Insider Selling: FVCBankcorp, Inc. (NASDAQ:FVCB) Chairman Sells 2,000 Shares of Stock

FVCBankcorp, Inc. (NASDAQ:FVCB) Chairman David W. Pijor sold 2,000 shares of the business’s stock in a transaction dated 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 sale, the chairman now directly owns 466,566 shares of the company’s stock, valued at $6,298,641. This represents a 0.43 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

FVCBankcorp Price Performance

FVCB stock opened at $13.79 on Friday. The company’s 50-day moving average price is $13.11 and its two-hundred day moving average price is $11.91. FVCBankcorp, Inc. has a 12 month low of $9.78 and a 12 month high of $15.39. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09. The firm has a market cap of $250.98 million, a P/E ratio of 51.07 and a beta of 0.22.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. FVCBankcorp had a return on equity of 7.37% and a net margin of 4.95%. The business had revenue of $30.05 million for the quarter, compared to analyst estimates of $15.07 million. On average, analysts anticipate that FVCBankcorp, Inc. will post 0.92 earnings per share for the current fiscal year.

Institutional Investors Weigh In On FVCBankcorp

Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets raised 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 worth $94,000 after purchasing an additional 3,152 shares during the last quarter. Princeton Capital Management LLC acquired a new stake in FVCBankcorp during the 2nd quarter worth about $109,000. Chevy Chase Trust Holdings LLC raised its position in shares of FVCBankcorp by 45.8% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 19,687 shares of the company’s stock worth $215,000 after acquiring an additional 6,187 shares in the last quarter. Barclays PLC lifted its stake in shares of FVCBankcorp by 286.4% in the 3rd quarter. Barclays PLC now owns 21,529 shares of the company’s stock valued at $281,000 after purchasing an additional 15,957 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of FVCBankcorp by 17.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock valued at $577,000 after purchasing an additional 7,709 shares in the last quarter. 43.61% of the stock is owned by institutional investors.

FVCBankcorp Company Profile

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.