Bank7 Corp. (NASDAQ:BSVN) CEO Sells $202,500.00 in Stock

Bank7 Corp. (NASDAQ:BSVN) CEO Thomas L. Travis sold 7,500 shares of the stock in a transaction that occurred on Friday, April 19th. The shares were sold at an average price of $27.00, for a total transaction of $202,500.00. Following the completion of the transaction, the chief executive officer now directly owns 288,271 shares of the company’s stock, valued at $7,783,317. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Bank7 Trading Up 0.8 %

Shares of NASDAQ BSVN opened at $27.59 on Friday. The stock has a market cap of $254.88 million, a price-to-earnings ratio of 8.54 and a beta of 1.45. Bank7 Corp. has a 12 month low of $19.53 and a 12 month high of $28.99. The company has a 50 day simple moving average of $27.55 and a two-hundred day simple moving average of $25.65.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings results on Monday, January 29th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.20. The company had revenue of $39.17 million for the quarter, compared to analyst estimates of $21.10 million. Bank7 had a net margin of 21.70% and a return on equity of 17.97%. During the same period in the prior year, the company earned $0.91 earnings per share. Analysts forecast that Bank7 Corp. will post 4.05 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Stephens reissued an “equal weight” rating and set a $31.00 price objective on shares of Bank7 in a report on Tuesday, January 30th. Keefe, Bruyette & Woods increased their price objective on Bank7 from $38.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, January 30th.

Institutional Trading of Bank7

A number of hedge funds have recently modified their holdings of BSVN. Bank of New York Mellon Corp lifted its holdings in Bank7 by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 27,115 shares of the company’s stock valued at $640,000 after acquiring an additional 783 shares during the period. Acadian Asset Management LLC boosted its holdings in Bank7 by 120.5% during the first quarter. Acadian Asset Management LLC now owns 24,006 shares of the company’s stock worth $565,000 after buying an additional 13,121 shares in the last quarter. BlackRock Inc. boosted its holdings in Bank7 by 13.1% during the first quarter. BlackRock Inc. now owns 19,683 shares of the company’s stock worth $463,000 after buying an additional 2,279 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Bank7 by 50.2% during the first quarter. Dimensional Fund Advisors LP now owns 13,445 shares of the company’s stock valued at $318,000 after buying an additional 4,492 shares during the period. Finally, UBS Group AG increased its holdings in Bank7 by 7.5% in the first quarter. UBS Group AG now owns 10,966 shares of the company’s stock valued at $258,000 after buying an additional 764 shares in the last quarter. Hedge funds and other institutional investors own 23.48% of the company’s stock.

About Bank7

Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers. It offers commercial deposit, commercial checking, money market, and other deposit accounts; and retail deposit services, such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.