Insider Selling: BV Financial, Inc. (NASDAQ:BVFL) Director Sells $32,800.80 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph S. Galli sold 2,076 shares of the firm’s stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $15.80, for a total transaction of $32,800.80. Following the completion of the sale, the director now owns 12,639 shares in the company, valued at $199,696.20. This represents a 14.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

BV Financial Stock Down 0.3%

Shares of BVFL stock opened at $15.65 on Friday. The firm has a market capitalization of $164.78 million, a P/E ratio of 14.36 and a beta of 0.63. BV Financial, Inc. has a twelve month low of $10.90 and a twelve month high of $18.19. The stock’s fifty day simple moving average is $15.17 and its 200 day simple moving average is $15.89.

BV Financial (NASDAQ:BVFL) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.30 earnings per share for the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%. The business had revenue of $9.17 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BVFL. Barclays PLC acquired a new position in shares of BV Financial in the third quarter valued at approximately $52,000. Truffle Hound Capital LLC acquired a new stake in shares of BV Financial during the fourth quarter worth $2,583,000. Arrowstreet Capital Limited Partnership increased its position in shares of BV Financial by 267.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 97,885 shares of the company’s stock worth $1,686,000 after buying an additional 71,279 shares during the period. Covestor Ltd raised its position in shares of BV Financial by 20.3% in the 4th quarter. Covestor Ltd now owns 4,817 shares of the company’s stock worth $83,000 after acquiring an additional 814 shares in the last quarter. Finally, Fourthstone LLC raised its position in shares of BV Financial by 4.3% in the 4th quarter. Fourthstone LLC now owns 592,370 shares of the company’s stock worth $10,201,000 after acquiring an additional 24,592 shares in the last quarter. Institutional investors and hedge funds own 42.65% of the company’s stock.

About BV Financial

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.