Basswood Capital Management L.L.C. Acquires Shares of 190,680 Atlantic Union Bankshares Co. $AUBAP

Basswood Capital Management L.L.C. acquired a new position in shares of Atlantic Union Bankshares Co. (NASDAQ:AUBAP) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 190,680 shares of the company’s stock, valued at approximately $8,068,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Bontempo Ohly Capital Mgmt LLC acquired a new stake in shares of Atlantic Union Bankshares in the second quarter valued at about $1,587,000. Freestone Grove Partners LP purchased a new stake in shares of Atlantic Union Bankshares during the 2nd quarter valued at about $1,245,000. Man Group plc acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $2,054,000. Jupiter Topco LLC acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $2,772,000. Finally, Hsbc Holdings PLC acquired a new position in Atlantic Union Bankshares during the 2nd quarter worth approximately $4,335,000.

Atlantic Union Bankshares Stock Performance

NASDAQ AUBAP opened at $24.43 on Thursday. Atlantic Union Bankshares Co. has a fifty-two week low of $22.80 and a fifty-two week high of $27.96. The business has a 50 day moving average price of $24.53 and a two-hundred day moving average price of $24.64.

About Atlantic Union Bankshares

Atlantic Union Bankshares Corporation is a bank holding company and the parent of Atlantic Union Bank, a regional financial institution serving primarily Virginia and select markets in North Carolina, Maryland and the District of Columbia. The company offers a full suite of banking services to individuals, small- and mid-sized businesses, and commercial clients, including deposit accounts, consumer and commercial lending, treasury management, mortgage financing and wealth management services. Atlantic Union Bank emphasizes a relationship-driven approach, combining local decision-making authority with digital banking capabilities to support day-to-day financial needs and long-term growth objectives.

Founded on the heritage of Union Bank & Trust, which traces its origins to Winchester, Virginia in the early 20th century, Atlantic Union Bankshares emerged from the merger of Union Bankshares and Xenith Bank in 2018.