Joseph Galli Sells 2,027 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 2,027 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $19.90, for a total transaction of $40,337.30. Following the completion of the transaction, the director owned 28,078 shares of the company’s stock, valued at $558,752.20. This represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

BV Financial Stock Performance

BVFL opened at $19.63 on Friday. BV Financial, Inc. has a 52-week low of $14.05 and a 52-week high of $20.54. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19. The company has a market cap of $170.00 million, a P/E ratio of 14.12 and a beta of 0.32. The firm’s 50-day moving average price is $19.63 and its 200-day moving average price is $18.99.

Hedge Funds Weigh In On BV Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its holdings in BV Financial by 105.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock worth $38,000 after buying an additional 1,220 shares during the period. Bank of America Corp DE increased its holdings in BV Financial by 4,353.0% in the 2nd quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after buying an additional 3,613 shares during the period. JPMorgan Chase & Co. acquired a new position in BV Financial in the 2nd quarter worth approximately $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in BV Financial in the 2nd quarter worth approximately $72,000. Finally, MetLife Investment Management LLC acquired a new position in BV Financial in the 4th quarter worth approximately $95,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BVFL shares. Weiss Ratings restated a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen downgraded shares of BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

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.