Bank7 (NASDAQ:BSVN) EVP Darrell Lee Jr. Mathews Sells 1,000 Shares

Key Points

• EVP Darrell Lee Jr. Mathews sold 1,000 shares on May 5 at $43.00 for proceeds of $43,000, now holds 6,497 shares (a reported 13.34% reduction in his stake) and disclosed the transaction on an SEC Form 4.
• Bank7 (BSVN) is trading around $43.61 with a market cap of $415.17M and a P/E of 9.36; the company recently beat quarterly EPS and revenue estimates and carries a consensus "Buy" rating with an average price target of $54.50.

Bank7 Corp. (NASDAQ:BSVN - Get Free Report) EVP Darrell Lee Jr. Mathews sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $43.00, for a total transaction of $43,000.00. Following the completion of the sale, the executive vice president directly owned 6,497 shares in the company, valued at $279,371. This represents a 13.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Bank7 Price Performance

BSVN stock traded up $0.26 on Wednesday, hitting $43.61. 9,790 shares of the company were exchanged, compared to its average volume of 11,737. The stock has a market capitalization of $415.17 million, a price-to-earnings ratio of 9.36 and a beta of 0.93. Bank7 Corp. has a twelve month low of $36.47 and a twelve month high of $50.10. The business's fifty day moving average is $41.54 and its two-hundred day moving average is $42.35.

Bank7 (NASDAQ:BSVN - Get Free Report) last announced its quarterly earnings results on Tuesday, April 14th. The company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.24. The company had revenue of $26.16 million for the quarter, compared to analyst estimates of $23.63 million. Bank7 had a net margin of 31.77% and a return on equity of 18.52%. Equities research analysts expect that Bank7 Corp. will post 4.45 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mink Brook Asset Management LLC lifted its position in Bank7 by 4.4% during the 4th quarter. Mink Brook Asset Management LLC now owns 472,001 shares of the company's stock worth $19,343,000 after acquiring an additional 20,035 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Bank7 by 4.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 129,857 shares of the company's stock valued at $5,322,000 after buying an additional 5,214 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Bank7 by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 101,936 shares of the company's stock valued at $4,178,000 after acquiring an additional 556 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Bank7 during the third quarter worth about $3,312,000. Finally, Invesco Ltd. purchased a new stake in shares of Bank7 during the second quarter worth about $2,803,000. Institutional investors and hedge funds own 23.48% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on BSVN shares. Keefe, Bruyette & Woods cut their price objective on Bank7 from $53.00 to $52.00 and set an "outperform" rating on the stock in a report on Wednesday, April 15th. Weiss Ratings upgraded shares of Bank7 from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, April 24th. Piper Sandler lifted their price target on shares of Bank7 from $55.00 to $57.00 and gave the company an "overweight" rating in a research report on Wednesday, April 15th. Finally, Zacks Research upgraded shares of Bank7 from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat, Bank7 currently has a consensus rating of "Buy" and an average price target of $54.50.

Bank7 Company Profile

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.

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