Key Points
- Director Phillip Wills III sold 10,200 shares on Feb. 24 at an average price of $15.44 for $157,488, trimming his stake by 12.73% to 69,956 shares; the trade was disclosed in an SEC filing.
- Recent results and market snapshot: FVCB traded near $15.75 (up 0.3%), has a market cap of about $285M and a P/E of 13.02, reported $0.31 EPS last quarter (meeting estimates), and pays a $0.06 quarterly dividend (≈1.5% yield).
- Analyst sentiment: Piper Sandler reiterated an "overweight" rating and raised its $18 price target, while the consensus analyst rating remains a "Hold" with a $18 target.
Fvcbankcorp, Inc. (NASDAQ:FVCB - Get Free Report) Director Phillip Wills III sold 4,800 shares of Fvcbankcorp stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $15.48, for a total transaction of $74,304.00. Following the sale, the director directly owned 65,156 shares in the company, valued at $1,008,614.88. This trade represents a 6.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Fvcbankcorp Price Performance
Fvcbankcorp stock traded up $0.08 during mid-day trading on Thursday, reaching $15.79. The company had a trading volume of 20,652 shares, compared to its average volume of 44,732. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.08. The company has a market cap of $285.39 million, a P/E ratio of 13.05 and a beta of 0.39. Fvcbankcorp, Inc. has a fifty-two week low of $9.49 and a fifty-two week high of $17.94. The business has a fifty day simple moving average of $14.77 and a 200 day simple moving average of $13.55.
Fvcbankcorp (NASDAQ:FVCB - Get Free Report) last posted its quarterly earnings data on Tuesday, January 20th. The company reported $0.31 EPS for the quarter, hitting analysts' consensus estimates of $0.31. The company 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%. On average, equities research analysts predict that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current year.
Fvcbankcorp Announces Dividend
The business also recently announced 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. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, January 26th. Fvcbankcorp's payout ratio is presently 19.83%.
Hedge Funds Weigh In On Fvcbankcorp
Several hedge funds have recently bought and sold shares of FVCB. CWM LLC increased its stake in shares of Fvcbankcorp by 498.9% during the third quarter. CWM LLC now owns 2,186 shares of the company's stock valued at $28,000 after buying an additional 1,821 shares during the period. Russell Investments Group Ltd. boosted 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 purchasing an additional 1,589 shares in the last quarter. BNP Paribas Financial Markets increased its position in Fvcbankcorp by 138.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company's stock valued at $55,000 after buying an additional 2,468 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in Fvcbankcorp in the second quarter worth about $71,000. Finally, Invesco Ltd. purchased a new stake in shares of Fvcbankcorp during the fourth quarter worth about $140,000. Institutional investors own 43.61% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on FVCB shares. Piper Sandler reiterated an "overweight" rating and issued a $18.00 target price (up from $16.00) on shares of Fvcbankcorp in a research note on Thursday, February 12th. Weiss Ratings restated a "hold (c)" rating on shares of Fvcbankcorp in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $18.00.
Get Our Latest Analysis on FVCB
Fvcbankcorp Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
