( CEO Thomas L. Travis has sold 4,220 Bank7 shares in a deal that took place on Monday, 15th May. The stock was bought at a price of $23.00 on average, and sold for $97,060.00. After the sale was completed, the chief executive now owns directly 332,577 of the company's shares, valued at $7.649,271. The SEC website
Bank7 Stock Up 0.0%
Trading on Monday saw a $0.01 increase, bringing the price to $22.99. 30 415 shares were traded versus an average of 15 974. Bank7 Corp.'s 1 year low is $21.08 while its 1 year high is $30.86. The company's 50-day average price is $24.28. Its 200-day average price is $26.16. A quarterly dividend was also paid by the company on Friday, 7th April. Dividends were paid to shareholders who had their shares in the company's records on March 22nd. This dividend became payable on Tuesday, March 21st. This dividend represents an annualized $0.64 dividend with a yield of 2.78 percent. Bank7 has a dividend payout ratio of 17.88%.
Bank7 Institutional Trading
Recently, institutional investors made some changes to their stock positions. Manufacturers Life Insurance Company increased its Bank7 position by 40.6% in the fourth quarter. After purchasing 94,042 additional shares, the Manufacturers Life Insurance Company owns 325.940 shares worth $8.344,000. Wellington Management Group LLP increased its holdings in Bank7 during the first quarter by 38.4%. Wellington Management Group LLP owns 174.700 shares in the company, worth $4.289,000, after buying 48.500 additional shares. Dimensional Fund Advisors LP increased its holdings in Bank7 by 85% during the third quarter. Dimensional Fund Advisors LP owns 32 790 shares worth $726,000, after buying an additional 15,070 during the period. Acadian Asset Management LLC increased its holdings in Bank7 during the first quarter by 120.5%. Acadian Asset Management LLC owns 24,006 of the company's shares worth $565,000, after buying an additional 13,121 during the period. Man Group plc also acquired a position in Bank7 worth $332,000 in the fourth quarter. Stocks owned by hedge fund and institutional investors make up 27.13%.
Wall Street analysts weigh in
Piper Sandler also lowered its target price for shares of Bank7 in a research report on Monday, 1st May, from $36.00 to $11.00.
Bank7 Company Profile
Bank7 Corp., a bank holding company that provides banking solutions, is a subsidiary of Bank7 Corp. William Brad Haines founded the company in 2004. It is headquartered in Oklahoma City.
MarketBeat.com offers a FREE daily email newsletter