150,000 Shares in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Purchased by Truffle Hound Capital LLC

Truffle Hound Capital LLC purchased a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the 4th quarter, Holdings Channel reports. The firm purchased 150,000 shares of the company’s stock, valued at approximately $483,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Azora Capital LP grew its holdings in Blue Ridge Bankshares by 33.5% in the third quarter. Azora Capital LP now owns 2,688,761 shares of the company’s stock valued at $7,529,000 after purchasing an additional 674,146 shares during the period. Banc Funds Co. LLC grew its stake in shares of Blue Ridge Bankshares by 79.5% during the 3rd quarter. Banc Funds Co. LLC now owns 2,130,722 shares of the company’s stock valued at $5,966,000 after buying an additional 944,000 shares during the period. Fourthstone LLC increased its holdings in shares of Blue Ridge Bankshares by 662.9% during the 3rd quarter. Fourthstone LLC now owns 1,987,097 shares of the company’s stock worth $5,564,000 after buying an additional 1,726,620 shares during the last quarter. Graham Capital Wealth Management LLC raised its position in shares of Blue Ridge Bankshares by 1,446.2% in the 4th quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company’s stock worth $1,682,000 after buying an additional 488,687 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Blue Ridge Bankshares by 186.1% in the third quarter. Geode Capital Management LLC now owns 451,861 shares of the company’s stock valued at $1,265,000 after acquiring an additional 293,897 shares during the last quarter. Institutional investors and hedge funds own 50.48% of the company’s stock.

Insider Transactions at Blue Ridge Bankshares

In other news, Director Carolyn J. Woodruff sold 8,924 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total value of $33,465.00. Following the transaction, the director now owns 138,179 shares of the company’s stock, valued at approximately $518,171.25. This trade represents a 6.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 4.92% of the company’s stock.

Blue Ridge Bankshares Stock Performance

Shares of NASDAQ:BRBS opened at $3.32 on Friday. The business has a 50-day moving average of $3.45 and a two-hundred day moving average of $3.21. The firm has a market capitalization of $291.46 million, a PE ratio of -5.19 and a beta of 0.80. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05. Blue Ridge Bankshares, Inc. has a 12 month low of $2.45 and a 12 month high of $3.83.

Blue Ridge Bankshares Profile

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.