Bank7 Corp. (NASDAQ:BSVN) CEO Thomas L. Travis Sells 7,500 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN) CEO Thomas L. Travis sold 7,500 shares of the business’s stock in a transaction dated Friday, April 19th. The stock was sold at an average price of $27.00, for a total transaction of $202,500.00. Following the sale, the chief executive officer now directly owns 288,271 shares in the company, valued at approximately $7,783,317. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Bank7 Trading Up 0.8 %

Shares of BSVN opened at $27.59 on Friday. The stock has a market cap of $254.93 million, a P/E ratio of 8.54 and a beta of 1.45. The company has a 50-day moving average of $27.55 and a two-hundred day moving average of $25.62. Bank7 Corp. has a 12-month low of $19.53 and a 12-month high of $28.99.

Bank7 (NASDAQ:BSVN) last announced its earnings results on Monday, January 29th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.20. The company had revenue of $39.17 million during the quarter, compared to analysts’ expectations of $21.10 million. Bank7 had a net margin of 21.70% and a return on equity of 17.97%. During the same quarter in the previous year, the business posted $0.91 earnings per share. As a group, analysts forecast that Bank7 Corp. will post 4.05 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on BSVN shares. 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 lifted their target price on shares of Bank7 from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 30th.

Hedge Funds Weigh In On Bank7

Institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN raised its position in shares of Bank7 by 3,755.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,041 shares of the company’s stock valued at $27,000 after buying an additional 1,014 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Bank7 by 1,000.0% in the second quarter. Osaic Holdings Inc. now owns 1,100 shares of the company’s stock valued at $27,000 after buying an additional 1,000 shares during the last quarter. Copeland Capital Management LLC acquired a new position in shares of Bank7 in the third quarter valued at approximately $28,000. California State Teachers Retirement System acquired a new position in shares of Bank7 in the second quarter valued at approximately $30,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Bank7 in the third quarter valued at approximately $51,000. Institutional investors and hedge funds 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.