Insider Selling: BV Financial, Inc. (NASDAQ:BVFL) Director Sells 13,303 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph S. Galli sold 13,303 shares of the business's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $16.09, for a total value of $214,045.27. Following the completion of the sale, the director owned 81,309 shares of the company's stock, valued at $1,308,261.81. This trade represents a 14.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

BV Financial Stock Performance

Shares of NASDAQ:BVFL traded down $0.02 during trading on Monday, hitting $16.15. 39,918 shares of the company traded hands, compared to its average volume of 53,650. The stock has a market capitalization of $170.06 million, a price-to-earnings ratio of 15.68 and a beta of 0.49. BV Financial, Inc. has a one year low of $13.01 and a one year high of $18.19. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.08. The business's fifty day moving average is $15.32 and its 200-day moving average is $15.35.

BV Financial (NASDAQ:BVFL - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The company reported $0.38 earnings per share (EPS) for the quarter. The company had revenue of $9.87 million during the quarter. BV Financial had a net margin of 21.08% and a return on equity of 6.56%.

Institutional Investors Weigh In On BV Financial

Several large investors have recently made changes to their positions in the company. Millennium Management LLC raised its position in shares of BV Financial by 316.5% during the 4th quarter. Millennium Management LLC now owns 49,219 shares of the company's stock worth $848,000 after buying an additional 37,401 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of 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 in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of BV Financial by 267.9% in the fourth 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. Jane Street Group LLC acquired a new stake in shares of BV Financial during the 4th quarter valued at $412,000. Finally, Citadel Advisors LLC grew its stake in BV Financial by 92.7% in the fourth quarter. Citadel Advisors LLC now owns 23,582 shares of the company's stock valued at $406,000 after purchasing an additional 11,343 shares in the last quarter. Institutional investors and hedge funds own 42.65% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of BV Financial from a "hold" rating to a "sell" rating in a report on Friday, July 18th.

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.