News coverage about Xenith Bankshares (NASDAQ:XBKS) has trended somewhat positive on Tuesday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xenith Bankshares earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 44.1869524053495 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

A number of analysts have recently weighed in on XBKS shares. ValuEngine lowered shares of Xenith Bankshares from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub lowered shares of Xenith Bankshares from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Zacks Investment Research raised shares of Xenith Bankshares from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $28.00.

Shares of Xenith Bankshares (XBKS) opened at 28.89 on Tuesday. Xenith Bankshares has a 1-year low of $21.10 and a 1-year high of $33.30. The company’s 50-day moving average is $28.75 and its 200 day moving average is $28.21.

Xenith Bankshares (NASDAQ:XBKS) last posted its quarterly earnings data on Wednesday, July 26th. The bank reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. Xenith Bankshares had a net margin of 50.54% and a return on equity of 14.07%. The firm had revenue of $28.53 million during the quarter, compared to analysts’ expectations of $27.86 million. On average, equities research analysts anticipate that Xenith Bankshares will post $0.32 EPS for the current fiscal year.

In other news, SVP Linda Majikes sold 2,200 shares of Xenith Bankshares stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $28.25, for a total transaction of $62,150.00. Following the completion of the sale, the senior vice president now owns 7,592 shares in the company, valued at approximately $214,474. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Ronald E. Davis purchased 3,190 shares of the stock in a transaction dated Friday, August 11th. The shares were acquired at an average price of $28.70 per share, with a total value of $91,553.00. Following the transaction, the executive vice president now owns 19,562 shares in the company, valued at $561,429.40. The disclosure for this purchase can be found here. 31.70% of the stock is owned by insiders.

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About Xenith Bankshares

Xenith Bankshares, Inc, formerly Hampton Roads Bankshares, Inc, is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank’s regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, DC, greater Richmond, Virginia, and greater Hampton Roads, Virginia.

Insider Buying and Selling by Quarter for Xenith Bankshares (NASDAQ:XBKS)

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