Fvcbankcorp (NASDAQ:FVCB) Director Sells $74,304.00 in Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 4,800 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $15.48, for a total transaction of $74,304.00. Following the transaction, the director owned 65,156 shares in the company, valued at approximately $1,008,614.88. The trade was a 6.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Fvcbankcorp Stock Performance

Shares of FVCB traded up $0.34 during trading hours on Wednesday, reaching $15.71. 60,639 shares of the company traded hands, compared to its average volume of 45,431. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.02 and a current ratio of 1.02. The stock’s fifty day moving average is $14.74 and its 200 day moving average is $13.53. Fvcbankcorp, Inc. has a 1-year low of $9.49 and a 1-year high of $17.94. The stock has a market cap of $284.04 million, a P/E ratio of 12.98 and a beta of 0.39.

Fvcbankcorp (NASDAQ:FVCB) last issued its quarterly earnings results on Tuesday, January 20th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31. The firm had revenue of $17.56 million for the quarter, compared to analyst estimates of $16.45 million. Fvcbankcorp had a return on equity of 8.92% and a net margin of 18.08%. Equities research analysts anticipate that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current fiscal year.

Fvcbankcorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, January 26th were given a dividend of $0.06 per share. The ex-dividend date was Monday, January 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.5%. Fvcbankcorp’s payout ratio is currently 19.83%.

Hedge Funds Weigh In On Fvcbankcorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC boosted its stake in Fvcbankcorp by 498.9% in the 3rd quarter. CWM LLC now owns 2,186 shares of the company’s stock valued at $28,000 after buying an additional 1,821 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Fvcbankcorp by 115.6% during the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock worth $38,000 after acquiring an additional 1,589 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Fvcbankcorp by 138.2% during the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock valued at $55,000 after acquiring an additional 2,468 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of Fvcbankcorp during the second quarter valued at $71,000. Finally, Invesco Ltd. acquired a new stake in shares of Fvcbankcorp in the 4th quarter valued at $140,000. Institutional investors own 43.61% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fvcbankcorp in a research report on Monday, December 29th. Piper Sandler restated an “overweight” rating and issued a $18.00 price objective (up from $16.00) on shares of Fvcbankcorp in a research note on Thursday, February 12th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Fvcbankcorp presently has an average rating of “Hold” and a consensus target price of $18.00.

Fvcbankcorp Company Profile

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.