Bank7 Corp. (NASDAQ:BSVN) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its stake in shares of Bank7 Corp. (NASDAQ:BSVN) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,581 shares of the company’s stock after selling 826 shares during the period. Russell Investments Group Ltd. owned about 0.21% of Bank7 worth $914,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. R Squared Ltd bought a new position in Bank7 in the fourth quarter worth about $30,000. Wells Fargo & Company MN boosted its stake in Bank7 by 30.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,333 shares of the company’s stock valued at $109,000 after buying an additional 540 shares in the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of Bank7 by 9.1% in the 4th quarter. Hillsdale Investment Management Inc. now owns 6,000 shares of the company’s stock worth $280,000 after purchasing an additional 500 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Bank7 in the fourth quarter worth approximately $293,000. Finally, Barclays PLC grew its holdings in shares of Bank7 by 158.7% in the 3rd quarter. Barclays PLC now owns 12,953 shares of the company’s stock worth $486,000 after acquiring an additional 7,947 shares during the last quarter. Institutional investors own 23.48% of the company’s stock.

Bank7 Stock Performance

Shares of BSVN stock opened at $34.83 on Tuesday. The stock’s 50 day simple moving average is $38.92 and its 200 day simple moving average is $42.44. Bank7 Corp. has a twelve month low of $26.07 and a twelve month high of $50.26. The company has a market capitalization of $329.07 million, a price-to-earnings ratio of 7.20 and a beta of 1.15.

Bank7 (NASDAQ:BSVN) last posted its quarterly earnings data on Thursday, April 10th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.11. The business had revenue of $22.60 million during the quarter, compared to analysts’ expectations of $22.58 million. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. During the same quarter in the previous year, the firm earned $1.21 EPS. On average, analysts forecast that Bank7 Corp. will post 4.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on BSVN. Keefe, Bruyette & Woods dropped their target price on shares of Bank7 from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Friday, April 11th. Piper Sandler upped their target price on Bank7 from $53.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th.

Insider Buying and Selling at Bank7

In other news, insider Douglas A. Haines bought 1,433 shares of Bank7 stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average cost of $39.91 per share, with a total value of $57,191.03. Following the completion of the transaction, the insider now directly owns 18,542 shares in the company, valued at $740,011.22. This trade represents a 8.38 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Henry Litchfield sold 5,000 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total transaction of $207,700.00. Following the completion of the transaction, the vice president now directly owns 13,375 shares of the company’s stock, valued at $555,597.50. This trade represents a 27.21 % decrease in their position. The disclosure for this sale can be found here. Insiders own 44.01% 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.