Fvcbankcorp (NASDAQ:FVCB) Director Phillip Wills III Sells 11,462 Shares

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Phillip Wills III sold 11,462 shares of Fvcbankcorp stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $14.81, for a total transaction of $169,752.22. Following the sale, the director owned 53,694 shares of the company’s stock, valued at approximately $795,208.14. This represents a 17.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Fvcbankcorp Trading Down 2.0%

NASDAQ FVCB traded down $0.30 during trading hours on Thursday, hitting $14.47. The company’s stock had a trading volume of 1,655 shares, compared to its average volume of 48,927. The stock has a fifty day moving average of $15.13 and a 200 day moving average of $13.74. Fvcbankcorp, Inc. has a twelve month low of $9.49 and a twelve month high of $17.94. The firm has a market capitalization of $259.59 million, a P/E ratio of 11.96 and a beta of 0.39. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.08.

Fvcbankcorp (NASDAQ:FVCB) last released its earnings results on Tuesday, January 20th. The company reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31. The firm had revenue of $18.33 million during the quarter, compared to analyst estimates of $16.45 million. Fvcbankcorp had a net margin of 18.08% and a return on equity of 8.92%. Equities research analysts forecast that Fvcbankcorp, Inc. will post 1.06 earnings per share for the current fiscal 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 issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Monday, January 26th. Fvcbankcorp’s dividend payout ratio is currently 19.83%.

Hedge Funds Weigh In On Fvcbankcorp

Institutional investors have recently modified their holdings of the business. Fourthstone LLC grew its position in shares of Fvcbankcorp by 258.4% in the 2nd quarter. Fourthstone LLC now owns 734,650 shares of the company’s stock valued at $8,669,000 after purchasing an additional 529,675 shares during the period. Ategra Capital Management LLC raised its holdings in Fvcbankcorp by 211.3% during the 3rd quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock worth $4,781,000 after buying an additional 250,232 shares during the period. Westbourne Investments Inc. lifted its stake in Fvcbankcorp by 205.5% in the third quarter. Westbourne Investments Inc. now owns 211,510 shares of the company’s stock valued at $2,585,000 after buying an additional 142,267 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Fvcbankcorp in the third quarter valued at approximately $678,000. Finally, Millennium Management LLC boosted its holdings in shares of Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock valued at $941,000 after buying an additional 25,075 shares during the period. Institutional investors own 43.61% of the company’s stock.

Wall Street Analysts Forecast Growth

FVCB has been the topic of a number of recent analyst reports. Piper Sandler restated an “overweight” rating and set a $18.00 target price (up from $16.00) on shares of Fvcbankcorp in a report on Thursday, February 12th. Weiss Ratings raised Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $18.00.

About Fvcbankcorp

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.