John T. Phillips Sells 11,943 Shares of Bank7 Corp. (NASDAQ:BSVN) Stock

Bank7 Corp. (NASDAQ:BSVN) COO John T. Phillips sold 11,943 shares of the company’s stock in a transaction that occurred on Thursday, July 18th. The shares were sold at an average price of $36.53, for a total value of $436,277.79. Following the completion of the transaction, the chief operating officer now directly owns 17,803 shares in the company, valued at $650,343.59. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Bank7 Stock Performance

NASDAQ:BSVN opened at $39.94 on Thursday. Bank7 Corp. has a 1 year low of $19.53 and a 1 year high of $40.47. The stock has a market cap of $369.37 million, a price-to-earnings ratio of 11.71 and a beta of 1.49. The business has a fifty day moving average of $31.20 and a 200-day moving average of $28.70.

Bank7 (NASDAQ:BSVN) last released its quarterly earnings results on Thursday, July 11th. The company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.23. The company had revenue of $24.40 million during the quarter, compared to analysts’ expectations of $23.20 million. Bank7 had a return on equity of 18.36% and a net margin of 22.22%. During the same quarter in the prior year, the business posted $1.05 earnings per share. On average, equities research analysts predict that Bank7 Corp. will post 4.33 EPS for the current year.

Bank7 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Thursday, June 20th were issued a $0.21 dividend. The ex-dividend date of this dividend was Thursday, June 20th. This represents a $0.84 annualized dividend and a dividend yield of 2.10%. Bank7’s dividend payout ratio (DPR) is 24.63%.

Institutional Investors Weigh In On Bank7

Several hedge funds have recently modified their holdings of BSVN. Russell Investments Group Ltd. lifted its holdings in shares of Bank7 by 15.3% during the fourth quarter. Russell Investments Group Ltd. now owns 17,272 shares of the company’s stock valued at $472,000 after purchasing an additional 2,289 shares during the last quarter. AJOVista LLC purchased a new stake in shares of Bank7 during the fourth quarter valued at $65,000. Denali Advisors LLC lifted its holdings in shares of Bank7 by 60.3% during the first quarter. Denali Advisors LLC now owns 9,300 shares of the company’s stock valued at $262,000 after purchasing an additional 3,500 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Bank7 by 39.6% during the first quarter. BNP Paribas Financial Markets now owns 2,211 shares of the company’s stock valued at $62,000 after purchasing an additional 627 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of Bank7 by 7.8% during the first quarter. Empowered Funds LLC now owns 29,004 shares of the company’s stock valued at $818,000 after purchasing an additional 2,100 shares during the last quarter. 23.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their price target on Bank7 from $37.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, July 12th.

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.