Bank7 (NASDAQ:BSVN) VP Sells $159,669.75 in Stock

Bank7 Corp. (NASDAQ:BSVN) VP Jason Estes sold 3,225 shares of the business’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $49.51, for a total transaction of $159,669.75. Following the sale, the vice president owned 101,898 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website.

Bank7 Stock Performance

Bank7 stock opened at $50.00 on Friday. The firm’s 50-day moving average is $47.63 and its 200-day moving average is $44.35. Bank7 Corp. has a 1 year low of $38.29 and a 1 year high of $52.99. The company has a market cap of $475.95 million, a P/E ratio of 11.44 and a beta of 0.91.

Bank7 (NASDAQ:BSVN) last posted its quarterly 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 during the quarter, compared to analyst estimates of $23.86 million. Bank7 had a net margin of 30.36% and a return on equity of 16.74%. As a group, sell-side analysts predict that Bank7 Corp. will post 4.26 earnings per share for the current year.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

BSVN has been the topic of a number of research reports. Keefe, Bruyette & Woods increased their price target on Bank7 from $54.00 to $56.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Weiss Ratings upgraded Bank7 from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 12th. Zacks Research downgraded Bank7 from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Piper Sandler increased their target price on Bank7 from $57.00 to $61.00 and gave the stock an “overweight” 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 stock. According to MarketBeat, Bank7 has a consensus rating of “Moderate Buy” and an average 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.