Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
W. Marston Becker, a director at MVB Financial Corp (NASDAQ:MVBF), recently acquired 5,780 shares of the company’s common stock. The shares were purchased at an average price of $17.2674 each, amounting to a total transaction value of approximately $99,700. The purchase comes as the stock trades near its 52-week low of $16.81, with InvestingPro analysis indicating the stock is currently undervalued. Following this acquisition, Becker now holds a total of 60,059 shares in the company. This transaction was executed on March 12, 2025, as reported in a recent SEC filing. The company maintains a solid 3.89% dividend yield and has consistently paid dividends for 18 consecutive years. InvestingPro subscribers can access additional insights on insider trading patterns and 8 more key investment tips for MVBF.
In other recent news, MVB Financial has entered into a $17.6 million sale-leaseback transaction involving four of its retail banking branches. The deal, effective December 30, 2024, involves a master lease agreement allowing MVB Bank to lease back the properties for an initial term of 15 years, with options for extensions. This transaction is expected to generate a pre-tax gain of approximately $11.8 million for MVB Financial. The lease, structured as a triple net lease, requires MVB Bank to cover base rent and operational charges, with the first year’s rent set at $1.5 million.
Additionally, Keefe, Bruyette & Woods maintained an Outperform rating on MVB Financial but lowered the price target from $26.00 to $25.00. The firm cited changes in the regulatory landscape and MVB Financial’s strategic decisions to exit certain businesses as reasons for the adjustment. Despite these changes, the firm remains optimistic about the company’s future, particularly in 2025, citing potential improvements in revenue and profitability. MVB Financial’s investments in its payments platform and Victor, a technology-enabled logistics company, are already showing signs of increased revenue growth. The company’s current valuation at 80% of tangible book value continues to support the Outperform rating.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.