Andrew J. Levinson, the Regional President of Tulsa at Bank7 Corp. (NASDAQ:BSVN), has recently sold shares of the company's stock totaling approximately $299,869. The transactions, filed on July 18, included multiple sales at prices that ranged from $36.00 to $37.0176 per share.
The sales took place on July 16 and 17, with Levinson selling 2,480 shares at an average price of $37.0176 and 742 shares at the same average price on the first day. On the following day, he continued by selling 3,317 shares at a weighted average price of $36.0127 and concluded with smaller transactions totaling 1,403 shares at an average of $36.00 per share.
In addition to the sales, Levinson also engaged in stock acquisitions on the same dates. He acquired 2,480 shares at $16.67 each, 742 shares at $18.49 each on July 16, and continued on July 17 with the purchase of 3,317 shares at $16.67 each and 1,289 shares at $18.49 each. The total value of these acquisitions amounted to $222,170, with prices ranging from $16.67 to $18.49 per share.
Following these transactions, Levinson's ownership in Bank7 Corp. includes a mix of direct holdings and restricted stock units, which are subject to vesting schedules as detailed in the footnotes of the SEC filing. The restricted stock units include grants that will vest on various dates ranging from 2025 to 2031.
Investors and followers of Bank7 Corp. may find this information relevant as insider transactions, such as those conducted by Levinson, can provide insights into the company's performance and executives' perspectives on the stock's value.
Bank7 Corp. has not issued any statement regarding these transactions, and the details provided are strictly based on the SEC filing.
InvestingPro Insights
In light of the recent insider transactions at Bank7 Corp. (NASDAQ:BSVN), investors may be keen to understand the broader financial health and performance trends of the company. As Andrew J. Levinson, the Regional President of Tulsa, engages in both the sale and acquisition of shares, here are some key metrics and insights from InvestingPro that could shed light on the current state of Bank7 Corp.
The company currently holds a market capitalization of $335.42 million, which is indicative of its size and market value. Its price-to-earnings (P/E) ratio stands at 10.61, suggesting that the stock is potentially undervalued compared to the earnings it generates. This is further supported by the adjusted P/E ratio for the last twelve months as of Q2 2024, which is closely aligned at 10.57.
Bank7 Corp. has demonstrated a notable dividend growth of 31.25% during the same period, aligning with one of the InvestingPro Tips that highlights the company's three-year streak of raising its dividend. This could be attractive to income-focused investors looking for growing dividend payouts. Moreover, the stock has experienced a significant price total return of 55.34% over the past year, indicating strong performance for shareholders.
While analysts have recently revised their earnings expectations downwards for the upcoming period, the company has shown robust returns over various time frames, including the last week, month, three months, and six months. This volatility in stock price movements, as noted in another InvestingPro Tip, may present opportunities for traders who can capitalize on such swings.
For investors interested in a more in-depth analysis, there are additional InvestingPro Tips available that could provide further insights into Bank7 Corp.'s financials and projections. Remember to use coupon code PRONEWS24 to get up to 10% off a yearly Pro and a yearly or biyearly Pro+ subscription to access these valuable tips.
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