Fvcbankcorp (NASDAQ:FVCB) Director Sells $150,255.00 in Stock

Fvcbankcorp, Inc. (NASDAQ:FVCB) Director Scott Laughlin sold 8,100 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $18.55, for a total transaction of $150,255.00. Following the transaction, the director owned 174,421 shares in the company, valued at $3,235,509.55. This represents a 4.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Fvcbankcorp Stock Down 1.5%

FVCB stock opened at $18.14 on Thursday. The firm has a market cap of $327.06 million, a PE ratio of 12.77 and a beta of 0.33. Fvcbankcorp, Inc. has a 1 year low of $11.83 and a 1 year high of $19.11. The company has a fifty day simple moving average of $17.99 and a 200 day simple moving average of $16.42. 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 (NASDAQ:FVCB) last posted its earnings results on Tuesday, July 21st. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. Fvcbankcorp had a net margin of 20.45% and a return on equity of 9.80%. The firm had revenue of $21.30 million for the quarter, compared to the consensus estimate of $19.32 million. Sell-side analysts anticipate that Fvcbankcorp, Inc. will post 1.5 EPS for the current fiscal year.

Fvcbankcorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, July 27th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.5%. Fvcbankcorp’s dividend payout ratio is currently 19.72%.

Wall Street Analysts Forecast Growth

FVCB has been the subject of several analyst reports. Piper Sandler boosted their target price on Fvcbankcorp from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Fvcbankcorp in a report on Friday, June 26th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $21.00.

Hedge Funds Weigh In On Fvcbankcorp

Several large investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Fvcbankcorp in the 2nd quarter valued at approximately $19,064,000. Fourthstone LLC lifted its holdings 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 buying an additional 178,132 shares during the last quarter. Alliancebernstein L.P. lifted its holdings 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 buying an additional 10,690 shares during the last quarter. Ategra Capital Management LLC bought a new stake in shares of Fvcbankcorp in the second quarter valued at approximately $7,643,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Fvcbankcorp by 6.5% in the first quarter. Dimensional Fund Advisors LP now owns 302,167 shares of the company’s stock valued at $4,590,000 after acquiring an additional 18,550 shares during the period. Institutional investors and hedge funds own 43.61% of the company’s stock.

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.