FVCBankcorp, Inc. (NASDAQ:FVCB) Chairman David W. Pijor Sells 2,000 Shares

FVCBankcorp, Inc. (NASDAQ:FVCB) Chairman David W. Pijor sold 2,000 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $13.50, for a total value of $27,000.00. Following the sale, the chairman now directly owns 466,566 shares in the company, valued at $6,298,641. This trade represents a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

FVCBankcorp Price Performance

FVCB opened at $13.82 on Friday. The company’s 50-day simple moving average is $13.08 and its two-hundred day simple moving average is $11.89. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $251.52 million, a P/E ratio of 51.19 and a beta of 0.22. FVCBankcorp, Inc. has a 52-week low of $9.78 and a 52-week high of $15.39.

FVCBankcorp (NASDAQ:FVCB) last issued its earnings results on Tuesday, October 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. The company had revenue of $30.05 million for the quarter, compared to analysts’ expectations of $15.07 million. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.37%. As a group, analysts predict that FVCBankcorp, Inc. will post 0.92 EPS for the current year.

Institutional Trading of FVCBankcorp

Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets boosted its position in FVCBankcorp by 69.2% in the first quarter. BNP Paribas Financial Markets now owns 7,707 shares of the company’s stock worth $94,000 after purchasing an additional 3,152 shares during the last quarter. Princeton Capital Management LLC purchased a new position in shares of FVCBankcorp in the second quarter worth approximately $109,000. Chevy Chase Trust Holdings LLC boosted its holdings in shares of FVCBankcorp by 45.8% in the second quarter. Chevy Chase Trust Holdings LLC now owns 19,687 shares of the company’s stock worth $215,000 after buying an additional 6,187 shares during the last quarter. Barclays PLC grew its position in FVCBankcorp by 286.4% during the third quarter. Barclays PLC now owns 21,529 shares of the company’s stock valued at $281,000 after buying an additional 15,957 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in FVCBankcorp by 17.1% during the second quarter. Bank of New York Mellon Corp now owns 52,884 shares of the company’s stock valued at $577,000 after buying an additional 7,709 shares during the last quarter. Institutional investors own 43.61% of the company’s stock.

FVCBankcorp Company Profile

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.