Insider Selling: FVCBankcorp, Inc. (NASDAQ:FVCB) Director Sells $11,397.58 in Stock

FVCBankcorp, Inc. (NASDAQ:FVCB) Director Phillip R. Wills III sold 914 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $12.47, for a total value of $11,397.58. Following the completion of the sale, the director now directly owns 79,383 shares of the company’s stock, valued at approximately $989,906.01. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

FVCBankcorp Stock Performance

FVCB stock opened at $10.44 on Thursday. The firm has a 50 day moving average of $11.07 and a two-hundred day moving average of $11.42. FVCBankcorp, Inc. has a 12 month low of $9.78 and a 12 month high of $15.39. The company has a market capitalization of $187.76 million, a price-to-earnings ratio of 43.50 and a beta of 0.24. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09.

FVCBankcorp (NASDAQ:FVCB) last posted its earnings results on Thursday, July 25th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. FVCBankcorp had a net margin of 4.44% and a return on equity of 7.25%. The firm had revenue of $28.84 million for the quarter, compared to the consensus estimate of $14.08 million. As a group, equities analysts anticipate that FVCBankcorp, Inc. will post 0.9 EPS for the current fiscal year.

Institutional Trading of FVCBankcorp

A number of institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets raised its holdings in FVCBankcorp by 69.2% in the 1st quarter. BNP Paribas Financial Markets now owns 7,707 shares of the company’s stock worth $94,000 after acquiring an additional 3,152 shares during the period. Empowered Funds LLC grew its position in shares of FVCBankcorp by 7.9% in the first quarter. Empowered Funds LLC now owns 47,925 shares of the company’s stock valued at $584,000 after purchasing an additional 3,500 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its stake in shares of FVCBankcorp by 45.8% in the second quarter. Chevy Chase Trust Holdings LLC now owns 19,687 shares of the company’s stock worth $215,000 after purchasing an additional 6,187 shares during the period. New York State Common Retirement Fund boosted its stake in FVCBankcorp by 1,504.6% during the 4th quarter. New York State Common Retirement Fund now owns 7,670 shares of the company’s stock valued at $109,000 after purchasing an additional 7,192 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in FVCBankcorp by 17.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock valued at $577,000 after buying an additional 7,709 shares during the last quarter. 43.61% of the stock is currently owned by institutional investors and hedge funds.

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.