BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 5,000 Shares

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $20.00, for a total transaction of $100,000.00. Following the completion of the transaction, the director owned 36,341 shares in the company, valued at $726,820. This represents a 12.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

BV Financial Trading Up 1.2%

Shares of NASDAQ BVFL traded up $0.23 during mid-day trading on Friday, hitting $20.00. The stock had a trading volume of 19,073 shares, compared to its average volume of 15,737. The business has a 50 day moving average price of $19.37 and a two-hundred day moving average price of $18.65. BV Financial, Inc. has a 1 year low of $14.05 and a 1 year high of $20.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market cap of $175 million, a P/E ratio of 14.39 and a beta of 0.32.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BVFL. Goldman Sachs Group Inc. lifted its position in shares of BV Financial by 40.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 44,779 shares of the company’s stock worth $683,000 after purchasing an additional 12,941 shares during the period. Jane Street Group LLC increased its position in shares of BV Financial by 74.4% during the first quarter. Jane Street Group LLC now owns 41,727 shares of the company’s stock valued at $637,000 after buying an additional 17,798 shares during the period. Geode Capital Management LLC raised its stake in 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 buying an additional 101,350 shares in the last quarter. JPMorgan Chase & Co. bought a new position in BV Financial in the second quarter worth about $63,000. Finally, Rhumbline Advisers bought a new position in BV Financial in the second quarter worth about $197,000. 42.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BVFL. Wall Street Zen upgraded shares of BV Financial from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, BV Financial presently has an average rating of “Hold”.

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.