Bank7 (NASDAQ:BSVN) CFO Sells $205,875.00 in Stock

Bank7 Corp. (NASDAQ:BSVN) CFO Kelly Harris sold 4,500 shares of Bank7 stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $45.75, for a total value of $205,875.00. Following the completion of the sale, the chief financial officer directly owned 12,756 shares in the company, valued at approximately $583,587. This represents a 26.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Bank7 Stock Down 0.6%

NASDAQ:BSVN opened at $45.19 on Friday. Bank7 Corp. has a twelve month low of $32.49 and a twelve month high of $50.10. The firm has a market capitalization of $427.05 million, a price-to-earnings ratio of 10.06 and a beta of 0.94. The stock’s 50 day moving average price is $43.16 and its two-hundred day moving average price is $44.41.

Bank7 (NASDAQ:BSVN) last issued its earnings results on Thursday, January 15th. The company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.09. Bank7 had a net margin of 31.38% and a return on equity of 18.58%. The business had revenue of $24.10 million for the quarter, compared to the consensus estimate of $24.10 million. As a group, analysts anticipate that Bank7 Corp. will post 4.06 earnings per share for the current year.

Bank7 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, December 22nd. Bank7’s dividend payout ratio (DPR) is currently 24.05%.

Analyst Upgrades and Downgrades

BSVN has been the subject of several recent research reports. Keefe, Bruyette & Woods cut their price target on Bank7 from $54.00 to $53.00 and set an “outperform” rating for the company in a research note on Thursday, October 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Bank7 in a report on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Bank7 currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.00.

Hedge Funds Weigh In On Bank7

Several institutional investors have recently modified their holdings of BSVN. American Century Companies Inc. lifted its holdings in shares of Bank7 by 113.8% in the 2nd quarter. American Century Companies Inc. now owns 118,772 shares of the company’s stock worth $4,968,000 after acquiring an additional 63,210 shares during the last quarter. Mink Brook Asset Management LLC raised its position in Bank7 by 11.4% during the 2nd quarter. Mink Brook Asset Management LLC now owns 467,280 shares of the company’s stock valued at $19,546,000 after purchasing an additional 47,697 shares during the last quarter. Twin Lions Management LLC lifted its stake in Bank7 by 9.4% in the second quarter. Twin Lions Management LLC now owns 349,563 shares of the company’s stock worth $14,622,000 after acquiring an additional 29,921 shares during the period. Inspire Investing LLC lifted its position in shares of Bank7 by 12.3% in the 2nd quarter. Inspire Investing LLC now owns 22,200 shares of the company’s stock worth $929,000 after purchasing an additional 2,436 shares during the period. Finally, Angel Oak Capital Advisors LLC lifted its holdings in Bank7 by 12.5% in the second quarter. Angel Oak Capital Advisors LLC now owns 27,000 shares of the company’s stock worth $1,129,000 after buying an additional 3,000 shares during the period. 23.48% of the stock is owned by institutional investors.

About Bank7

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.