Insider Selling: FVCBankcorp, Inc. (NASDAQ:FVCB) Chairman Sells $27,000.00 in Stock

FVCBankcorp, Inc. (NASDAQ:FVCB) Chairman David W. Pijor sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $13.50, for a total value of $27,000.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

FVCBankcorp Price Performance

NASDAQ:FVCB opened at $13.79 on Friday. The stock has a market capitalization of $250.98 million, a PE ratio of 51.07 and a beta of 0.22. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $13.11 and a 200 day simple moving average of $11.91. FVCBankcorp, Inc. has a 1-year low of $9.78 and a 1-year 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, beating the consensus estimate of $0.24 by $0.01. The business had revenue of $30.05 million during the quarter, compared to the consensus estimate of $15.07 million. FVCBankcorp had a net margin of 4.95% and a return on equity of 7.37%. On average, research analysts expect that FVCBankcorp, Inc. will post 0.92 EPS for the current fiscal year.

Hedge Funds Weigh In On FVCBankcorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of FVCBankcorp by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 812,588 shares of the company’s stock worth $9,897,000 after buying an additional 11,977 shares during the period. Geode Capital Management LLC lifted its position in FVCBankcorp by 1.4% during the third quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock worth $4,667,000 after acquiring an additional 4,820 shares during the last quarter. State Street Corp boosted its holdings in shares of FVCBankcorp by 2.0% during the third quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after acquiring an additional 5,974 shares during the period. Dimensional Fund Advisors LP grew its position in shares of 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 during the last quarter. Finally, Bridgewater Advisors Inc. bought a new position in shares of FVCBankcorp during the third quarter worth approximately $2,246,000. 43.61% of the stock is owned by institutional investors.

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.