BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 2,027 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 2,027 shares of the company’s stock in a transaction 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 completion of the transaction, the director directly owned 28,078 shares in the company, valued at approximately $558,752.20. This represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

BV Financial Stock Performance

Shares of NASDAQ BVFL opened at $19.63 on Friday. 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 stock’s fifty day moving average price is $19.63 and its two-hundred day moving average price is $18.99. BV Financial, Inc. has a one year low of $14.05 and a one year high of $20.54. The firm has a market cap of $170.00 million, a price-to-earnings ratio of 14.12 and a beta of 0.32.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BVFL. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen lowered BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Trading of BV Financial

Large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in shares of BV Financial by 105.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after purchasing an additional 1,220 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of BV Financial by 4,353.0% during the 2nd 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. JPMorgan Chase & Co. acquired a new stake in shares of BV Financial during the 2nd quarter worth $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of BV Financial during the 2nd quarter worth $72,000. Finally, MetLife Investment Management LLC acquired a new stake in shares of BV Financial during the 4th quarter worth $95,000. 42.65% of the stock is owned by institutional investors and hedge funds.

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.