Joseph Galli Sells 1,500 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 1,500 shares of BV Financial stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $19.63, for a total transaction of $29,445.00. Following the sale, the director directly owned 20,933 shares of the company’s stock, valued at approximately $410,914.79. This trade represents a 6.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

BV Financial Trading Down 4.2%

Shares of BVFL stock opened at $18.68 on Friday. The company has a market cap of $166.25 million, a P/E ratio of 12.71 and a beta of 0.42. The firm has a fifty day moving average price of $18.88 and a 200 day moving average price of $17.60. BV Financial, Inc. has a 12 month low of $13.53 and a 12 month high of $19.88.

Analyst Upgrades and Downgrades

BVFL has been the topic of several research analyst reports. Wall Street Zen raised BV Financial from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of BV Financial in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Institutional Trading of BV Financial

Several institutional investors and hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN boosted its holdings in shares of BV Financial by 40.8% in the fourth quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock valued at $165,000 after acquiring an additional 2,642 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of BV Financial by 98.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,135 shares of the company’s stock valued at $131,000 after acquiring an additional 4,026 shares during the period. New York State Common Retirement Fund acquired a new position in shares of BV Financial in the 2nd quarter valued at $101,000. MetLife Investment Management LLC purchased a new stake in BV Financial in the 4th quarter valued at $95,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in BV Financial in the 2nd quarter valued at $72,000. 42.65% of the stock is owned by hedge funds and other institutional investors.

BV Financial Company Profile

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.