BV Financial (NASDAQ:BVFL) Director Sells $99,250.00 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $19.85, for a total value of $99,250.00. Following the completion of the sale, the director owned 11,202 shares of the company’s stock, valued at approximately $222,359.70. This represents a 30.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

BV Financial Stock Performance

Shares of BVFL opened at $20.00 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.20. The stock has a 50-day moving average of $19.81 and a 200-day moving average of $19.18. The company has a market cap of $173.20 million, a PE ratio of 14.39 and a beta of 0.30. BV Financial, Inc. has a one year low of $14.05 and a one year high of $20.54.

Wall Street Analyst Weigh In

Several analysts have recently commented on BVFL shares. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Weiss Ratings restated 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, BV Financial currently has an average rating of “Hold”.

Institutional Trading of BV Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BVFL. MetLife Investment Management LLC purchased a new stake in shares of BV Financial in the fourth quarter worth approximately $95,000. BNP Paribas Financial Markets raised its stake in shares of BV Financial by 105.4% in the third quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after purchasing an additional 1,220 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of BV Financial by 98.0% in the third quarter. JPMorgan Chase & Co. now owns 8,135 shares of the company’s stock worth $131,000 after purchasing an additional 4,026 shares during the last quarter. Bank of America Corp DE raised its stake in shares of BV Financial by 4,353.0% in the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after purchasing an additional 3,613 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of BV Financial in the second quarter worth approximately $72,000. 42.65% of the stock is owned by 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.