Insider Selling: BV Financial (NASDAQ:BVFL) Director Sells $61,045.60 in Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 3,080 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.82, for a total value of $61,045.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

BV Financial Stock Down 1.1%

BVFL opened at $19.88 on Thursday. 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 firm has a market cap of $172.16 million, a P/E ratio of 14.30 and a beta of 0.30. BV Financial, Inc. has a 52 week low of $14.05 and a 52 week high of $20.75. The business’s fifty day simple moving average is $19.85 and its 200 day simple moving average is $19.23.

Analyst Ratings Changes

BVFL has been the topic of a number of analyst reports. Wall Street Zen lowered BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Hedge Funds Weigh In On BV Financial

Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets raised its holdings in shares of 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 purchasing an additional 1,220 shares during the period. Bank of America Corp DE raised its holdings in shares of 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 purchasing an additional 3,613 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of BV Financial in the 2nd quarter worth about $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of BV Financial in the 2nd quarter worth about $72,000. Finally, MetLife Investment Management LLC purchased a new position in shares of BV Financial in the 4th quarter worth about $95,000. 42.65% of the stock is currently owned by hedge funds and other institutional investors.

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.