Dynamic Technology Lab Private Ltd Makes New $43,000 Investment in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Dynamic Technology Lab Private Ltd acquired a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,289 shares of the company’s stock, valued at approximately $43,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN bought a new stake in Blue Ridge Bankshares in the 4th quarter valued at $42,000. LPL Financial LLC raised its position in shares of Blue Ridge Bankshares by 124.4% in the fourth quarter. LPL Financial LLC now owns 24,060 shares of the company’s stock valued at $77,000 after purchasing an additional 13,339 shares during the period. Virtu Financial LLC bought a new position in shares of Blue Ridge Bankshares in the fourth quarter valued at about $79,000. American Century Companies Inc. acquired a new stake in shares of Blue Ridge Bankshares during the 4th quarter worth about $118,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in shares of Blue Ridge Bankshares during the 4th quarter worth about $131,000. 50.48% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Carolyn J. Woodruff sold 8,924 shares of the company’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total transaction of $33,465.00. Following the completion of the sale, the director now directly owns 138,179 shares in the company, valued at approximately $518,171.25. This represents a 6.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.92% of the company’s stock.

Blue Ridge Bankshares Stock Performance

BRBS opened at $3.05 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05. The business has a fifty day simple moving average of $3.39 and a 200 day simple moving average of $3.26. Blue Ridge Bankshares, Inc. has a 1 year low of $2.45 and a 1 year high of $3.83. The company has a market capitalization of $267.76 million, a PE ratio of -4.77 and a beta of 0.82.

Blue Ridge Bankshares 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.