Insider Selling: Bank7 Corp. (NASDAQ:BSVN) VP Sells $67,837.77 in Stock

Bank7 Corp. (NASDAQ:BSVN) VP Henry Litchfield sold 2,259 shares of Bank7 stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $30.03, for a total value of $67,837.77. Following the sale, the vice president now directly owns 12,302 shares in the company, valued at $369,429.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, May 17th, Henry Litchfield sold 2,290 shares of Bank7 stock. The shares were sold at an average price of $30.18, for a total value of $69,112.20.

Bank7 Price Performance

Bank7 stock opened at $29.68 on Thursday. The stock’s 50 day moving average is $28.13 and its 200 day moving average is $26.78. The firm has a market cap of $274.54 million, a P/E ratio of 9.19 and a beta of 1.45. Bank7 Corp. has a one year low of $19.53 and a one year high of $30.53.

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

Hedge Funds Weigh In On Bank7

Several institutional investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its stake in Bank7 by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 41,942 shares of the company’s stock valued at $944,000 after buying an additional 483 shares during the period. BNP Paribas Financial Markets lifted its stake in Bank7 by 39.6% in the first quarter. BNP Paribas Financial Markets now owns 2,211 shares of the company’s stock valued at $62,000 after buying an additional 627 shares during the period. Barclays PLC lifted its stake in Bank7 by 30.7% in the third quarter. Barclays PLC now owns 3,699 shares of the company’s stock valued at $83,000 after buying an additional 868 shares during the period. Hsbc Holdings PLC lifted its stake in Bank7 by 15.3% in the third quarter. Hsbc Holdings PLC now owns 12,882 shares of the company’s stock valued at $295,000 after buying an additional 1,711 shares during the period. Finally, Empowered Funds LLC lifted its stake in Bank7 by 7.8% in the first quarter. Empowered Funds LLC now owns 29,004 shares of the company’s stock valued at $818,000 after buying an additional 2,100 shares during the period. 23.48% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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