Insider Selling: BV Financial, Inc. (NASDAQ:BVFL) Director Sells 15,250 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL - Get Free Report) Director Joseph S. Galli sold 15,250 shares of the company's stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $16.17, for a total transaction of $246,592.50. Following the transaction, the director owned 81,309 shares in the company, valued at $1,314,766.53. The trade was a 15.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

BV Financial Trading Down 0.1%

Shares of BVFL stock traded down $0.02 on Monday, reaching $16.15. 39,918 shares of the company's stock were exchanged, compared to its average volume of 53,650. The company's fifty day simple moving average is $15.32 and its 200 day simple moving average is $15.35. BV Financial, Inc. has a 52 week low of $13.01 and a 52 week high of $18.19. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $170.06 million, a PE ratio of 15.68 and a beta of 0.49.

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On BV Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BVFL. Covestor Ltd grew its stake in BV Financial by 20.3% in the 4th quarter. Covestor Ltd now owns 4,817 shares of the company's stock worth $83,000 after acquiring an additional 814 shares in the last quarter. Barclays PLC boosted its holdings in shares of BV Financial by 139.3% in the fourth quarter. Barclays PLC now owns 8,094 shares of the company's stock valued at $139,000 after purchasing an additional 4,712 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in BV Financial in the fourth quarter worth approximately $93,000. Cubist Systematic Strategies LLC purchased a new position in BV Financial during the 4th quarter worth $148,000. Finally, Citadel Advisors LLC raised its position in BV Financial by 92.7% during the 4th 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 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.