Fvcbankcorp (NASDAQ:FVCB) Director Sells $157,488.00 in Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 10,200 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $15.44, for a total value of $157,488.00. Following the transaction, the director owned 69,956 shares of the company’s stock, valued at approximately $1,080,120.64. This trade represents a 12.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Fvcbankcorp Stock Performance

Shares of Fvcbankcorp stock opened at $15.44 on Friday. 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 firm has a market cap of $279.08 million, a price-to-earnings ratio of 12.76 and a beta of 0.39. The stock’s 50-day moving average is $14.84 and its 200-day moving average is $13.58. Fvcbankcorp, Inc. has a one year low of $9.49 and a one year high of $17.94.

Fvcbankcorp (NASDAQ:FVCB) last posted its quarterly earnings data on Tuesday, January 20th. The company reported $0.31 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.31. Fvcbankcorp had a return on equity of 8.92% and a net margin of 18.08%.The business had revenue of $17.56 million during the quarter, compared to the consensus estimate of $16.45 million. Equities analysts predict that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current fiscal year.

Fvcbankcorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, January 26th were issued a $0.06 dividend. The ex-dividend date was Monday, January 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.6%. Fvcbankcorp’s dividend payout ratio (DPR) is 19.83%.

Hedge Funds Weigh In On Fvcbankcorp

Institutional investors have recently added to or reduced their stakes in the company. CWM LLC raised its position in Fvcbankcorp by 498.9% during the third quarter. CWM LLC now owns 2,186 shares of the company’s stock worth $28,000 after acquiring an additional 1,821 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Fvcbankcorp by 115.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after acquiring an additional 1,589 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Fvcbankcorp by 138.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock worth $55,000 after purchasing an additional 2,468 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of Fvcbankcorp in the 2nd quarter valued at about $71,000. Finally, Invesco Ltd. bought a new stake in shares of Fvcbankcorp in the 4th quarter valued at about $140,000. 43.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FVCB shares. Weiss Ratings restated a “hold (c)” rating on shares of Fvcbankcorp in a report on Monday, December 29th. Piper Sandler reissued an “overweight” rating and set a $18.00 price target (up from $16.00) on shares of Fvcbankcorp in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $18.00.

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.