Millennium Management LLC Buys 37,401 Shares of BV Financial, Inc. (NASDAQ:BVFL)

Millennium Management LLC increased its stake in BV Financial, Inc. (NASDAQ:BVFL - Free Report) by 316.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,219 shares of the company's stock after purchasing an additional 37,401 shares during the quarter. Millennium Management LLC owned about 0.42% of BV Financial worth $848,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BVFL. Fourthstone LLC boosted its stake in BV Financial by 4.3% in the 4th quarter. Fourthstone LLC now owns 592,370 shares of the company's stock worth $10,201,000 after purchasing an additional 24,592 shares during the period. Castalian Partners LLC purchased a new stake in shares of BV Financial in the fourth quarter worth about $6,104,000. Truffle Hound Capital LLC bought a new position in shares of BV Financial in the fourth quarter valued at approximately $2,583,000. Susquehanna International Group LLP increased its holdings in BV Financial by 214.4% during the 4th quarter. Susquehanna International Group LLP now owns 148,007 shares of the company's stock worth $2,549,000 after acquiring an additional 100,936 shares during the period. Finally, 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 purchasing an additional 71,279 shares in the last quarter. 42.65% of the stock is currently owned by institutional investors.

BV Financial Price Performance

NASDAQ:BVFL remained flat at $14.65 during trading hours on Tuesday. 95,200 shares of the company's stock traded hands, compared to its average volume of 25,636. The business's 50 day moving average price is $15.13 and its 200 day moving average price is $15.83. The stock has a market cap of $154.25 million, a price-to-earnings ratio of 13.44 and a beta of 0.57. BV Financial, Inc. has a 1 year low of $11.19 and a 1 year high of $18.19.

BV Financial (NASDAQ:BVFL - Get Free Report) last posted its earnings results on Thursday, April 17th. The company reported $0.30 EPS for the quarter. The business had revenue of $9.17 million during the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%.

Insider Activity

In other BV Financial news, Chairman Gary T. Amereihn sold 1,684 shares of BV Financial stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $15.65, for a total transaction of $26,354.60. Following the completion of the sale, the chairman now directly owns 19,485 shares in the company, valued at $304,940.25. The trade was a 7.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph S. Galli sold 2,076 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $15.80, for a total transaction of $32,800.80. Following the completion of the transaction, the director now directly owns 12,639 shares of the company's stock, valued at approximately $199,696.20. This represents a 14.11% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,855 shares of company stock worth $235,242. 11.79% of the stock is currently owned by insiders.

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.