Joseph Galli Sells 5,000 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $20.00, for a total value of $100,000.00. Following the completion of the sale, the director owned 36,341 shares in the company, valued at approximately $726,820. The trade was a 12.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

BV Financial Stock Performance

BVFL stock opened at $20.00 on Friday. 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 business’s fifty day simple moving average is $19.37 and its two-hundred day simple moving average is $18.65. BV Financial, Inc. has a twelve month low of $14.05 and a twelve month high of $20.54. The firm has a market cap of $175 million, a price-to-earnings ratio of 14.39 and a beta of 0.32.

Hedge Funds Weigh In On BV Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in BV Financial by 0.9% in the third quarter. Vanguard Group Inc. now owns 500,809 shares of the company’s stock valued at $8,073,000 after purchasing an additional 4,254 shares during the last quarter. Geode Capital Management LLC grew its stake in BV Financial by 95.5% in the second quarter. Geode Capital Management LLC now owns 207,445 shares of the company’s stock valued at $3,160,000 after purchasing an additional 101,350 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in BV Financial by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 120,933 shares of the company’s stock valued at $2,315,000 after purchasing an additional 5,428 shares during the last quarter. Raymond James Financial Inc. grew its stake in BV Financial by 2.8% in the third quarter. Raymond James Financial Inc. now owns 84,231 shares of the company’s stock valued at $1,358,000 after purchasing an additional 2,314 shares during the last quarter. Finally, Beartown Capital Management LLC purchased a new position in BV Financial in the fourth quarter valued at about $1,100,000. Hedge funds and other institutional investors own 42.65% of the company’s stock.

Analyst Upgrades and Downgrades

BVFL has been the subject of several research analyst reports. Wall Street Zen downgraded shares of BV Financial from a “buy” rating to a “hold” rating in a research note on Sunday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

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.