Fvcbankcorp (NASDAQ:FVCB) Director Phillip Wills III Sells 11,462 Shares

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 11,462 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $14.81, for a total transaction of $169,752.22. Following the transaction, the director directly owned 53,694 shares in the company, valued at $795,208.14. This trade represents a 17.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Fvcbankcorp Stock Performance

NASDAQ FVCB traded down $0.30 during midday trading on Thursday, hitting $14.47. The company had a trading volume of 1,655 shares, compared to its average volume of 48,927. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.08. The stock has a market cap of $259.59 million, a price-to-earnings ratio of 11.96 and a beta of 0.39. The firm has a fifty day simple moving average of $15.13 and a two-hundred day simple moving average of $13.74. Fvcbankcorp, Inc. has a fifty-two week low of $9.49 and a fifty-two week high of $17.94.

Fvcbankcorp (NASDAQ:FVCB) last announced its quarterly earnings data on Tuesday, January 20th. The company reported $0.31 EPS for the quarter, meeting analysts’ consensus estimates of $0.31. Fvcbankcorp had a net margin of 18.08% and a return on equity of 8.92%. The business had revenue of $18.33 million during the quarter, compared to analyst estimates of $16.45 million. Equities analysts forecast that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current fiscal year.

Fvcbankcorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, January 26th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, January 26th. Fvcbankcorp’s dividend payout ratio is 19.83%.

Analysts Set New Price Targets

FVCB has been the subject of a number of recent analyst reports. Piper Sandler reiterated an “overweight” rating and set a $18.00 target price (up from $16.00) on shares of Fvcbankcorp in a research report on Thursday, February 12th. Weiss Ratings raised shares of Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 10th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fvcbankcorp currently has an average rating of “Moderate Buy” and a consensus price target of $18.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FVCB. Fourthstone LLC increased its stake in shares of Fvcbankcorp by 258.4% in the 2nd quarter. Fourthstone LLC now owns 734,650 shares of the company’s stock valued at $8,669,000 after buying an additional 529,675 shares during the period. Ategra Capital Management LLC boosted its holdings in Fvcbankcorp by 211.3% in the third quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock valued at $4,781,000 after acquiring an additional 250,232 shares during the last quarter. Westbourne Investments Inc. boosted its holdings in Fvcbankcorp by 205.5% in the third quarter. Westbourne Investments Inc. now owns 211,510 shares of the company’s stock valued at $2,585,000 after acquiring an additional 142,267 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Fvcbankcorp in the third quarter worth about $678,000. Finally, Millennium Management LLC raised its holdings in Fvcbankcorp by 52.8% during the 3rd quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock worth $941,000 after purchasing an additional 25,075 shares during the last quarter. 43.61% of the stock is currently owned by institutional investors.

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.