BV Financial (NASDAQ:BVFL) Trading Down 0.2% - Time to Sell?

Key Points

• BV Financial's stock experienced a slight decline of 0.2%, trading at $16.74 with a market cap of $166.40 million.
• Analysts from Wall Street Zen downgraded BV Financial's rating from "hold" to "sell" recently, indicating a shift in market perception.
• Insider trading activity included Director Joseph S. Galli selling 15,250 shares, reflecting a 15.79% reduction in ownership.

BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) fell 0.2% during mid-day trading on Tuesday . The company traded as low as $16.65 and last traded at $16.74. 44,206 shares were traded during mid-day trading, an increase of 12% from the average session volume of 39,353 shares. The stock had previously closed at $16.78.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of BV Financial from a "sell" rating to a "hold" rating in a report on Friday.

BV Financial Price Performance

The company's fifty day moving average is $16.04 and its 200-day moving average is $15.42. The stock has a market cap of $166.00 million, a PE ratio of 16.21 and a beta of 0.50.

BV Financial (NASDAQ:BVFL - Get Free Report) last issued its earnings results on Thursday, July 17th. The company reported $0.38 earnings per share (EPS) for the quarter. BV Financial had a net margin of 21.08% and a return on equity of 6.59%. The firm had revenue of $9.87 million during the quarter.

Insider Activity

In related news, Director Joseph S. Galli sold 15,250 shares of the firm's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $16.17, for a total transaction of $246,592.50. Following the completion of the transaction, the director owned 81,309 shares of the company's stock, valued at $1,314,766.53. This trade represents a 15.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.79% of the stock is currently owned by company insiders.

Institutional Trading of BV Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BVFL. Barclays PLC grew its position in BV Financial by 139.3% during the fourth quarter. Barclays PLC now owns 8,094 shares of the company's stock valued at $139,000 after buying an additional 4,712 shares during the period. Dimensional Fund Advisors LP grew its position in BV Financial by 57.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 46,504 shares of the company's stock valued at $801,000 after buying an additional 16,997 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in BV Financial during the fourth quarter valued at $419,000. Jane Street Group LLC acquired a new stake in BV Financial during the fourth quarter valued at $412,000. Finally, Citadel Advisors LLC grew its position in BV Financial by 92.7% during the fourth quarter. Citadel Advisors LLC now owns 23,582 shares of the company's stock valued at $406,000 after buying an additional 11,343 shares during the period. Institutional investors and hedge funds own 42.65% of the company's stock.

BV Financial Company Profile

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.