BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 3,080 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,080 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $19.82, for a total value of $61,045.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

BV Financial Trading Up 1.8%

NASDAQ:BVFL opened at $20.35 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. BV Financial, Inc. has a 1-year low of $14.05 and a 1-year high of $20.75. The firm has a market capitalization of $176.23 million, a price-to-earnings ratio of 14.64 and a beta of 0.30. The stock has a fifty day simple moving average of $19.83 and a 200 day simple moving average of $19.21.

Institutional Investors Weigh In On BV Financial

Several hedge funds have recently bought and sold shares of BVFL. Goldman Sachs Group Inc. boosted its position in BV Financial by 40.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after acquiring an additional 12,941 shares during the period. Jane Street Group LLC increased its holdings in shares of BV Financial by 74.4% in the 1st quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock valued at $637,000 after purchasing an additional 17,798 shares during the period. Geode Capital Management LLC lifted its position in shares of BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock worth $3,160,000 after purchasing an additional 101,350 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of BV Financial during the second quarter worth approximately $63,000. Finally, Rhumbline Advisers purchased a new position in BV Financial during the second quarter valued at approximately $197,000. 42.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of BV Financial from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.