Fvcbankcorp (NASDAQ:FVCB) Director Phillip Wills III Sells 4,800 Shares

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 4,800 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $15.48, for a total transaction of $74,304.00. Following the transaction, the director owned 65,156 shares in the company, valued at $1,008,614.88. This represents a 6.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Fvcbankcorp Stock Up 2.2%

NASDAQ:FVCB traded up $0.34 during trading hours on Wednesday, reaching $15.71. The company’s stock had a trading volume of 60,639 shares, compared to its average volume of 45,431. The company has a market cap of $284.04 million, a price-to-earnings ratio of 12.98 and a beta of 0.39. Fvcbankcorp, Inc. has a one year low of $9.49 and a one year high of $17.94. The business’s 50-day moving average is $14.74 and its 200-day moving average is $13.53. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.02 and a quick ratio of 1.02.

Fvcbankcorp (NASDAQ:FVCB) last posted its earnings results on Tuesday, January 20th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. Fvcbankcorp had a return on equity of 8.92% and a net margin of 18.08%.The company had revenue of $17.56 million for the quarter, compared to analyst estimates of $16.45 million. Equities research analysts predict that Fvcbankcorp, Inc. will post 1.06 EPS for the current year.

Fvcbankcorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, January 26th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, January 26th. Fvcbankcorp’s dividend payout ratio (DPR) is presently 19.83%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fvcbankcorp in a research report on Monday, December 29th. Piper Sandler restated an “overweight” rating and issued a $18.00 price objective (up from $16.00) on shares of Fvcbankcorp in a research note on Thursday, February 12th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $18.00.

Institutional Trading of Fvcbankcorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC increased its position in Fvcbankcorp by 498.9% in the 3rd quarter. CWM LLC now owns 2,186 shares of the company’s stock worth $28,000 after buying an additional 1,821 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Fvcbankcorp by 115.6% in the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock worth $38,000 after acquiring an additional 1,589 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Fvcbankcorp by 138.2% in the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock worth $55,000 after acquiring an additional 2,468 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in Fvcbankcorp during the second quarter worth $71,000. Finally, Invesco Ltd. acquired a new position in Fvcbankcorp during the 4th quarter valued at $140,000. Institutional investors and hedge funds own 43.61% of the company’s stock.

Fvcbankcorp Company Profile

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.