Fvcbankcorp (NASDAQ:FVCB) Director Scott Laughlin Sells 8,100 Shares

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Scott Laughlin sold 8,100 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $18.55, for a total transaction of $150,255.00. Following the transaction, the director owned 174,421 shares in the company, valued at $3,235,509.55. This represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Fvcbankcorp Trading Down 0.2%

Shares of NASDAQ:FVCB opened at $18.54 on Tuesday. Fvcbankcorp, Inc. has a 52-week low of $11.83 and a 52-week high of $19.11. The company has a market capitalization of $334.28 million, a P/E ratio of 13.06 and a beta of 0.33. The company has a 50-day simple moving average of $17.92 and a 200 day simple moving average of $16.38. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03.

Fvcbankcorp (NASDAQ:FVCB) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $21.30 million during the quarter, compared to analysts’ expectations of $19.32 million. Fvcbankcorp had a return on equity of 9.91% and a net margin of 20.45%. Sell-side analysts forecast that Fvcbankcorp, Inc. will post 1.5 earnings per share for the current year.

Fvcbankcorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, July 27th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. Fvcbankcorp’s payout ratio is presently 19.72%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Piper Sandler increased their price target on shares of Fvcbankcorp from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Fvcbankcorp in a research report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.00.

Institutional Trading of Fvcbankcorp

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Legal & General Group Plc bought a new stake in Fvcbankcorp in the 2nd quarter valued at about $26,000. Russell Investments Group Ltd. increased its holdings in shares of Fvcbankcorp by 115.6% during the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock worth $38,000 after purchasing an additional 1,589 shares during the period. California State Teachers Retirement System raised its position in shares of Fvcbankcorp by 340.6% in the second quarter. California State Teachers Retirement System now owns 3,675 shares of the company’s stock valued at $64,000 after buying an additional 2,841 shares in the last quarter. BNP Paribas Financial Markets raised its position 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 valued at $55,000 after buying an additional 2,468 shares in the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Fvcbankcorp in the second quarter valued at approximately $71,000. Institutional investors and hedge funds own 43.61% of the company’s stock.

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.