Bank7 Corp. (NASDAQ:BSVN) Insider Andrew J. Levinson Sells 3,222 Shares

Bank7 Corp. (NASDAQ:BSVN) insider Andrew J. Levinson sold 3,222 shares of the business’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $37.02, for a total value of $119,278.44. Following the transaction, the insider now owns 41,659 shares in the company, valued at $1,542,216.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Bank7 Stock Performance

NASDAQ:BSVN opened at $36.93 on Friday. The company has a market capitalization of $341.60 million, a price-to-earnings ratio of 10.83 and a beta of 1.49. The company has a 50-day moving average of $30.83 and a 200-day moving average of $28.50. Bank7 Corp. has a 52 week low of $19.53 and a 52 week high of $37.90.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Thursday, July 11th. The company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. Bank7 had a net margin of 22.22% and a return on equity of 18.36%. The firm had revenue of $24.40 million during the quarter, compared to analysts’ expectations of $23.20 million. During the same quarter last year, the company earned $1.05 earnings per share. Sell-side analysts forecast that Bank7 Corp. will post 4.33 EPS for the current year.

Bank7 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Thursday, June 20th were issued a dividend of $0.21 per share. The ex-dividend date was Thursday, June 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.27%. Bank7’s payout ratio is presently 24.63%.

Institutional Investors Weigh In On Bank7

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its position 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 in the last quarter. Empowered Funds LLC raised its stake in shares of 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 acquiring an additional 2,100 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Bank7 by 12.5% in the 1st quarter. Russell Investments Group Ltd. now owns 19,428 shares of the company’s stock worth $548,000 after acquiring an additional 2,156 shares in the last quarter. AJOVista LLC bought a new stake in Bank7 during the 4th quarter worth approximately $65,000. Finally, Vanguard Group Inc. increased its holdings in Bank7 by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 221,768 shares of the company’s stock valued at $6,254,000 after purchasing an additional 2,817 shares in the last quarter. Institutional investors own 23.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lifted their price objective on Bank7 from $37.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, July 12th.

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.