Point72 Asia Singapore Pte. Ltd. Purchases Shares of 29,486 Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,486 shares of the company’s stock, valued at approximately $95,000.

Other hedge funds also recently bought and sold shares of the company. Graham Capital Wealth Management LLC boosted its holdings in Blue Ridge Bankshares by 1,446.2% during the fourth quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company’s stock valued at $1,682,000 after acquiring an additional 488,687 shares during the period. Truffle Hound Capital LLC bought a new stake in Blue Ridge Bankshares during the fourth quarter valued at about $483,000. Raymond James Financial Inc. bought a new stake in Blue Ridge Bankshares during the fourth quarter valued at about $364,000. Schonfeld Strategic Advisors LLC bought a new stake in Blue Ridge Bankshares during the fourth quarter valued at about $380,000. Finally, Susquehanna International Group LLP boosted its holdings in Blue Ridge Bankshares by 148.8% during the fourth quarter. Susquehanna International Group LLP now owns 813,238 shares of the company’s stock valued at $2,619,000 after acquiring an additional 486,344 shares during the period. 50.48% of the stock is currently owned by institutional investors.

Blue Ridge Bankshares Stock Down 1.4%

BRBS stock opened at $3.47 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. Blue Ridge Bankshares, Inc. has a 52-week low of $2.45 and a 52-week high of $3.83. The company has a 50-day moving average of $3.30 and a two-hundred day moving average of $3.36. The stock has a market capitalization of $316.39 million, a price-to-earnings ratio of -5.42 and a beta of 0.80.

Insider Activity

In other news, Director Carolyn J. Woodruff sold 8,924 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total transaction of $33,465.00. Following the completion of the transaction, the director now owns 138,179 shares of the company’s stock, valued at approximately $518,171.25. This represents a 6.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.92% of the stock is owned by company insiders.

About Blue Ridge Bankshares

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.