FVCBankcorp, Inc. (NASDAQ:FVCB) Position Boosted by Evermay Wealth Management LLC

Evermay Wealth Management LLC increased its holdings in FVCBankcorp, Inc. (NASDAQ:FVCB) by 23.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,074 shares of the company’s stock after purchasing an additional 2,454 shares during the quarter. Evermay Wealth Management LLC owned 0.07% of FVCBankcorp worth $164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FVCB. Dimensional Fund Advisors LP lifted its holdings in shares of FVCBankcorp by 7.9% during 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 during the last quarter. Bridgewater Advisors Inc. acquired a new position in shares of FVCBankcorp in the third quarter worth about $2,246,000. Empowered Funds LLC boosted its holdings in shares of FVCBankcorp by 5.2% in the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock worth $707,000 after buying an additional 2,680 shares during the period. Fourthstone LLC acquired a new stake in shares of FVCBankcorp during the third quarter valued at approximately $1,371,000. Finally, State Street Corp lifted its position in shares of FVCBankcorp by 2.0% in the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock valued at $4,010,000 after acquiring an additional 5,974 shares in the last quarter. 43.61% of the stock is owned by institutional investors and hedge funds.

FVCBankcorp Trading Down 2.4 %

NASDAQ FVCB opened at $12.07 on Friday. The firm’s 50 day moving average price is $12.77 and its two-hundred day moving average price is $12.56. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00. FVCBankcorp, Inc. has a twelve month low of $9.78 and a twelve month high of $14.50. The stock has a market cap of $219.67 million, a price-to-earnings ratio of 14.90 and a beta of 0.28.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings results on Thursday, January 23rd. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. Equities analysts anticipate that FVCBankcorp, Inc. will post 1.06 EPS for the current year.

Insider Buying and Selling at FVCBankcorp

In related news, Chairman David W. Pijor sold 2,000 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $13.50, for a total transaction of $27,000.00. Following the completion of the sale, the chairman now directly owns 466,566 shares in the company, valued at approximately $6,298,641. This trade represents a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 13.99% of the company’s stock.

FVCBankcorp 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.