Fvcbankcorp (NASDAQ:FVCB) EVP Sharon Jackson Sells 1,400 Shares

Fvcbankcorp, Inc. (NASDAQ:FVCB) EVP Sharon Jackson sold 1,400 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $18.62, for a total transaction of $26,068.00. Following the completion of the sale, the executive vice president owned 22,424 shares in the company, valued at $417,534.88. The trade was a 5.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Fvcbankcorp Price Performance

NASDAQ:FVCB traded down $0.13 during trading hours on Tuesday, reaching $18.41. 40,878 shares of the company’s stock were exchanged, compared to its average volume of 126,391. The company has a market capitalization of $331.93 million, a P/E ratio of 12.96 and a beta of 0.33. Fvcbankcorp, Inc. has a 12 month low of $11.83 and a 12 month high of $19.11. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. The business’s 50-day simple moving average is $17.92 and its two-hundred day simple moving average is $16.38.

Fvcbankcorp (NASDAQ:FVCB) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.06. Fvcbankcorp had a net margin of 20.45% and a return on equity of 9.91%. The firm had revenue of $21.30 million for the quarter, compared to analyst estimates of $19.32 million. Sell-side analysts expect that Fvcbankcorp, Inc. will post 1.5 EPS for the current fiscal year.

Fvcbankcorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, July 27th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. Fvcbankcorp’s payout ratio is 19.72%.

Analyst Ratings Changes

FVCB has been the topic of a number of analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Fvcbankcorp in a research note on Friday, June 26th. Piper Sandler upped their price objective on shares of Fvcbankcorp from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.00.

Hedge Funds Weigh In On Fvcbankcorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Fvcbankcorp in the second quarter worth $19,064,000. Ategra Capital Management LLC purchased a new position in shares of Fvcbankcorp during the second quarter valued at $7,643,000. Algert Global LLC acquired a new position in Fvcbankcorp during the second quarter valued at $3,809,000. Fourthstone LLC raised its position in Fvcbankcorp by 19.6% during the fourth quarter. Fourthstone LLC now owns 1,088,952 shares of the company’s stock valued at $15,147,000 after buying an additional 178,132 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Fvcbankcorp in the 2nd quarter worth about $1,697,000. 43.61% of the stock is currently owned by hedge funds and other institutional investors.

Fvcbankcorp Company Profile

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.