Invesco Ltd. Purchases Shares of 91,972 Bank7 Corp. (NASDAQ:BSVN)

Invesco Ltd. bought a new stake in Bank7 Corp. (NASDAQ:BSVN - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 91,972 shares of the company's stock, valued at approximately $4,291,000. Invesco Ltd. owned about 0.98% of Bank7 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BSVN. R Squared Ltd acquired a new stake in shares of Bank7 during the fourth quarter valued at about $30,000. Wells Fargo & Company MN lifted its stake in Bank7 by 30.1% in the fourth quarter. Wells Fargo & Company MN now owns 2,333 shares of the company's stock valued at $109,000 after buying an additional 540 shares during the last quarter. Hillsdale Investment Management Inc. boosted its holdings in shares of Bank7 by 9.1% during the fourth quarter. Hillsdale Investment Management Inc. now owns 6,000 shares of the company's stock valued at $280,000 after acquiring an additional 500 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Bank7 in the 4th quarter worth about $293,000. Finally, Barclays PLC boosted its stake in Bank7 by 158.7% during the 3rd quarter. Barclays PLC now owns 12,953 shares of the company's stock valued at $486,000 after purchasing an additional 7,947 shares during the period. Institutional investors and hedge funds own 23.48% of the company's stock.

Insiders Place Their Bets

In other Bank7 news, insider Douglas A. Haines acquired 1,433 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average price of $39.91 per share, for a total transaction of $57,191.03. Following the completion of the transaction, the insider now owns 18,542 shares of the company's stock, valued at approximately $740,011.22. This represents a 8.38 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Henry Litchfield sold 5,000 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $41.54, for a total transaction of $207,700.00. Following the completion of the sale, the vice president now directly owns 13,375 shares of the company's stock, valued at $555,597.50. This trade represents a 27.21 % decrease in their position. The disclosure for this sale can be found here. Insiders own 44.01% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Piper Sandler lifted their target price on Bank7 from $53.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Keefe, Bruyette & Woods reduced their price objective on Bank7 from $50.00 to $47.00 and set an "outperform" rating for the company in a research report on Friday, April 11th.

Bank7 Trading Up 0.8 %

Shares of NASDAQ:BSVN traded up $0.29 during trading on Thursday, reaching $36.69. 3,045 shares of the stock were exchanged, compared to its average volume of 23,444. Bank7 Corp. has a 12 month low of $27.36 and a 12 month high of $50.26. The firm has a market cap of $346.68 million, a PE ratio of 7.58 and a beta of 1.15. The stock has a 50-day moving average price of $38.04 and a 200-day moving average price of $42.30.

Bank7 (NASDAQ:BSVN - Get Free Report) last posted its quarterly earnings results on Thursday, April 10th. The company reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.11. The business had revenue of $22.60 million during the quarter, compared to analysts' expectations of $22.58 million. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. During the same period last year, the company posted $1.21 earnings per share. On average, sell-side analysts expect that Bank7 Corp. will post 4.06 earnings per share for the current fiscal year.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.