Virginia National Bankshares Co. (NASDAQ:VABK - Get Free Report) Director Linda M. Houston purchased 1,000 shares of the firm's stock in a transaction that occurred on Thursday, April 25th. The shares were acquired at an average cost of $24.99 per share, for a total transaction of $24,990.00. Following the purchase, the director now owns 11,779 shares of the company's stock, valued at $294,357.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Virginia National Bankshares Price Performance
Virginia National Bankshares stock opened at $27.50 on Tuesday. The company has a market cap of $148.23 million, a price-to-earnings ratio of 8.65 and a beta of 0.37. The firm's fifty day moving average is $28.48 and its 200 day moving average is $31.86. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Virginia National Bankshares Co. has a 52-week low of $24.06 and a 52-week high of $43.08.
Virginia National Bankshares (NASDAQ:VABK - Get Free Report) last released its quarterly earnings results on Friday, January 26th. The company reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $12.89 million for the quarter. Virginia National Bankshares had a net margin of 21.09% and a return on equity of 11.91%.
Virginia National Bankshares Announces Dividend
Did You Get Your Free Bitcoin Yet?
From Crypto Swap Profits | Ad
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously.
Right now is a very important time to pay attention to what we are doing and what is happening.
If you wait... it will be too late.
This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
>> Register right here
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 14th were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend was Wednesday, March 13th. Virginia National Bankshares's payout ratio is 41.51%.
Institutional Investors Weigh In On Virginia National Bankshares
A number of hedge funds have recently bought and sold shares of VABK. Atlantic Union Bankshares Corp raised its stake in shares of Virginia National Bankshares by 5.9% in the first quarter. Atlantic Union Bankshares Corp now owns 14,902 shares of the company's stock valued at $449,000 after acquiring an additional 833 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in shares of Virginia National Bankshares in the fourth quarter valued at $133,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Virginia National Bankshares in the third quarter valued at $55,000. Tower Research Capital LLC TRC raised its stake in shares of Virginia National Bankshares by 104.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,419 shares of the company's stock valued at $49,000 after acquiring an additional 724 shares during the period. Finally, Barclays PLC purchased a new stake in shares of Virginia National Bankshares in the second quarter valued at $30,000. Hedge funds and other institutional investors own 37.39% of the company's stock.
Virginia National Bankshares Company Profile
(
Get Free Report)
Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.
Further Reading
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. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
