Douglas Haines Sells 1,000 Shares of Bank7 (NASDAQ:BSVN) Stock

Bank7 Corp. (NASDAQ:BSVN) insider Douglas Haines sold 1,000 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $44.07, for a total transaction of $44,070.00. Following the transaction, the insider directly owned 16,647 shares in the company, valued at $733,633.29. The trade was a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Bank7 Price Performance

Bank7 stock opened at $44.26 on Friday. The company has a market capitalization of $421.36 million, a price-to-earnings ratio of 9.50 and a beta of 0.93. Bank7 Corp. has a one year low of $36.91 and a one year high of $50.10. The company’s fifty day moving average price is $42.44 and its two-hundred day moving average price is $42.48.

Bank7 (NASDAQ:BSVN) last posted its earnings results on Tuesday, April 14th. The company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.01 by $0.24. The firm had revenue of $26.16 million for the quarter, compared to the consensus estimate of $23.63 million. Bank7 had a net margin of 31.77% and a return on equity of 18.18%. As a group, sell-side analysts anticipate that Bank7 Corp. will post 4.45 earnings per share for the current year.

Institutional Investors Weigh In On Bank7

Several hedge funds and other institutional investors have recently made changes to their positions in BSVN. State of Alaska Department of Revenue lifted its stake in shares of Bank7 by 77.8% in the fourth quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock valued at $27,000 after buying an additional 294 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Bank7 by 60.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,604 shares of the company’s stock valued at $64,000 after buying an additional 604 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Bank7 by 30.2% in the third quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock valued at $84,000 after buying an additional 420 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Bank7 by 47.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,763 shares of the company’s stock valued at $195,000 after buying an additional 1,540 shares during the period. Finally, Zacks Investment Management bought a new stake in shares of Bank7 in the fourth quarter valued at about $202,000. 23.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BSVN. Weiss Ratings downgraded Bank7 from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Zacks Research raised Bank7 from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Piper Sandler raised their price target on Bank7 from $55.00 to $57.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Finally, Keefe, Bruyette & Woods lowered their price target on Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $54.50.

About Bank7

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.