Insider Selling: Bank7 Corp. (NASDAQ:BSVN) VP Sells 2,290 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN) VP Henry Litchfield sold 2,290 shares of the stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $30.18, for a total transaction of $69,112.20. Following the completion of the transaction, the vice president now directly owns 12,302 shares in the company, valued at $371,274.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Henry Litchfield also recently made the following trade(s):

• On Monday, May 20th, Henry Litchfield sold 2,259 shares of Bank7 stock. The shares were sold at an average price of $30.03, for a total transaction of $67,837.77.

Bank7 Stock Performance

BSVN stock opened at $29.68 on Thursday. The company has a market capitalization of $274.54 million, a PE ratio of 9.19 and a beta of 1.45. Bank7 Corp. has a 52 week low of $19.53 and a 52 week high of $30.53. The company’s 50-day simple moving average is $28.13 and its 200 day simple moving average is $26.78.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings data on Friday, April 12th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.17. The firm had revenue of $24.02 million for the quarter, compared to the consensus estimate of $26.10 million. Bank7 had a net margin of 21.70% and a return on equity of 17.61%. On average, analysts forecast that Bank7 Corp. will post 4.05 EPS for the current year.

Institutional Investors Weigh In On Bank7

A number of large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in Bank7 by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 41,942 shares of the company’s stock worth $944,000 after buying an additional 483 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Bank7 by 39.6% during the first quarter. BNP Paribas Financial Markets now owns 2,211 shares of the company’s stock worth $62,000 after buying an additional 627 shares in the last quarter. Barclays PLC grew its stake in Bank7 by 30.7% during the third quarter. Barclays PLC now owns 3,699 shares of the company’s stock worth $83,000 after buying an additional 868 shares in the last quarter. Hsbc Holdings PLC grew its stake in Bank7 by 15.3% during the third quarter. Hsbc Holdings PLC now owns 12,882 shares of the company’s stock worth $295,000 after buying an additional 1,711 shares in the last quarter. Finally, Empowered Funds LLC grew its stake in Bank7 by 7.8% during the first quarter. Empowered Funds LLC now owns 29,004 shares of the company’s stock worth $818,000 after buying an additional 2,100 shares in the last quarter. 23.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BSVN shares. Keefe, Bruyette & Woods increased their price objective on shares of Bank7 from $38.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, January 30th. Stephens restated an “equal weight” rating and issued a $31.00 price target on shares of Bank7 in a research note on Tuesday, January 30th.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.