFL. MetLife Investment Management LLC bought a new position in BV Financial in the 4th quarter worth about $95,000. BNP Paribas Financial Markets raised its stake in shares of BV Financial by 105.4% during the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after acquiring an additional 1,220 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of BV Financial by 98.0% in the third quarter. JPMorgan Chase & Co. now owns 8,135 shares of the company’s stock valued at $131,000 after purchasing an additional 4,026 shares during the period. Bank of America Corp DE grew its stake 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 worth $56,000 after purchasing an additional 3,613 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in BV Financial in the second quarter worth approximately $72,000. Institutional investors own 42.65% of the company’s stock.

About BV Financial

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.