Scott Laughlin Sells 8,100 Shares of Fvcbankcorp (NASDAQ:FVCB) Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Scott Laughlin sold 8,100 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $18.55, for a total transaction of $150,255.00. Following the sale, the director owned 174,421 shares of the company’s stock, valued at approximately $3,235,509.55. This represents a 4.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Fvcbankcorp Stock Performance

FVCB stock opened at $18.41 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.03 and a quick ratio of 1.03. Fvcbankcorp, Inc. has a 1 year low of $11.83 and a 1 year high of $19.11. The company has a market cap of $331.93 million, a P/E ratio of 12.96 and a beta of 0.33. The stock’s fifty day moving average price is $17.96 and its 200-day moving average price is $16.40.

Fvcbankcorp (NASDAQ:FVCB) last posted its earnings results on Tuesday, July 21st. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The company had revenue of $21.30 million for the quarter, compared to the consensus estimate of $19.32 million. Fvcbankcorp had a return on equity of 9.80% and a net margin of 20.45%. On average, equities analysts forecast that Fvcbankcorp, Inc. will post 1.5 earnings per share for the current year.

Fvcbankcorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, July 27th were given a $0.07 dividend. The ex-dividend date was Monday, July 27th. This represents a $0.28 annualized dividend and a yield of 1.5%. Fvcbankcorp’s dividend payout ratio (DPR) is presently 19.72%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its position in shares of Fvcbankcorp by 37.4% during the 1st quarter. Renaissance Technologies LLC now owns 116,475 shares of the company’s stock valued at $1,769,000 after buying an additional 31,700 shares in the last quarter. Bridgewater Advisors Inc. purchased a new stake in Fvcbankcorp during the second quarter valued at approximately $808,000. Ategra Capital Management LLC bought a new stake in shares of Fvcbankcorp in the 2nd quarter valued at approximately $7,643,000. Proficio Capital Partners LLC purchased a new position in shares of Fvcbankcorp in the 2nd quarter worth approximately $917,000. Finally, Odyssean LLC bought a new position in shares of Fvcbankcorp during the 2nd quarter valued at approximately $436,000. 43.61% of the stock is 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.