Bank7 (NASDAQ:BSVN) Given New $47.00 Price Target at Keefe, Bruyette & Woods

Bank7 (NASDAQ:BSVN - Free Report) had its price target cut by Keefe, Bruyette & Woods from $50.00 to $47.00 in a report issued on Friday,Benzinga reports. They currently have an outperform rating on the stock.

Separately, Piper Sandler increased their target price on Bank7 from $53.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, January 17th.

Bank7 Trading Down 1.6 %

Shares of BSVN stock traded down $0.56 during midday trading on Friday, reaching $35.34. 5,135 shares of the stock were exchanged, compared to its average volume of 27,068. Bank7 has a 1 year low of $26.07 and a 1 year high of $50.26. The firm has a market cap of $333.89 million, a PE ratio of 7.30 and a beta of 1.15. The company's 50 day moving average is $39.51 and its two-hundred day moving average is $42.46.

Bank7 (NASDAQ:BSVN - Get Free Report) last released its earnings results on Thursday, April 10th. The company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. The firm had revenue of $22.60 million for the quarter, compared to the consensus estimate of $22.58 million. During the same period in the prior year, the firm earned $1.21 EPS. As a group, equities analysts expect that Bank7 will post 4.06 EPS for the current fiscal year.

Insider Buying and Selling at Bank7

In related news, insider Douglas A. Haines purchased 1,433 shares of Bank7 stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average cost of $39.91 per share, for a total transaction of $57,191.03. Following the completion of the purchase, the insider now directly owns 18,542 shares of the company's stock, valued at $740,011.22. The trade was a 8.38 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Henry Litchfield sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $41.54, for a total transaction of $207,700.00. Following the transaction, the vice president now owns 13,375 shares in the company, valued at approximately $555,597.50. This trade represents a 27.21 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 44.01% of the company's stock.

Institutional Investors Weigh In On Bank7

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its stake in shares of Bank7 by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock worth $56,000 after buying an additional 280 shares during the last quarter. State Street Corp boosted its position in Bank7 by 10.4% in the third quarter. State Street Corp now owns 47,430 shares of the company's stock worth $1,789,000 after purchasing an additional 4,465 shares during the last quarter. Barclays PLC grew its stake in shares of Bank7 by 158.7% during the 3rd quarter. Barclays PLC now owns 12,953 shares of the company's stock valued at $486,000 after purchasing an additional 7,947 shares during the period. Geode Capital Management LLC increased its position in shares of Bank7 by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company's stock valued at $3,610,000 after purchasing an additional 1,633 shares during the last quarter. Finally, Inspire Investing LLC purchased a new stake in shares of Bank7 during the 4th quarter valued at about $893,000. 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.