17,000 Shares in Chain Bridge Bancorp, Inc. $CBNA Bought by Militia Capital Management LLC

Militia Capital Management LLC acquired a new stake in Chain Bridge Bancorp, Inc. (NYSE:CBNA) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,000 shares of the company’s stock, valued at approximately $593,000. Militia Capital Management LLC owned 0.26% of Chain Bridge Bancorp as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CBNA. Hingham Institution for Savings acquired a new position in Chain Bridge Bancorp during the 4th quarter worth about $10,169,000. Royce & Associates LP grew its position in shares of Chain Bridge Bancorp by 13.2% in the 4th quarter. Royce & Associates LP now owns 278,136 shares of the company’s stock valued at $9,635,000 after buying an additional 32,415 shares during the last quarter. Gator Capital Management LLC grew its position in shares of Chain Bridge Bancorp by 0.8% in the 4th quarter. Gator Capital Management LLC now owns 205,745 shares of the company’s stock valued at $7,127,000 after buying an additional 1,635 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Chain Bridge Bancorp by 4.2% in the third quarter. Vanguard Group Inc. now owns 112,494 shares of the company’s stock valued at $3,682,000 after buying an additional 4,484 shares during the period. Finally, Beartown Capital Management LLC acquired a new stake in shares of Chain Bridge Bancorp in the fourth quarter valued at about $2,626,000.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CBNA. Zacks Research lowered Chain Bridge Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Hovde Group increased their target price on shares of Chain Bridge Bancorp from $38.00 to $39.50 and gave the company a “market perform” rating in a research report on Monday, May 4th. Weiss Ratings raised shares of Chain Bridge Bancorp from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Chain Bridge Bancorp to a “buy” rating in a report on Saturday, July 18th. Four analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Chain Bridge Bancorp currently has an average rating of “Reduce” and a consensus target price of $38.50.

Chain Bridge Bancorp Trading Down 1.5%

Shares of CBNA opened at $40.87 on Friday. The firm’s fifty day simple moving average is $39.09 and its two-hundred day simple moving average is $36.68. Chain Bridge Bancorp, Inc. has a 12 month low of $25.76 and a 12 month high of $45.26. The stock has a market capitalization of $268.07 million, a P/E ratio of 12.35 and a beta of 0.24.

Chain Bridge Bancorp (NYSE:CBNA) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.13. The firm had revenue of $17.37 million during the quarter, compared to analyst estimates of $15.49 million. Chain Bridge Bancorp had a return on equity of 13.07% and a net margin of 35.09%. As a group, research analysts predict that Chain Bridge Bancorp, Inc. will post 4.93 EPS for the current fiscal year.

Chain Bridge Bancorp Profile

Chain Bridge Bancorp, Inc (NYSE: CBNA) is the bank holding company for Chain Bridge Bank, a full-service community commercial bank headquartered in Oakton, Virginia. Founded in 1999, the company is focused on serving small- and middle-market businesses, professional firms and individual clients throughout the Washington, DC metropolitan area.

Through its subsidiary, Chain Bridge Bank provides a comprehensive suite of deposit products, including checking, savings and money market accounts, as well as time deposits.