Phillip Wills III Sells 11,462 Shares of Fvcbankcorp (NASDAQ:FVCB) Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 11,462 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $14.81, for a total value of $169,752.22. Following the sale, the director directly owned 53,694 shares of the company’s stock, valued at $795,208.14. The trade was a 17.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Fvcbankcorp Trading Up 0.3%

NASDAQ FVCB opened at $14.65 on Friday. The firm’s 50-day moving average is $15.16 and its two-hundred day moving average is $13.75. Fvcbankcorp, Inc. has a 12 month low of $9.49 and a 12 month high of $17.94. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market capitalization of $262.86 million, a P/E ratio of 12.11 and a beta of 0.39.

Fvcbankcorp (NASDAQ:FVCB) last announced its quarterly earnings results on Tuesday, January 20th. The company reported $0.31 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.31. Fvcbankcorp had a net margin of 18.08% and a return on equity of 8.92%. The business had revenue of $18.33 million during the quarter, compared to analysts’ expectations of $16.45 million. On average, sell-side analysts anticipate that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current year.

Fvcbankcorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, January 26th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.6%. Fvcbankcorp’s dividend payout ratio (DPR) is presently 19.83%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on FVCB shares. Piper Sandler reissued an “overweight” rating and issued a $18.00 target price (up from $16.00) on shares of Fvcbankcorp in a research report on Thursday, February 12th. Weiss Ratings raised Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $18.00.

Institutional Investors Weigh In On Fvcbankcorp

Several institutional investors have recently added to or reduced their stakes in the business. Westbourne Investments Inc. grew its position 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 buying an additional 142,267 shares during the last quarter. Fourthstone LLC lifted its position in Fvcbankcorp by 258.4% in the second quarter. Fourthstone LLC now owns 734,650 shares of the company’s stock valued at $8,669,000 after acquiring an additional 529,675 shares during the last quarter. Savant Capital LLC lifted its position in Fvcbankcorp by 2.4% in the third quarter. Savant Capital LLC now owns 159,010 shares of the company’s stock valued at $2,062,000 after acquiring an additional 3,774 shares during the last quarter. CWM LLC boosted its stake in Fvcbankcorp by 498.9% in the third quarter. CWM LLC now owns 2,186 shares of the company’s stock valued at $28,000 after acquiring an additional 1,821 shares in the last quarter. Finally, Black Maple Capital Management LP acquired a new position in Fvcbankcorp in the second quarter valued at $283,000. Hedge funds and other institutional investors own 43.61% of the company’s stock.

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.