Phillip Wills III Sells 10,200 Shares of Fvcbankcorp (NASDAQ:FVCB) Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 10,200 shares of Fvcbankcorp stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $15.44, for a total value of $157,488.00. Following the completion of the transaction, the director owned 69,956 shares in the company, valued at approximately $1,080,120.64. This represents a 12.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Fvcbankcorp Trading Up 0.3%

Shares of FVCB stock opened at $15.76 on Friday. The business has a 50-day moving average of $14.81 and a 200 day moving average of $13.56. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.02 and a quick ratio of 1.02. Fvcbankcorp, Inc. has a 1-year low of $9.49 and a 1-year high of $17.94. The stock has a market capitalization of $284.94 million, a PE ratio of 13.02 and a beta of 0.39.

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

Fvcbankcorp Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, January 26th. This represents a $0.24 annualized dividend and a yield of 1.5%. Fvcbankcorp’s dividend payout ratio is presently 19.83%.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Fvcbankcorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rhumbline Advisers lifted its holdings in Fvcbankcorp by 5.9% in the second quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock worth $298,000 after buying an additional 1,418 shares during the period. Russell Investments Group Ltd. raised its position in shares of Fvcbankcorp by 115.6% in the 3rd 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. CWM LLC lifted its stake in shares of 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 purchasing an additional 1,821 shares during the period. Barclays PLC lifted its stake in shares of Fvcbankcorp by 6.1% in the 4th quarter. Barclays PLC now owns 32,710 shares of the company’s stock valued at $455,000 after purchasing an additional 1,891 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Fvcbankcorp by 18.2% during the third quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock valued at $193,000 after purchasing an additional 2,299 shares in the last quarter. Hedge funds and other institutional investors own 43.61% of the company’s stock.

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.