Bank7 (NASDAQ:BSVN) Given New $47.00 Price Target at Keefe, Bruyette & Woods

Bank7 (NASDAQ:BSVN - Free Report) had its price target cut by Keefe, Bruyette & Woods from $50.00 to $47.00 in a report issued on Friday,Benzinga reports. They currently have an outperform rating on the stock.

Separately, Piper Sandler increased their target price on Bank7 from $53.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, January 17th.

Bank7 Trading Down 1.6 %

Shares of BSVN stock traded down $0.56 during midday trading on Friday, reaching $35.34. 5,135 shares of the stock were exchanged, compared to its average volume of 27,068. Bank7 has a 1 year low of $26.07 and a 1 year high of $50.26. The firm has a market cap of $333.89 million, a PE ratio of 7.30 and a beta of 1.15. The company's 50 day moving average is $39.51 and its two-hundred day moving average is $42.46.

Bank7 (NASDAQ:BSVN - Get Free Report) last released its earnings results on Thursday, April 10th. The company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.11. Bank7 had a net margin of 32.00% and a return on equity of 23.83%. The firm had revenue of $22.60 million for the quarter, compared to the consensus estimate of $22.58 million. During the same period in the prior year, the firm earned $1.21 EPS. As a group, equities analysts expect that Bank7 will post 4.06 EPS for the current fiscal year.

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Insider Buying and Selling at Bank7

In related news, insider Douglas A. Haines purchased 1,433 shares of Bank7 stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average cost of $39.91 per share, for a total transaction of $57,191.03. Following the completion of the purchase, 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 purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Henry Litchfield sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $41.54, for a total transaction of $207,700.00. Following the transaction, the vice president now owns 13,375 shares in the company, valued at approximately $555,597.50. This trade represents a 27.21 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 44.01% of the company's stock.

Institutional Investors Weigh In On Bank7

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its stake in shares of Bank7 by 22.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,504 shares of the company's stock worth $56,000 after buying an additional 280 shares during the last quarter. State Street Corp boosted its position in Bank7 by 10.4% in the third quarter. State Street Corp now owns 47,430 shares of the company's stock worth $1,789,000 after purchasing an additional 4,465 shares during the last quarter. Barclays PLC grew its stake in shares of Bank7 by 158.7% during the 3rd quarter. Barclays PLC now owns 12,953 shares of the company's stock valued at $486,000 after purchasing an additional 7,947 shares during the period. Geode Capital Management LLC increased its position in shares of Bank7 by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 96,321 shares of the company's stock valued at $3,610,000 after purchasing an additional 1,633 shares during the last quarter. Finally, Inspire Investing LLC purchased a new stake in shares of Bank7 during the 4th quarter valued at about $893,000. Institutional investors 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.