Insider Selling: Fvcbankcorp (NASDAQ:FVCB) EVP Sells 1,000 Shares of Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) EVP Sharon Jackson sold 1,000 shares of Fvcbankcorp stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $15.49, for a total value of $15,490.00. Following the completion of the sale, the executive vice president owned 22,830 shares of the company’s stock, valued at $353,636.70. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Fvcbankcorp Stock Up 0.3%

Fvcbankcorp stock traded up $0.05 during midday trading on Thursday, hitting $15.76. 77,711 shares of the company’s stock were exchanged, compared to its average volume of 46,279. 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 company has a market cap of $284.94 million, a PE ratio of 13.02 and a beta of 0.39. The firm has a 50-day moving average of $14.77 and a two-hundred day moving average of $13.55. Fvcbankcorp, Inc. has a 12 month low of $9.49 and a 12 month high of $17.94.

Fvcbankcorp (NASDAQ:FVCB) last announced its quarterly earnings results on Tuesday, January 20th. The company reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The firm had revenue of $17.56 million during the quarter, compared to analysts’ expectations of $16.45 million. Fvcbankcorp had a net margin of 18.08% and a return on equity of 8.92%. As a group, analysts expect that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current fiscal year.

Fvcbankcorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, January 26th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, January 26th. Fvcbankcorp’s dividend payout ratio (DPR) is 19.83%.

Wall Street Analyst Weigh In

FVCB has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Fvcbankcorp in a research note on Monday, December 29th. Piper Sandler reiterated an “overweight” rating and issued a $18.00 target price (up from $16.00) on shares of Fvcbankcorp in a report on Thursday, February 12th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Fvcbankcorp presently has a consensus rating of “Hold” and a consensus target price of $18.00.

Hedge Funds Weigh In On Fvcbankcorp

Several hedge funds have recently made changes to their positions in the company. Fourthstone LLC lifted its stake in Fvcbankcorp by 258.4% during the 2nd 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 period. Ategra Capital Management LLC raised its holdings in shares of 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 last quarter. Westbourne Investments Inc. lifted its position in Fvcbankcorp by 205.5% during the third 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 period. Proficio Capital Partners LLC purchased a new stake in Fvcbankcorp in the third quarter valued at $678,000. Finally, Millennium Management LLC boosted its holdings in Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock valued at $941,000 after purchasing an additional 25,075 shares during the last quarter. 43.61% of the stock is owned by institutional investors and hedge funds.

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.