Anyone interested in BV Financial, Inc. (NASDAQ:BVFL) should probably be aware that the Independent Director, Joseph Galli, recently divested US$121k worth of shares in the company, at an average price of US$20.13 each. On the bright side, that sale was only 4.3% of their holding, so we doubt it's very meaningful, on its own.

BV Financial Insider Transactions Over The Last Year

In fact, the recent sale by Independent Director Joseph Galli was not their only sale of BV Financial shares this year. They previously made an even bigger sale of -US$461k worth of shares at a price of US$16.17 per share. That means that an insider was selling shares at slightly below the current price (US$19.70). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 17% of Joseph Galli's holding.

Insiders in BV Financial didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. BV Financial insiders own about US$26m worth of shares. That equates to 17% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At BV Financial Tell Us?

An insider sold BV Financial shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

Of course BV Financial may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.