Bank7 Corp. (NASDAQ:BSVN – Get Free Report) VP Jason E. Estes sold 4,964 shares of the company’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $37.18, for a total transaction of $184,561.52. Following the completion of the transaction, the vice president now owns 71,318 shares of the company’s stock, valued at approximately $2,651,603.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Bank7 Stock Up 0.7 %
Shares of Bank7 stock traded up $0.25 during mid-day trading on Thursday, hitting $36.25. The stock had a trading volume of 51,486 shares, compared to its average volume of 14,432. The firm has a 50-day moving average of $30.52 and a two-hundred day moving average of $28.37. Bank7 Corp. has a 12-month low of $19.53 and a 12-month high of $37.90. The firm has a market cap of $335.31 million, a P/E ratio of 10.56 and a beta of 1.49.
Bank7 (NASDAQ:BSVN – Get Free Report) last posted its quarterly earnings data on Thursday, July 11th. The company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. The firm had revenue of $24.40 million during the quarter, compared to analysts’ expectations of $23.20 million. Bank7 had a net margin of 22.22% and a return on equity of 18.36%. During the same quarter last year, the company posted $1.05 EPS. Sell-side analysts expect that Bank7 Corp. will post 4.33 earnings per share for the current year.
Bank7 Announces Dividend
Hedge Funds Weigh In On Bank7
Hedge funds have recently made changes to their positions in the stock. Kennedy Capital Management LLC lifted its holdings in Bank7 by 22.5% during the 1st quarter. Kennedy Capital Management LLC now owns 113,841 shares of the company’s stock worth $3,210,000 after buying an additional 20,881 shares in the last quarter. Quadrature Capital Ltd lifted its holdings in Bank7 by 33.8% during the 1st quarter. Quadrature Capital Ltd now owns 12,876 shares of the company’s stock worth $363,000 after buying an additional 3,254 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Bank7 by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 221,768 shares of the company’s stock worth $6,254,000 after buying an additional 2,817 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Bank7 by 12.5% during the 1st quarter. Russell Investments Group Ltd. now owns 19,428 shares of the company’s stock worth $548,000 after buying an additional 2,156 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Bank7 by 7.8% in the 1st quarter. Empowered Funds LLC now owns 29,004 shares of the company’s stock valued at $818,000 after purchasing an additional 2,100 shares in the last quarter. Hedge funds and other institutional investors own 23.48% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Piper Sandler upped their price target on shares of Bank7 from $37.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, July 12th.
Read Our Latest Stock Analysis on BSVN
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.
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