FVCBankcorp, Inc. (NASDAQ:FVCB) Director Sells $295,397.30 in Stock

FVCBankcorp, Inc. (NASDAQ:FVCBGet Free Report) Director Lawrence W. Schwartz sold 24,413 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $12.10, for a total transaction of $295,397.30. Following the sale, the director now directly owns 7,626 shares of the company’s stock, valued at approximately $92,274.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

FVCBankcorp Trading Up 1.0 %

Shares of FVCB stock opened at $11.95 on Thursday. The company’s 50-day moving average price is $12.28 and its 200-day moving average price is $12.25. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.33. The stock has a market cap of $212.83 million, a price-to-earnings ratio of 59.75 and a beta of 0.21. FVCBankcorp, Inc. has a twelve month low of $8.30 and a twelve month high of $15.39.

FVCBankcorp (NASDAQ:FVCBGet Free Report) last announced its earnings results on Tuesday, January 23rd. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. The company had revenue of $16.79 million during the quarter, compared to analyst estimates of $14.10 million. FVCBankcorp had a net margin of 4.10% and a return on equity of 8.07%. As a group, equities analysts predict that FVCBankcorp, Inc. will post 0.98 earnings per share for the current year.

Institutional Trading of FVCBankcorp

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in FVCBankcorp by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 800,611 shares of the company’s stock valued at $11,369,000 after purchasing an additional 8,041 shares during the last quarter. Barclays PLC increased its holdings in FVCBankcorp by 698.1% in the 4th quarter. Barclays PLC now owns 21,923 shares of the company’s stock valued at $311,000 after purchasing an additional 19,176 shares during the last quarter. Nuveen Asset Management LLC increased its holdings in FVCBankcorp by 22.4% in the 4th quarter. Nuveen Asset Management LLC now owns 45,449 shares of the company’s stock valued at $645,000 after purchasing an additional 8,309 shares during the last quarter. Northern Trust Corp increased its holdings in FVCBankcorp by 3.1% in the 4th quarter. Northern Trust Corp now owns 129,105 shares of the company’s stock valued at $1,833,000 after purchasing an additional 3,929 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in FVCBankcorp in the 4th quarter valued at approximately $158,000. Institutional investors and hedge funds own 41.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TheStreet cut shares of FVCBankcorp from a “b” rating to a “c+” rating in a research report on Wednesday, January 24th.

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FVCBankcorp Company Profile

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FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.

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Insider Buying and Selling by Quarter for FVCBankcorp (NASDAQ:FVCB)

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