Insider Selling: Bank7 Corp. (NASDAQ:BSVN) VP Sells 5,000 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN) VP Henry Litchfield sold 5,000 shares of Bank7 stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $41.54, for a total transaction of $207,700.00. Following the sale, the vice president now owns 13,375 shares of the company’s stock, valued at approximately $555,597.50. The trade was a 27.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Bank7 Price Performance

Shares of NASDAQ BSVN traded up $0.62 on Wednesday, hitting $41.16. The company’s stock had a trading volume of 7,201 shares, compared to its average volume of 19,507. The stock has a 50 day moving average of $43.76 and a 200-day moving average of $42.57. The company has a market capitalization of $384.56 million, a price-to-earnings ratio of 8.50 and a beta of 1.46. Bank7 Corp. has a 12-month low of $26.07 and a 12-month high of $50.26.

Bank7 (NASDAQ:BSVN) last posted its earnings results on Thursday, January 16th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. Sell-side analysts expect that Bank7 Corp. will post 4.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BSVN shares. Piper Sandler lifted their price objective on Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods dropped their price target on Bank7 from $53.00 to $52.00 and set an “outperform” rating for the company in a research report on Friday, January 17th.

Institutional Trading of Bank7

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its position in Bank7 by 17.9% during the 4th quarter. BNP Paribas Financial Markets now owns 1,773 shares of the company’s stock worth $83,000 after purchasing an additional 269 shares in the last quarter. Hillsdale Investment Management Inc. boosted its stake in shares of Bank7 by 9.1% during the 4th quarter. Hillsdale Investment Management Inc. now owns 6,000 shares of the company’s stock worth $280,000 after purchasing an additional 500 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Bank7 by 30.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,333 shares of the company’s stock worth $109,000 after buying an additional 540 shares in the last quarter. R Squared Ltd acquired a new position in shares of Bank7 in the fourth quarter valued at approximately $30,000. Finally, Empowered Funds LLC grew its stake in Bank7 by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 32,772 shares of the company’s stock worth $1,228,000 after acquiring an additional 1,608 shares during the period. 23.48% of the stock is currently owned by hedge funds and other institutional investors.

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.