Fvcbankcorp, Inc. (NASDAQ:FVCB – Get Free Report) EVP Sharon Jackson sold 1,500 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $15.64, for a total value of $23,460.00. Following the completion of the transaction, the executive vice president directly owned 24,330 shares of the company’s stock, valued at approximately $380,521.20. This trade represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Fvcbankcorp Stock Up 0.7%
FVCB opened at $15.86 on Thursday. The firm has a market cap of $285.16 million, a P/E ratio of 12.39 and a beta of 0.36. The business’s fifty day simple moving average is $15.28 and its 200 day simple moving average is $14.28. Fvcbankcorp, Inc. has a 52 week low of $11.13 and a 52 week high of $18.41. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.07.
Fvcbankcorp (NASDAQ:FVCB – Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The firm had revenue of $18.29 million during the quarter, compared to the consensus estimate of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.33%. As a group, equities research analysts anticipate that Fvcbankcorp, Inc. will post 1.47 EPS for the current fiscal year.
Fvcbankcorp Increases Dividend
Analyst Upgrades and Downgrades
FVCB has been the subject of several recent analyst reports. Piper Sandler reaffirmed an “overweight” rating and issued a $19.00 target price (up from $18.00) on shares of Fvcbankcorp in a research note on Monday. Weiss Ratings raised Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.00.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of FVCB. Fourthstone LLC boosted its position in shares of Fvcbankcorp by 19.6% in the fourth quarter. Fourthstone LLC now owns 1,088,952 shares of the company’s stock worth $15,147,000 after acquiring an additional 178,132 shares during the last quarter. Alliancebernstein L.P. increased its position in Fvcbankcorp by 1.1% during the third quarter. Alliancebernstein L.P. now owns 988,020 shares of the company’s stock worth $12,815,000 after purchasing an additional 10,690 shares during the last quarter. Ategra Capital Management LLC raised its stake in Fvcbankcorp by 211.3% during the third quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock worth $4,781,000 after purchasing an additional 250,232 shares during the period. Dimensional Fund Advisors LP raised its stake in Fvcbankcorp by 4.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 283,617 shares of the company’s stock worth $3,945,000 after purchasing an additional 12,627 shares during the period. Finally, Westbourne Investments Inc. boosted its holdings in shares of Fvcbankcorp by 205.5% in the 3rd quarter. Westbourne Investments Inc. now owns 211,510 shares of the company’s stock valued at $2,585,000 after purchasing an additional 142,267 shares during the last quarter. 43.61% of the stock is currently owned by hedge funds and other institutional investors.
About Fvcbankcorp
Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.
The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.
Further Reading
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