BV Financial (NASDAQ:BVFL) Stock Price Up 2.8% - Time to Buy?

BV Financial, Inc. (NASDAQ:BVFL - Get Free Report)'s stock price shot up 2.8% on Tuesday . The stock traded as high as $15.68 and last traded at $15.66. 89,795 shares traded hands during trading, a decline of 14% from the average session volume of 104,342 shares. The stock had previously closed at $15.23.

BV Financial Price Performance

The company has a market cap of $165.85 million, a price-to-earnings ratio of 14.86 and a beta of 0.50. The company's 50 day moving average price is $15.25 and its 200-day moving average price is $15.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.24 and a current ratio of 1.24.

BV Financial (NASDAQ:BVFL - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $9.17 million for the quarter. BV Financial had a return on equity of 6.38% and a net margin of 22.48%.

Insiders Place Their Bets

In other BV Financial news, Chairman Gary T. Amereihn sold 1,684 shares of the firm's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $15.65, for a total value of $26,354.60. Following the completion of the transaction, the chairman directly owned 19,485 shares in the company, valued at $304,940.25. This trade represents a 7.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Joseph S. Galli sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $15.80, for a total transaction of $47,400.00. Following the sale, the director owned 8,803 shares in the company, valued at $139,087.40. This represents a 25.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,855 shares of company stock worth $235,242 over the last ninety days. 11.79% of the stock is owned by insiders.

Institutional Investors Weigh In On BV Financial

Several hedge funds have recently made changes to their positions in the company. Truffle Hound Capital LLC acquired a new stake in BV Financial during the 4th quarter valued at $2,583,000. Arrowstreet Capital Limited Partnership lifted its stake in BV Financial by 267.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company's stock worth $1,686,000 after acquiring an additional 71,279 shares in the last quarter. Covestor Ltd boosted its position in BV Financial by 20.3% during the 4th quarter. Covestor Ltd now owns 4,817 shares of the company's stock worth $83,000 after acquiring an additional 814 shares during the period. Barclays PLC boosted its position in BV Financial by 139.3% during the 4th quarter. Barclays PLC now owns 8,094 shares of the company's stock worth $139,000 after acquiring an additional 4,712 shares during the period. Finally, Fourthstone LLC grew its stake in BV Financial by 4.3% during the 4th quarter. Fourthstone LLC now owns 592,370 shares of the company's stock valued at $10,201,000 after acquiring an additional 24,592 shares in the last quarter. Hedge funds and other institutional investors own 42.65% of the company's stock.

About BV Financial

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.