BV Financial (NASDAQ:BVFL) Director Sells $60,985.80 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,060 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $19.93, for a total value of $60,985.80. Following the sale, the director owned 21,500 shares of the company’s stock, valued at approximately $428,495. The trade was a 12.46% 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.

BV Financial Trading Up 2.2%

BVFL stock opened at $20.23 on Thursday. The company has a market cap of $175.19 million, a price-to-earnings ratio of 14.55 and a beta of 0.30. 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 business has a fifty day simple moving average of $19.78 and a 200-day simple moving average of $19.17. BV Financial, Inc. has a 52 week low of $14.05 and a 52 week high of $20.54.

Wall Street Analyst Weigh In

BVFL has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of BV Financial in a report on Friday, March 27th. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, BV Financial currently has an average rating of “Hold”.

Hedge Funds Weigh In On BV Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BVFL. BNP Paribas Financial Markets boosted its position in BV Financial by 105.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,377 shares of the company’s stock valued at $38,000 after buying an additional 1,220 shares during the last quarter. Bank of America Corp DE grew its stake in BV Financial by 4,353.0% in the second quarter. Bank of America Corp DE now owns 3,696 shares of the company’s stock worth $56,000 after purchasing an additional 3,613 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in BV Financial in the second quarter worth about $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in BV Financial in the second quarter worth about $72,000. Finally, MetLife Investment Management LLC acquired a new position in BV Financial in the fourth quarter worth about $95,000. 42.65% of the stock is owned by hedge funds and other institutional investors.

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.