Banc Funds Co. LLC Sells 73,100 Shares of Bank7 Corp. (NASDAQ:BSVN)

Banc Funds Co. LLC lowered its position in Bank7 Corp. (NASDAQ:BSVN - Free Report) by 24.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 232,036 shares of the company's stock after selling 73,100 shares during the period. Banc Funds Co. LLC owned 2.48% of Bank7 worth $10,827,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of Bank7 by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company's stock worth $3,610,000 after purchasing an additional 1,633 shares in the last quarter. Invesco Ltd. bought a new position in shares of Bank7 in the fourth quarter valued at $4,291,000. State Street Corp grew its holdings in shares of Bank7 by 10.4% during the third quarter. State Street Corp now owns 47,430 shares of the company's stock valued at $1,789,000 after buying an additional 4,465 shares during the last quarter. American Century Companies Inc. increased its position in shares of Bank7 by 91.8% during the fourth quarter. American Century Companies Inc. now owns 40,121 shares of the company's stock worth $1,872,000 after acquiring an additional 19,199 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Bank7 by 61.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 38,936 shares of the company's stock worth $1,817,000 after acquiring an additional 14,765 shares during the last quarter. Institutional investors and hedge funds own 23.48% of the company's stock.

Insider Buying and Selling

In other Bank7 news, insider Douglas A. Haines bought 1,433 shares of the stock in a transaction on Wednesday, March 5th. The shares were acquired at an average price of $39.91 per share, with a total value of $57,191.03. Following the acquisition, the insider now directly owns 18,542 shares of the company's stock, valued at $740,011.22. The trade was a 8.38 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Henry Litchfield sold 5,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $41.54, for a total value 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. The trade was a 27.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 44.01% of the stock is currently owned by insiders.

Bank7 Price Performance

Shares of NASDAQ BSVN traded up $0.72 during midday trading on Tuesday, reaching $35.55. The company's stock had a trading volume of 13,879 shares, compared to its average volume of 23,217. The stock has a market capitalization of $335.83 million, a P/E ratio of 7.33 and a beta of 1.15. The firm has a 50 day moving average price of $38.92 and a 200-day moving average price of $42.44. Bank7 Corp. has a 12-month low of $26.07 and a 12-month high of $50.26.

Bank7 (NASDAQ:BSVN - Get Free Report) last announced its earnings results on Thursday, April 10th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.11. The firm had revenue of $22.60 million during the quarter, compared to analyst estimates of $22.58 million. Bank7 had a return on equity of 23.83% and a net margin of 32.00%. During the same period last year, the firm posted $1.21 EPS. On average, equities analysts predict that Bank7 Corp. will post 4.06 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BSVN. Keefe, Bruyette & Woods cut their price target on Bank7 from $50.00 to $47.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Piper Sandler increased their price target on Bank7 from $53.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, January 17th.

Bank7 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.