Insider Selling: FVCBankcorp, Inc. (NASDAQ:FVCB) Director Sells $55,655.04 in Stock

FVCBankcorp, Inc. (NASDAQ:FVCB) Director Phillip R. Wills III sold 4,848 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $11.48, for a total value of $55,655.04. Following the completion of the transaction, the director now directly owns 74,535 shares in the company, valued at $855,661.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

FVCBankcorp Price Performance

Shares of FVCB stock opened at $10.44 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. FVCBankcorp, Inc. has a 1-year low of $9.78 and a 1-year high of $15.39. The firm has a fifty day moving average of $11.07 and a two-hundred day moving average of $11.42. The firm has a market cap of $187.76 million, a P/E ratio of 43.50 and a beta of 0.24.

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

Institutional Trading of FVCBankcorp

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its position in FVCBankcorp by 69.2% during the 1st quarter. BNP Paribas Financial Markets now owns 7,707 shares of the company’s stock valued at $94,000 after purchasing an additional 3,152 shares during the period. Princeton Capital Management LLC acquired a new stake in FVCBankcorp in the second quarter worth $109,000. New York State Common Retirement Fund lifted its stake in FVCBankcorp by 1,504.6% in the fourth quarter. New York State Common Retirement Fund now owns 7,670 shares of the company’s stock valued at $109,000 after buying an additional 7,192 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of FVCBankcorp during the fourth quarter valued at $124,000. Finally, Burt Wealth Advisors bought a new position in shares of FVCBankcorp during the fourth quarter worth about $173,000. 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.