Bank7 (NASDAQ:BSVN) Insider Douglas Haines Sells 1,000 Shares

Bank7 Corp. (NASDAQ:BSVN) insider Douglas Haines sold 1,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $44.07, for a total value of $44,070.00. Following the completion of the sale, the insider directly owned 16,647 shares of the company’s stock, valued at $733,633.29. This represents a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Bank7 Trading Up 0.1%

Shares of NASDAQ BSVN traded up $0.04 during mid-day trading on Friday, hitting $44.43. The company had a trading volume of 1,900 shares, compared to its average volume of 11,482. The company has a market capitalization of $422.97 million, a price-to-earnings ratio of 9.53 and a beta of 0.93. Bank7 Corp. has a 1 year low of $36.91 and a 1 year high of $50.10. The stock’s 50-day moving average price is $42.33 and its 200-day moving average price is $42.47.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.24. Bank7 had a return on equity of 18.18% and a net margin of 31.77%.The company had revenue of $26.16 million during the quarter, compared to analyst estimates of $23.63 million. As a group, equities research analysts forecast that Bank7 Corp. will post 4.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Zacks Research upgraded Bank7 from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Weiss Ratings downgraded Bank7 from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Keefe, Bruyette & Woods reduced their price target on Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a report on Wednesday, April 15th. Finally, Piper Sandler boosted their price target on Bank7 from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat.com, Bank7 currently has a consensus rating of “Buy” and a consensus target price of $54.50.

Institutional Trading of Bank7

Institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue boosted its stake in Bank7 by 77.8% during the 4th quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock valued at $27,000 after purchasing an additional 294 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Bank7 by 60.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,604 shares of the company’s stock worth $64,000 after buying an additional 604 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Bank7 by 30.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock worth $84,000 after buying an additional 420 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Bank7 by 47.8% in the 4th quarter. Wells Fargo & Company MN now owns 4,763 shares of the company’s stock worth $195,000 after buying an additional 1,540 shares during the last quarter. Finally, Zacks Investment Management purchased a new position in shares of Bank7 in the 4th quarter worth $202,000. 23.48% of the stock is currently owned by hedge funds and other institutional investors.

Bank7 Company Profile

Bank7 Corporation, through its subsidiary Bank7, National Association, is a regional banking organization that offers a full range of deposit and lending products to both consumer and commercial clients. Its deposit offerings include checking and savings accounts, money market funds and certificates of deposit, while its lending portfolio encompasses residential and commercial real estate loans, small business loans and consumer credit products.

Complementing its core banking services, Bank7 provides digital banking solutions such as online and mobile platforms for account management, bill payment and remote check deposit.