Bank7 (NASDAQ:BSVN) PT Raised to $40.00

Bank7 (NASDAQ:BSVNGet Free Report) had its target price upped by research analysts at Keefe, Bruyette & Woods from $38.00 to $40.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 43.11% from the company’s current price.

Several other research analysts also recently weighed in on the company. Stephens dropped their price target on Bank7 from $27.00 to $24.00 and set an “equal weight” rating for the company in a research note on Friday, October 27th. Piper Sandler decreased their target price on Bank7 from $32.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, October 30th.

Read Our Latest Stock Analysis on BSVN

Bank7 Stock Performance

Shares of NASDAQ:BSVN opened at $27.95 on Tuesday. The company has a market capitalization of $256.86 million, a P/E ratio of 9.13 and a beta of 1.49. The company’s 50-day moving average is $25.85 and its 200 day moving average is $24.65. Bank7 has a fifty-two week low of $19.53 and a fifty-two week high of $30.86.

Bank7 (NASDAQ:BSVNGet Free Report) last posted its quarterly earnings results on Monday, January 29th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.20. The firm had revenue of $39.17 million for the quarter, compared to the consensus estimate of $21.10 million. Bank7 had a net margin of 21.62% and a return on equity of 17.54%. During the same period last year, the firm posted $0.91 earnings per share. As a group, research analysts predict that Bank7 will post 3.78 earnings per share for the current year.

Insider Buying and Selling at Bank7

In other news, VP Jason E. Estes sold 2,458 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $24.62, for a total transaction of $60,515.96. Following the transaction, the vice president now directly owns 66,263 shares of the company’s stock, valued at $1,631,395.06. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Bank7 news, VP Jason E. Estes sold 2,458 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $24.62, for a total transaction of $60,515.96. Following the sale, the vice president now directly owns 66,263 shares of the company’s stock, valued at approximately $1,631,395.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas L. Travis sold 7,500 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $23.67, for a total value of $177,525.00. Following the sale, the chief executive officer now directly owns 304,207 shares in the company, valued at $7,200,579.69. The disclosure for this sale can be found here. Insiders have sold a total of 10,500 shares of company stock worth $251,472 over the last ninety days. Company insiders own 44.01% of the company’s stock.

Institutional Investors Weigh In On Bank7

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Bank7 by 3.7% in the third quarter. Vanguard Group Inc. now owns 217,563 shares of the company’s stock worth $4,897,000 after acquiring an additional 7,784 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in Bank7 during the third quarter worth $252,000. EJF Capital LLC acquired a new position in Bank7 during the third quarter worth $225,000. Quadrature Capital Ltd acquired a new position in Bank7 during the third quarter worth $275,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Bank7 during the third quarter worth $274,000. 25.44% of the stock is currently owned by institutional investors and hedge funds.

About Bank7

(Get Free Report)

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 services, including 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.

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