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

Fvcbankcorp, Inc. (NASDAQ:FVCB) EVP Sharon Jackson sold 1,400 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 22,424 shares in the company, valued at approximately $417,534.88. This represents a 5.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Fvcbankcorp Trading Down 0.7%

Shares of Fvcbankcorp stock opened at $18.41 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09. Fvcbankcorp, Inc. has a 12-month low of $11.83 and a 12-month high of $19.11. The firm has a market capitalization of $331.93 million, a price-to-earnings ratio of 12.96 and a beta of 0.33. The firm’s 50 day simple moving average is $17.96 and its two-hundred day simple moving average is $16.40.

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

Fvcbankcorp Announces Dividend

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

Analyst Ratings Changes

Several analysts have weighed in on FVCB shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Fvcbankcorp in a research note on Friday, June 26th. Piper Sandler raised their price objective on Fvcbankcorp from $19.00 to $21.00 and gave the stock 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Fvcbankcorp has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

Hedge Funds Weigh In On Fvcbankcorp

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in Fvcbankcorp during the second quarter valued at $19,064,000. Fourthstone LLC increased its stake in shares of Fvcbankcorp by 19.6% during the fourth quarter. Fourthstone LLC now owns 1,088,952 shares of the company’s stock worth $15,147,000 after purchasing an additional 178,132 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Fvcbankcorp by 1.1% during the third quarter. Alliancebernstein L.P. now owns 988,020 shares of the company’s stock worth $12,815,000 after purchasing an additional 10,690 shares in the last quarter. Ategra Capital Management LLC acquired a new position in shares of Fvcbankcorp during the 2nd quarter worth about $7,643,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Fvcbankcorp by 6.5% during the 1st 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 last quarter. 43.61% of the stock is currently 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.