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

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 5,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $19.85, for a total value of $99,250.00. Following the transaction, the director owned 11,202 shares of the company’s stock, valued at $222,359.70. This represents a 30.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

BV Financial Stock Down 2.6%

Shares of BVFL opened at $19.71 on Friday. The company has a market cap of $170.69 million, a PE ratio of 14.18 and a beta of 0.30. The business has a fifty day moving average of $19.79 and a 200 day moving average of $19.18. BV Financial, Inc. has a 52-week low of $14.05 and a 52-week high of $20.54. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.19.

Institutional Trading of BV Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased 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 worth $8,073,000 after purchasing an additional 4,254 shares during the period. Geode Capital Management LLC increased 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 worth $3,160,000 after purchasing an additional 101,350 shares during the period. Dimensional Fund Advisors LP increased 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 worth $2,315,000 after purchasing an additional 5,428 shares during the period. Raymond James Financial Inc. increased 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 worth $1,358,000 after purchasing an additional 2,314 shares during the period. Finally, Beartown Capital Management LLC purchased a new stake in BV Financial in the fourth quarter worth $1,100,000. Hedge funds and other institutional investors own 42.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BVFL shares. Weiss Ratings restated a “hold (c+)” rating on shares of BV Financial in a research report on Friday, March 27th. Wall Street Zen downgraded BV Financial from a “hold” rating to a “sell” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, BV Financial 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.