FVCBankcorp, Inc. (NASDAQ:FVCB) Director Daniel M. Testa Sells 1,200 Shares of Stock

FVCBankcorp, Inc. (NASDAQ:FVCBGet Rating) Director Daniel M. Testa sold 1,200 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $19.66, for a total transaction of $23,592.00. Following the completion of the transaction, the director now owns 140,036 shares in the company, valued at $2,753,107.76. The sale was disclosed in a filing with the SEC, which is available through this link.

FVCBankcorp Stock Up 0.7 %

Shares of NASDAQ FVCB traded up $0.13 during midday trading on Thursday, reaching $19.86. 29,540 shares of the company’s stock traded hands, compared to its average volume of 20,128. The company has a market cap of $277.84 million, a price-to-earnings ratio of 11.03 and a beta of 0.31. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.23. FVCBankcorp, Inc. has a one year low of $18.00 and a one year high of $21.90. The stock’s 50 day simple moving average is $19.73 and its 200-day simple moving average is $19.48.

FVCBankcorp (NASDAQ:FVCBGet Rating) last announced its earnings results on Thursday, October 20th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. FVCBankcorp had a net margin of 33.48% and a return on equity of 13.20%. The business had revenue of $18.10 million during the quarter, compared to the consensus estimate of $18.10 million. On average, analysts predict that FVCBankcorp, Inc. will post 1.83 EPS for the current fiscal year.

Institutional Investors Weigh In On FVCBankcorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. Warner Financial Inc. acquired a new stake in shares of FVCBankcorp in the 1st quarter worth $304,000. JPMorgan Chase & Co. lifted its stake in FVCBankcorp by 79,514.3% during the 1st quarter. JPMorgan Chase & Co. now owns 11,146 shares of the company’s stock valued at $231,000 after acquiring an additional 11,132 shares during the period. Lafayette Investments Inc. purchased a new stake in shares of FVCBankcorp in the 1st quarter valued at $203,000. Citigroup Inc. acquired a new stake in shares of FVCBankcorp in the first quarter worth $112,000. Finally, Acadian Asset Management LLC purchased a new stake in FVCBankcorp in the first quarter valued at $127,000. Hedge funds and other institutional investors own 37.24% of the company’s stock.

FVCBankcorp Company Profile

(Get Rating)

FVCBankcorp, Inc operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit.

Further Reading

Insider Buying and Selling by Quarter for FVCBankcorp (NASDAQ:FVCB)

Receive News & Ratings for FVCBankcorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FVCBankcorp and related companies with MarketBeat.com's FREE daily email newsletter.