Jane Street Group LLC Sells 7,297 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB)

Jane Street Group LLC lessened its position in FVCBankcorp, Inc. (NASDAQ:FVCB) by 42.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 10,010 shares of the company’s stock after selling 7,297 shares during the period. Jane Street Group LLC’s holdings in FVCBankcorp were worth $131,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. State Street Corp lifted its stake in shares of FVCBankcorp by 2.0% in the third quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after buying an additional 5,974 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of FVCBankcorp by 7.9% in the second quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock worth $2,383,000 after buying an additional 16,073 shares in the last quarter. Bridgewater Advisors Inc. bought a new position in shares of FVCBankcorp in the third quarter worth approximately $2,246,000. Fourthstone LLC bought a new position in shares of FVCBankcorp in the third quarter worth approximately $1,371,000. Finally, Empowered Funds LLC lifted its stake in shares of FVCBankcorp by 5.2% in the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock worth $707,000 after buying an additional 2,680 shares in the last quarter. Institutional investors own 43.61% of the company’s stock.

Insider Activity

In other news, Chairman David W. Pijor sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction of $27,000.00. Following the completion of the transaction, the chairman now directly owns 466,566 shares of the company’s stock, valued at $6,298,641. The trade was a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 13.99% of the stock is owned by corporate insiders.

FVCBankcorp Trading Down 0.3 %

Shares of NASDAQ FVCB opened at $11.45 on Tuesday. The firm’s 50 day moving average price is $13.19 and its 200-day moving average price is $12.45. The company has a market cap of $208.44 million, a PE ratio of 42.41 and a beta of 0.28. FVCBankcorp, Inc. has a 52-week low of $9.78 and a 52-week high of $14.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00.

FVCBankcorp (NASDAQ:FVCB) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.29%. The firm had revenue of $30.05 million during the quarter, compared to analysts’ expectations of $15.07 million. On average, equities research analysts expect that FVCBankcorp, Inc. will post 0.92 EPS for the current fiscal year.

About FVCBankcorp

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.