Jason Estes Sells 3,225 Shares of Bank7 (NASDAQ:BSVN) Stock

Bank7 Corp. (NASDAQ:BSVN) VP Jason Estes sold 3,225 shares of the business’s stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $49.51, for a total value of $159,669.75. Following the completion of the sale, the vice president owned 101,898 shares of the company’s stock, valued at $5,044,969.98. The trade was a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Bank7 Price Performance

Shares of NASDAQ BSVN opened at $50.32 on Thursday. The stock has a market capitalization of $479.05 million, a P/E ratio of 11.51 and a beta of 0.91. Bank7 Corp. has a one year low of $38.29 and a one year high of $52.99. The firm’s 50 day simple moving average is $47.50 and its two-hundred day simple moving average is $44.30.

Bank7 (NASDAQ:BSVN) last released its earnings results on Thursday, July 16th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.16). The business had revenue of $22.91 million for the quarter, compared to the consensus estimate of $23.86 million. Bank7 had a net margin of 30.36% and a return on equity of 16.74%. As a group, equities analysts expect that Bank7 Corp. will post 4.26 earnings per share for the current fiscal year.

Institutional Trading of Bank7

Several large investors have recently bought and sold shares of the company. State of Alaska Department of Revenue grew its holdings in shares of Bank7 by 77.8% during the 4th quarter. State of Alaska Department of Revenue now owns 672 shares of the company’s stock worth $27,000 after acquiring an additional 294 shares during the period. PNC Financial Services Group Inc. grew its stake in Bank7 by 60.4% in the first quarter. PNC Financial Services Group Inc. now owns 1,604 shares of the company’s stock worth $64,000 after purchasing an additional 604 shares during the period. BNP Paribas Financial Markets raised its holdings in Bank7 by 30.2% in the third quarter. BNP Paribas Financial Markets now owns 1,812 shares of the company’s stock worth $84,000 after purchasing an additional 420 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Bank7 by 47.8% during the 4th quarter. Wells Fargo & Company MN now owns 4,763 shares of the company’s stock valued at $195,000 after buying an additional 1,540 shares in the last quarter. Finally, Zacks Investment Management bought a new position in shares of Bank7 in the 4th quarter worth about $202,000. 23.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Zacks Research downgraded Bank7 from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Piper Sandler lifted their target price on shares of Bank7 from $57.00 to $61.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Weiss Ratings upgraded shares of Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 12th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Bank7 from $54.00 to $56.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.50.

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.