BV Financial (NASDAQ:BVFL) Director Joseph Galli Sells 1,500 Shares of Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 1,500 shares of BV Financial stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $19.63, for a total value of $29,445.00. Following the completion of the sale, the director directly owned 20,933 shares of the company’s stock, valued at $410,914.79. The trade was a 6.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

BV Financial Trading Down 4.2%

BVFL stock opened at $18.68 on Friday. The business’s fifty day moving average price is $18.88 and its 200 day moving average price is $17.59. BV Financial, Inc. has a 12-month low of $13.53 and a 12-month high of $19.88. The company has a market capitalization of $166.25 million, a PE ratio of 12.71 and a beta of 0.42.

Analyst Upgrades and Downgrades

BVFL has been the topic of several recent research reports. Wall Street Zen raised shares of BV Financial from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Institutional Investors Weigh In On BV Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Nisa Investment Advisors LLC acquired a new position in shares of BV Financial during the second quarter worth $25,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in BV Financial in the second quarter valued at $30,000. BNP Paribas Financial Markets lifted its holdings in BV Financial by 105.4% during 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 last quarter. Bank of America Corp DE lifted its holdings in BV Financial by 4,353.0% during 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 last quarter. Finally, JPMorgan Chase & Co. acquired a new position in shares of BV Financial during the 2nd quarter worth about $63,000. 42.65% of the stock is currently owned by institutional investors and hedge funds.

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.