Darrell Lee Jr. Mathews Sells 1,000 Shares of Bank7 (NASDAQ:BSVN) Stock

Bank7 Corp. (NASDAQ:BSVN) EVP Darrell Lee Jr. Mathews sold 1,000 shares of Bank7 stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $43.00, for a total value of $43,000.00. Following the sale, the executive vice president owned 6,497 shares in the company, valued at $279,371. This represents a 13.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Bank7 Stock Up 0.6%

Shares of Bank7 stock traded up $0.26 on Wednesday, hitting $43.61. 9,790 shares of the company’s stock traded hands, compared to its average volume of 11,737. Bank7 Corp. has a 52-week low of $36.47 and a 52-week high of $50.10. The stock has a market cap of $415.17 million, a P/E ratio of 9.36 and a beta of 0.93. The firm’s 50-day moving average is $41.54 and its 200 day moving average is $42.35.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results 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 net margin of 31.77% and a return on equity of 18.52%. The firm had revenue of $26.16 million for the quarter, compared to analysts’ expectations of $23.63 million. Equities research analysts forecast that Bank7 Corp. will post 4.45 EPS for the current year.

Hedge Funds Weigh In On Bank7

A number of large investors have recently bought and sold shares of the business. State of Alaska Department of Revenue raised its position in shares of Bank7 by 77.8% during the 4th quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock worth $27,000 after purchasing an additional 294 shares during the period. BNP Paribas Financial Markets boosted its position in Bank7 by 30.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock valued at $84,000 after purchasing an additional 420 shares during the period. Jacobs Levy Equity Management Inc. bought a new position in Bank7 during the 3rd quarter worth $213,000. Wells Fargo & Company MN grew its stake in Bank7 by 47.8% during 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, Alliancebernstein L.P. acquired a new stake in Bank7 in the third quarter worth $223,000. Institutional investors own 23.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BSVN shares. Keefe, Bruyette & Woods cut their price objective on Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 15th. Zacks Research upgraded Bank7 from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Weiss Ratings raised Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Finally, Piper Sandler raised their price objective on Bank7 from $55.00 to $57.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $54.50.

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.