Joseph S. Galli Sells 1,000 Shares of BV Financial, Inc. (NASDAQ:BVFL) Stock

BV Financial, Inc. (NASDAQ:BVFL) Director Joseph S. Galli sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $15.94, for a total value of $15,940.00. Following the sale, the director now directly owns 81,309 shares of the company’s stock, valued at approximately $1,296,065.46. The trade was a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

BV Financial Stock Performance

NASDAQ BVFL opened at $15.85 on Thursday. BV Financial, Inc. has a 52-week low of $10.45 and a 52-week high of $18.19. The business has a 50 day simple moving average of $15.06 and a 200 day simple moving average of $15.88. The stock has a market cap of $167.91 million, a price-to-earnings ratio of 14.54 and a beta of 0.63.

BV Financial (NASDAQ:BVFL) last released its quarterly earnings results on Thursday, April 17th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $9.17 million during the quarter. BV Financial had a return on equity of 6.09% and a net margin of 23.83%.

Institutional Investors Weigh In On BV Financial

Several large investors have recently made changes to their positions in BVFL. Barclays PLC acquired a new stake in BV Financial during the 3rd quarter valued at $52,000. Covestor Ltd increased its position in BV Financial by 20.3% during the 4th quarter. Covestor Ltd now owns 4,817 shares of the company’s stock worth $83,000 after buying an additional 814 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of BV Financial in the fourth quarter worth $93,000. Cubist Systematic Strategies LLC bought a new position in shares of BV Financial in the fourth quarter worth $148,000. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of BV Financial in the fourth quarter worth $260,000. Institutional investors and hedge funds own 42.65% of the company’s stock.

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.