Insider Selling: Fvcbankcorp (NASDAQ:FVCB) EVP Sells 1,500 Shares of Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) EVP Sharon Jackson sold 1,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $15.64, for a total transaction of $23,460.00. Following the completion of the transaction, the executive vice president directly owned 24,330 shares of the company’s stock, valued at $380,521.20. The trade was a 5.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Fvcbankcorp Stock Performance

Shares of Fvcbankcorp stock traded down $0.10 during midday trading on Monday, hitting $15.68. The company had a trading volume of 188,770 shares, compared to its average volume of 79,200. The stock has a market cap of $281.93 million, a price-to-earnings ratio of 12.25 and a beta of 0.36. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.07. The company has a fifty day simple moving average of $15.27 and a 200 day simple moving average of $14.23. Fvcbankcorp, Inc. has a 12-month low of $11.13 and a 12-month high of $18.41.

Fvcbankcorp (NASDAQ:FVCB) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.33%. The company had revenue of $0.88 million during the quarter, compared to analyst estimates of $18.24 million. As a group, analysts predict that Fvcbankcorp, Inc. will post 1.42 earnings per share for the current fiscal year.

Fvcbankcorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 18th. Shareholders of record on Monday, April 27th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, April 27th. This represents a $0.28 dividend on an annualized basis and a yield of 1.8%. This is a boost from Fvcbankcorp’s previous quarterly dividend of $0.06. Fvcbankcorp’s payout ratio is 21.88%.

Analyst Ratings Changes

A number of equities analysts have issued reports on FVCB shares. Weiss Ratings raised shares of Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 10th. Piper Sandler reissued an “overweight” rating and set a $19.00 price target (up from $18.00) on shares of Fvcbankcorp in a research report on Monday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Hedge Funds Weigh In On Fvcbankcorp

Institutional investors have recently made changes to their positions in the company. CWM LLC increased its holdings in shares of Fvcbankcorp by 498.9% during the 3rd quarter. CWM LLC now owns 2,186 shares of the company’s stock valued at $28,000 after purchasing an additional 1,821 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Fvcbankcorp by 115.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after purchasing an additional 1,589 shares in the last quarter. BNP Paribas Financial Markets increased its holdings 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 valued at $55,000 after purchasing an additional 2,468 shares in the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Fvcbankcorp during the 2nd quarter valued at approximately $71,000. Finally, Invesco Ltd. purchased a new position in shares of Fvcbankcorp during the 4th quarter valued at approximately $140,000. 43.61% of the stock is owned by hedge funds and other 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.