Darrell Lee Jr. Mathews Sells 1,000 Shares of Bank7 (NASDAQ:BSVN) Stock

Bank7 Corp. (NASDAQ:BSVN) EVP Darrell Lee Jr. Mathews sold 1,000 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $43.00, for a total value of $43,000.00. Following the completion of the sale, the executive vice president directly owned 6,497 shares of the company’s stock, valued at approximately $279,371. This represents a 13.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Bank7 Stock Up 0.8%

NASDAQ:BSVN opened at $43.95 on Friday. The business’s 50 day moving average is $41.61 and its two-hundred day moving average is $42.36. Bank7 Corp. has a 52 week low of $36.60 and a 52 week high of $50.10. The company has a market cap of $418.40 million, a PE ratio of 9.43 and a beta of 0.93.

Bank7 (NASDAQ:BSVN) last released its earnings results on Tuesday, April 14th. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.24. Bank7 had a return on equity of 18.52% and a net margin of 31.77%.The company had revenue of $26.16 million for the quarter, compared to the consensus estimate of $23.63 million. As a group, sell-side analysts expect that Bank7 Corp. will post 4.45 EPS for the current fiscal year.

Hedge Funds Weigh In On Bank7

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in 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 buying an additional 245 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Bank7 by 77.8% in the 4th quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock worth $27,000 after buying an additional 294 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Bank7 by 30.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock worth $84,000 after buying an additional 420 shares in the last quarter. First Trust Advisors LP grew its holdings in Bank7 by 7.5% in the 2nd quarter. First Trust Advisors LP now owns 6,030 shares of the company’s stock worth $252,000 after buying an additional 423 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Bank7 by 3.9% in the 4th quarter. Jane Street Group LLC now owns 12,254 shares of the company’s stock worth $502,000 after buying an additional 458 shares in the last quarter. 23.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on BSVN. Piper Sandler increased their target price on Bank7 from $55.00 to $57.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Weiss Ratings upgraded shares of Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, April 24th. Keefe, Bruyette & Woods dropped their price objective on shares of Bank7 from $53.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 15th. Finally, Zacks Research upgraded shares of Bank7 from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $54.50.

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.