Joseph Galli Sells 8,122 Shares of BV Financial (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph Galli sold 8,122 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $19.84, for a total transaction of $161,140.48. Following the completion of the transaction, the director directly owned 3,080 shares in the company, valued at approximately $61,107.20. This represents a 72.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

BV Financial Stock Performance

NASDAQ:BVFL opened at $20.11 on Wednesday. The company’s 50-day moving average price is $19.84 and its 200-day moving average price is $19.22. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The company has a market cap of $174.15 million, a P/E ratio of 14.47 and a beta of 0.30. BV Financial, Inc. has a twelve month low of $14.05 and a twelve month high of $20.75.

Hedge Funds Weigh In On BV Financial

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in BV Financial by 0.9% during 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 raised its stake in BV Financial by 95.5% during 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 raised its stake in BV Financial by 4.7% during 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. raised its stake in BV Financial by 2.8% during 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 position in BV Financial during the fourth quarter worth about $1,100,000. 42.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BVFL has been the topic of several research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of BV Financial in a research note on Friday, March 27th. Wall Street Zen downgraded shares of BV Financial from a “hold” rating to a “sell” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

BV Financial Company Profile

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.