Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Director Sells $33,465.00 in Stock

Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Director Carolyn J. Woodruff sold 8,924 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total value of $33,465.00. Following the completion of the sale, the director now owns 138,179 shares of the company’s stock, valued at $518,171.25. This represents a 6.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Blue Ridge Bankshares Price Performance

Shares of BRBS stock opened at $3.25 on Wednesday. The stock has a 50 day moving average of $3.45 and a two-hundred day moving average of $3.19. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. Blue Ridge Bankshares, Inc. has a 12 month low of $2.45 and a 12 month high of $3.83. The company has a market capitalization of $238.93 million, a P/E ratio of -5.08 and a beta of 0.80.

Institutional Trading of Blue Ridge Bankshares

Hedge funds have recently modified their holdings of the company. Graham Capital Wealth Management LLC lifted its position in shares of Blue Ridge Bankshares by 1,446.2% in the 4th quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company’s stock worth $1,682,000 after acquiring an additional 488,687 shares during the period. Geode Capital Management LLC lifted its position in shares of Blue Ridge Bankshares by 186.1% during the 3rd quarter. Geode Capital Management LLC now owns 451,861 shares of the company’s stock worth $1,265,000 after buying an additional 293,897 shares during the period. Raffles Associates LP bought a new position in shares of Blue Ridge Bankshares during the 3rd quarter worth approximately $120,000. State Street Corp lifted its position in shares of Blue Ridge Bankshares by 26.9% during the 3rd quarter. State Street Corp now owns 72,645 shares of the company’s stock worth $203,000 after buying an additional 15,400 shares during the period. Finally, Banc Funds Co. LLC lifted its position in shares of Blue Ridge Bankshares by 79.5% during the 3rd quarter. Banc Funds Co. LLC now owns 2,130,722 shares of the company’s stock worth $5,966,000 after buying an additional 944,000 shares during the period. Institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Company Profile

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.