Emerald Mutual Fund Advisers Trust bought a new position in shares of Bank7 Corp (NASDAQ:BSVN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 499,510 shares of the company’s stock, valued at approximately $9,616,000.
BSVN stock opened at $18.35 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.06. Bank7 Corp has a fifty-two week low of $14.34 and a fifty-two week high of $20.74.
In related news, Chairman William B. Haines sold 251,300 shares of the stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $17.77, for a total value of $4,465,601.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO John T. Phillips sold 248,700 shares of the stock in a transaction dated Monday, September 24th. The stock was sold at an average price of $17.77, for a total transaction of $4,419,399.00. The disclosure for this sale can be found here. In the last ninety days, insiders purchased 31,500 shares of company stock worth $598,500 and sold 1,089,285 shares worth $19,509,545.
BSVN has been the topic of a number of research reports. Stephens set a $25.00 target price on shares of Bank7 and gave the stock a “buy” rating in a report on Monday, October 15th. Keefe, Bruyette & Woods initiated coverage on shares of Bank7 in a report on Monday, October 15th. They set an “outperform” rating on the stock. Finally, Sandler O’Neill initiated coverage on shares of Bank7 in a report on Tuesday, October 16th. They set a “buy” rating and a $22.00 target price on the stock.
Bank7 Corp. operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers in Oklahoma, Kansas, and Texas. The company accepts demand, savings, money market, and negotiable order of withdrawal accounts, as well as certificates of deposits.
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