Key Points
- EVP Sharon Jackson sold 1,000 shares on Feb. 25 at an average price of $15.49 for $15,490, lowering her stake by 4.20% to 22,830 shares valued at about $353,637 (SEC filing).
- Shares recently traded at $15.33 (down $0.43) with a market cap of $277.1M and a P/E of 12.74; the company reported quarterly EPS of $0.31 (in line with estimates) and revenue of $17.56M, slightly above expectations.
- The company pays a quarterly dividend of $0.06 (annualized $0.24, yield 1.6%), has seen sizable institutional inflows from firms like Fourthstone and Ategra, and carries an analyst consensus of "Hold" with a $18 average target (Piper Sandler: Overweight, $18).
Fvcbankcorp, Inc. (NASDAQ:FVCB - Get Free Report) EVP Sharon Jackson sold 1,000 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was 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 directly owned 22,830 shares of the company's stock, valued at $353,636.70. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Fvcbankcorp Stock Performance
Shares of NASDAQ FVCB traded down $0.43 during trading on Friday, reaching $15.33. 2,031 shares of the stock traded hands, compared to its average volume of 45,098. 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 $277.09 million, a P/E ratio of 12.74 and a beta of 0.39. Fvcbankcorp, Inc. has a 52-week low of $9.49 and a 52-week high of $17.94. The company has a 50-day moving average of $14.81 and a 200-day moving average of $13.56.
Fvcbankcorp (NASDAQ:FVCB - Get Free Report) last announced its quarterly earnings data on Tuesday, January 20th. The company reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The company had revenue of $17.56 million during 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%. Analysts forecast that Fvcbankcorp, Inc. will post 1.06 EPS for the current fiscal year.
Fvcbankcorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, January 26th were issued a $0.06 dividend. The ex-dividend date of this dividend was Monday, January 26th. This represents a $0.24 annualized dividend and a yield of 1.6%. Fvcbankcorp's dividend payout ratio (DPR) is 19.83%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. 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 purchasing an additional 529,675 shares during the last quarter. Ategra Capital Management LLC increased its position in Fvcbankcorp by 211.3% during the 3rd quarter. Ategra Capital Management LLC now owns 368,633 shares of the company's stock valued at $4,781,000 after purchasing an additional 250,232 shares during the period. Westbourne Investments Inc. lifted 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 worth $2,585,000 after purchasing an additional 142,267 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Fvcbankcorp during the third quarter valued at about $678,000. Finally, Millennium Management LLC raised its stake in Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company's stock worth $941,000 after buying an additional 25,075 shares in the last quarter. Hedge funds and other institutional investors own 43.61% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on the company. Weiss Ratings restated a "hold (c)" rating on shares of Fvcbankcorp in a research report 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 research note on Thursday, February 12th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $18.00.
Check Out Our Latest Analysis on Fvcbankcorp
About Fvcbankcorp
(
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.
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