Insider Selling: Bank7 Corp. (NASDAQ:BSVN) VP Sells 1,879 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN - Get Free Report) VP Jason E. Estes sold 1,879 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $47.58, for a total transaction of $89,402.82. Following the completion of the sale, the vice president owned 75,961 shares in the company, valued at $3,614,224.38. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Bank7 Price Performance

NASDAQ BSVN traded up $0.19 on Monday, hitting $47.15. 11,772 shares of the company were exchanged, compared to its average volume of 37,205. Bank7 Corp. has a twelve month low of $32.49 and a twelve month high of $50.26. The firm has a market capitalization of $445.57 million, a P/E ratio of 10.16 and a beta of 1.08. The company's 50 day moving average price is $41.79 and its 200-day moving average price is $40.45.

Bank7 (NASDAQ:BSVN - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.18. Bank7 had a net margin of 31.99% and a return on equity of 20.81%. The business had revenue of $24.44 million for the quarter, compared to analyst estimates of $22.70 million. As a group, equities analysts expect that Bank7 Corp. will post 4.06 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on BSVN shares. Piper Sandler lifted their price target on shares of Bank7 from $50.50 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, July 18th. Keefe, Bruyette & Woods lifted their target price on Bank7 from $47.00 to $52.00 and gave the stock an "outperform" rating in a report on Monday, July 21st.

Institutional Trading of Bank7

Hedge funds have recently modified their holdings of the business. Inspire Investing LLC grew its holdings in shares of Bank7 by 12.3% during the second quarter. Inspire Investing LLC now owns 22,200 shares of the company's stock valued at $929,000 after buying an additional 2,436 shares in the last quarter. Copeland Capital Management LLC boosted its position in Bank7 by 16.4% during the 2nd quarter. Copeland Capital Management LLC now owns 1,601 shares of the company's stock worth $67,000 after acquiring an additional 225 shares during the period. Goldman Sachs Group Inc. grew its stake in Bank7 by 11.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,056 shares of the company's stock valued at $1,164,000 after acquiring an additional 3,145 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of Bank7 in the 1st quarter valued at about $227,000. Finally, Penn Capital Management Company LLC acquired a new position in shares of Bank7 in the 1st quarter valued at about $644,000. Hedge funds and other institutional investors own 23.48% of the company's stock.

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.