Evermay Wealth Management LLC Has $164,000 Stock Position in FVCBankcorp, Inc. (NASDAQ:FVCB)

Evermay Wealth Management LLC increased its position in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) by 23.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,074 shares of the company’s stock after buying an additional 2,454 shares during the quarter. Evermay Wealth Management LLC’s holdings in FVCBankcorp were worth $164,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empowered Funds LLC grew its position in shares of FVCBankcorp by 5.2% in the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock valued at $707,000 after purchasing an additional 2,680 shares during the last quarter. Geode Capital Management LLC grew its holdings in FVCBankcorp by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock valued at $4,667,000 after buying an additional 4,820 shares during the last quarter. Warner Financial Inc. increased its position in FVCBankcorp by 26.7% in the 4th quarter. Warner Financial Inc. now owns 23,190 shares of the company’s stock worth $291,000 after buying an additional 4,882 shares during the period. State Street Corp lifted 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 buying an additional 5,974 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of FVCBankcorp by 148.0% in the third quarter. JPMorgan Chase & Co. now owns 24,628 shares of the company’s stock valued at $321,000 after acquiring an additional 14,696 shares during the period. 43.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at FVCBankcorp

In other news, Chairman David W. Pijor sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $13.50, for a total transaction of $27,000.00. Following the completion of the transaction, the chairman now directly owns 466,566 shares of the company’s stock, valued at approximately $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 the SEC website. Corporate insiders own 13.99% of the company’s stock.

FVCBankcorp Trading Down 2.4 %

Shares of FVCBankcorp stock opened at $12.07 on Friday. The company has a market cap of $219.67 million, a price-to-earnings ratio of 14.90 and a beta of 0.28. FVCBankcorp, Inc. has a 1 year low of $9.78 and a 1 year high of $14.50. The company’s fifty day simple moving average is $12.77 and its 200-day simple moving average is $12.56. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09.

FVCBankcorp (NASDAQ:FVCB) last posted its quarterly earnings data on Thursday, January 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.01. FVCBankcorp had a net margin of 13.00% and a return on equity of 7.72%. As a group, sell-side analysts expect that FVCBankcorp, Inc. will post 1.06 EPS for the current year.

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.