Bank7 Corp. (NASDAQ:BSVN) Short Interest Update

Bank7 Corp. (NASDAQ:BSVN) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 25,400 shares, a decrease of 34.2% from the March 31st total of 38,600 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.7% of the shares of the company are short sold.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Stephens reiterated an “equal weight” rating and issued a $31.00 price objective on shares of Bank7 in a research report on Tuesday, January 30th. Keefe, Bruyette & Woods increased their price target 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.

Insider Transactions at Bank7

In other Bank7 news, CEO Thomas L. Travis sold 7,500 shares of the company’s stock in a transaction 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 owns 288,271 shares in the company, valued at approximately $7,783,317. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Bank7 news, CEO Thomas L. Travis sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, April 19th. The stock was sold at an average price of $27.00, for a total transaction of $202,500.00. Following the transaction, the chief executive officer now 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 accessible through the SEC website. Also, CEO Thomas L. Travis sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $27.11, for a total value of $542,200.00. Following the completion of the sale, the chief executive officer now directly owns 295,771 shares of the company’s stock, valued at $8,018,351.81. The disclosure for this sale can be found here. Company insiders own 41.92% of the company’s stock.

Hedge Funds Weigh In On Bank7

Several institutional investors have recently added to or reduced their stakes in the business. Denali Advisors LLC grew its holdings in Bank7 by 60.3% in the 1st quarter. Denali Advisors LLC now owns 9,300 shares of the company’s stock valued at $262,000 after buying an additional 3,500 shares during the period. AJOVista LLC purchased a new stake in Bank7 in the fourth quarter valued at approximately $65,000. Russell Investments Group Ltd. increased its position in Bank7 by 15.3% during the fourth quarter. Russell Investments Group Ltd. now owns 17,272 shares of the company’s stock worth $472,000 after purchasing an additional 2,289 shares during the last quarter. EJF Capital LLC purchased a new position in Bank7 during the third quarter worth approximately $225,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Bank7 in the 3rd quarter valued at $275,000. 23.48% of the stock is currently owned by institutional investors and hedge funds.

Bank7 Stock Performance

BSVN stock traded down $0.06 during trading on Monday, hitting $27.40. The stock had a trading volume of 4,593 shares, compared to its average volume of 13,430. Bank7 has a 1-year low of $19.53 and a 1-year high of $28.99. The stock has a market cap of $253.18 million, a price-to-earnings ratio of 8.54 and a beta of 1.45. The company’s 50 day moving average price is $27.53 and its two-hundred day moving average price is $25.86.

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. Bank7 had a net margin of 21.70% and a return on equity of 17.97%. The firm had revenue of $39.17 million for the quarter, compared to analyst estimates of $21.10 million. During the same quarter last year, the business earned $0.91 earnings per share. As a group, sell-side analysts forecast that Bank7 will post 4.05 earnings per share for the current fiscal year.

Bank7 Company Profile

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.