FVCBankcorp, Inc. (NASDAQ:FVCB) EVP Sharon L. Jackson Sells 2,400 Shares

FVCBankcorp, Inc. (NASDAQ:FVCB) EVP Sharon L. Jackson sold 2,400 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $10.61, for a total value of $25,464.00. Following the transaction, the executive vice president now owns 28,595 shares of the company’s stock, valued at $303,392.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

FVCBankcorp Price Performance

Shares of FVCB stock traded up $0.08 during trading hours on Monday, hitting $11.06. 35,845 shares of the company’s stock were exchanged, compared to its average volume of 23,620. The stock’s 50-day moving average is $11.07 and its 200-day moving average is $11.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $198.82 million, a price-to-earnings ratio of 45.71 and a beta of 0.24. FVCBankcorp, Inc. has a 52 week low of $9.78 and a 52 week high of $15.39.

FVCBankcorp (NASDAQ:FVCB) last announced its earnings results on Thursday, July 25th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. The company had revenue of $28.84 million for the quarter, compared to analysts’ expectations of $14.08 million. FVCBankcorp had a return on equity of 7.25% and a net margin of 4.44%. As a group, research analysts forecast that FVCBankcorp, Inc. will post 0.9 EPS for the current year.

Hedge Funds Weigh In On FVCBankcorp

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in FVCBankcorp by 1.5% in the first quarter. Vanguard Group Inc. now owns 812,588 shares of the company’s stock valued at $9,897,000 after buying an additional 11,977 shares during the period. Dimensional Fund Advisors LP grew its stake in FVCBankcorp by 7.9% in the second quarter. Dimensional Fund Advisors LP now owns 218,271 shares of the company’s stock valued at $2,383,000 after purchasing an additional 16,073 shares in the last quarter. Evermay Wealth Management LLC grew its stake in FVCBankcorp by 437.3% in the second quarter. Evermay Wealth Management LLC now owns 95,914 shares of the company’s stock valued at $1,047,000 after purchasing an additional 78,064 shares in the last quarter. Bank of New York Mellon Corp grew its stake in FVCBankcorp by 17.1% in the second quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock valued at $577,000 after purchasing an additional 7,709 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of FVCBankcorp by 7.9% during the 1st quarter. Empowered Funds LLC now owns 47,925 shares of the company’s stock worth $584,000 after acquiring an additional 3,500 shares during the period. Institutional investors and hedge funds own 43.61% of the company’s stock.

About FVCBankcorp

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.