Bank7 Corp. (NASDAQ:BSVN) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of Bank7 Corp. (NASDAQ:BSVN - Free Report) by 674.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,370 shares of the company's stock after purchasing an additional 11,644 shares during the period. JPMorgan Chase & Co. owned approximately 0.14% of Bank7 worth $624,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Hillsdale Investment Management Inc. increased its stake in 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 buying an additional 500 shares during the period. American Century Companies Inc. increased its position in shares of Bank7 by 91.8% during the fourth quarter. American Century Companies Inc. now owns 40,121 shares of the company's stock worth $1,872,000 after acquiring an additional 19,199 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in shares of Bank7 in the fourth quarter worth about $1,080,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Bank7 by 61.1% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 38,936 shares of the company's stock valued at $1,817,000 after purchasing an additional 14,765 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in Bank7 by 86.2% during the 4th quarter. Los Angeles Capital Management LLC now owns 34,770 shares of the company's stock valued at $1,622,000 after purchasing an additional 16,099 shares in the last quarter. 23.48% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on BSVN. Keefe, Bruyette & Woods reduced their target price on Bank7 from $50.00 to $47.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Piper Sandler raised their price objective on shares of Bank7 from $53.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, January 17th.

Insider Buying and Selling

In other news, VP Henry Litchfield sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total transaction of $207,700.00. Following the sale, the vice president now directly owns 13,375 shares in the company, valued at approximately $555,597.50. This represents a 27.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Douglas A. Haines acquired 1,433 shares of Bank7 stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average price of $39.91 per share, with a total value of $57,191.03. Following the transaction, the insider now directly owns 18,542 shares in the company, valued at approximately $740,011.22. This trade represents a 8.38 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 44.01% of the stock is owned by company insiders.

Bank7 Stock Down 0.0 %

Shares of NASDAQ BSVN opened at $36.73 on Wednesday. The stock has a market capitalization of $347.03 million, a P/E ratio of 7.59 and a beta of 1.15. The stock's 50 day moving average price is $38.11 and its two-hundred day moving average price is $42.34. Bank7 Corp. has a 52-week low of $27.30 and a 52-week high of $50.26.

Bank7 (NASDAQ:BSVN - Get Free Report) last announced its quarterly earnings data on Thursday, April 10th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.11. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. The firm had revenue of $22.60 million for the quarter, compared to analysts' expectations of $22.58 million. During the same period last year, the business posted $1.21 earnings per share. On average, analysts anticipate that Bank7 Corp. will post 4.06 EPS for the current year.

Bank7 Company Profile

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.

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