Sharon Jackson Sells 1,400 Shares of Fvcbankcorp (NASDAQ:FVCB) Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) EVP Sharon Jackson sold 1,400 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $18.62, for a total transaction of $26,068.00. Following the transaction, the executive vice president owned 22,424 shares of the company’s stock, valued at $417,534.88. This trade represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Fvcbankcorp Stock Down 1.5%

Shares of NASDAQ FVCB opened at $18.14 on Thursday. The company has a 50 day simple moving average of $17.99 and a 200 day simple moving average of $16.42. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.03 and a quick ratio of 1.03. Fvcbankcorp, Inc. has a 1 year low of $11.83 and a 1 year high of $19.11. The firm has a market cap of $327.06 million, a PE ratio of 12.77 and a beta of 0.33.

Fvcbankcorp (NASDAQ:FVCB) last announced its earnings results on Tuesday, July 21st. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of $21.30 million during the quarter, compared to analyst estimates of $19.32 million. Fvcbankcorp had a return on equity of 9.80% and a net margin of 20.45%. On average, research analysts forecast that Fvcbankcorp, Inc. will post 1.5 EPS for the current year.

Fvcbankcorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, July 27th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, July 27th. Fvcbankcorp’s dividend payout ratio (DPR) is 19.72%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FVCB. Weiss Ratings reissued a “buy (b)” rating on shares of Fvcbankcorp in a research report on Friday, June 26th. Piper Sandler upped their price objective on shares of Fvcbankcorp from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.00.

Hedge Funds Weigh In On Fvcbankcorp

Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Fvcbankcorp during the 2nd quarter worth approximately $19,064,000. Fourthstone LLC lifted its position in shares of Fvcbankcorp by 19.6% during the 4th quarter. Fourthstone LLC now owns 1,088,952 shares of the company’s stock valued at $15,147,000 after acquiring an additional 178,132 shares during the period. Alliancebernstein L.P. lifted its position in shares of Fvcbankcorp by 1.1% during the 3rd quarter. Alliancebernstein L.P. now owns 988,020 shares of the company’s stock valued at $12,815,000 after acquiring an additional 10,690 shares during the period. Ategra Capital Management LLC bought a new position in Fvcbankcorp during the second quarter worth $7,643,000. Finally, Dimensional Fund Advisors LP grew its holdings in Fvcbankcorp by 6.5% in the first quarter. Dimensional Fund Advisors LP now owns 302,167 shares of the company’s stock worth $4,590,000 after purchasing an additional 18,550 shares during the period. 43.61% of the stock is owned by institutional investors and hedge funds.

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.