Bank7 (NASDAQ:BSVN) VP Sells $104,203.09 in Stock

Bank7 Corp. (NASDAQ:BSVN) VP Jason Estes sold 2,077 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $50.17, for a total transaction of $104,203.09. Following the transaction, the vice president directly owned 103,840 shares in the company, valued at $5,209,652.80. This trade represents a 1.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Bank7 Price Performance

Shares of Bank7 stock opened at $50.35 on Friday. The business has a 50-day simple moving average of $48.27 and a 200 day simple moving average of $44.60. Bank7 Corp. has a one year low of $38.29 and a one year high of $52.99. The firm has a market capitalization of $479.33 million, a price-to-earnings ratio of 11.52 and a beta of 0.90.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings results on Thursday, July 16th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.16). The firm had revenue of $22.91 million during the quarter, compared to the consensus estimate of $23.86 million. Bank7 had a return on equity of 16.74% and a net margin of 30.36%. On average, sell-side analysts expect that Bank7 Corp. will post 4.26 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BSVN shares. Weiss Ratings raised shares of Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 12th. Piper Sandler upped their price objective on shares of Bank7 from $57.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Zacks Research lowered shares of Bank7 from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Bank7 from $54.00 to $56.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $58.50.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC purchased a new stake in Bank7 in the 1st quarter valued at $227,000. Goldman Sachs Group Inc. boosted its holdings in Bank7 by 11.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,056 shares of the company’s stock worth $1,164,000 after acquiring an additional 3,145 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Bank7 by 2.5% during the 2nd quarter. Geode Capital Management LLC now owns 101,428 shares of the company’s stock worth $4,243,000 after acquiring an additional 2,442 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Bank7 by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,766 shares of the company’s stock worth $534,000 after acquiring an additional 245 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Bank7 by 13.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 28,829 shares of the company’s stock worth $1,206,000 after acquiring an additional 3,378 shares in the last quarter. Hedge funds and other institutional investors own 23.48% of the company’s stock.

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.