Insider Selling: Bank7 Corp. (NASDAQ:BSVN) CEO Sells 7,500 Shares of Stock

Bank7 Corp. (NASDAQ:BSVN) CEO Thomas L. Travis sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The shares were sold at an average price of $27.00, for a total value 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 approximately $7,783,317. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Bank7 Trading Up 0.8 %

NASDAQ:BSVN traded up $0.22 on Friday, reaching $27.59. 14,180 shares of the stock traded hands, compared to its average volume of 13,784. The firm has a market capitalization of $254.93 million, a price-to-earnings ratio of 8.47 and a beta of 1.45. The company’s 50 day moving average is $27.55 and its 200-day moving average is $25.58. Bank7 Corp. has a 1-year low of $19.53 and a 1-year high of $28.99.

Bank7 (NASDAQ:BSVN) last announced its quarterly earnings data on Monday, January 29th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.20. The company had revenue of $39.17 million during the quarter, compared to the consensus estimate of $21.10 million. Bank7 had a net margin of 21.70% and a return on equity of 17.97%. During the same quarter last year, the firm posted $0.91 EPS. On average, equities research analysts forecast that Bank7 Corp. will post 4.05 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Trading of Bank7

Several hedge funds have recently bought and sold shares of BSVN. Osaic Holdings Inc. grew its position in Bank7 by 1,000.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,100 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares during the period. Wells Fargo & Company MN boosted its holdings in Bank7 by 3,755.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,041 shares of the company’s stock worth $27,000 after acquiring an additional 1,014 shares during the last quarter. Copeland Capital Management LLC purchased a new position in Bank7 during the 3rd quarter worth $28,000. California State Teachers Retirement System purchased a new position in Bank7 during the 2nd quarter worth $30,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Bank7 during the 3rd quarter worth $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.